There was a hint of delight inn CNN's coverage of the news that Elon Musk has lost his position as the richest person on the planet. As CNBC put it, Elon Musk was dethroned by Bernard Arnault and family.
Bernard Arnault, co-founder, chair, and CEO of LVMH, is the richest person and the richest man in the world with a net worth of $172.9 billion. Think Christian Dior, Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.
Behind Arnault is co-founder and CEO of Tesla, Elon Musk.
Other billionaires with some of the largest net worths include India's Gautam Adani, Amazon founder Jeff Bezos, and Microsoft's Bill Gates.
Six of the top 10 billionaires made their fortunes in technology, with Arnault, Berkshire Hathaway's Warren Buffett, Adani Group founder Gautam Adani, and Reliance Industry's Mukesh Ambani being the exceptions.
Meta's Mark Zuckerberg dropped off the top 10 list in February 2022.
Waren Buffet is #6 and it is noted that he has $1.1 billion in cash. Compare that to Bill Gates who has $55 billion in cash and Bernard Arnault who has $10.3 billion in cash.
There are lots of charts to compare who has how much money. Here's the world's richest billionaires in the last 10 years, followed by the world's richest countries.
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