Elon Musk is now America’s richest particular person, in line with Forbes.
Musk, the 51-year-old Tesla
TSLA,
+4.29%
govt who additionally desires to overcome the sector of area exploration, was ranked No. 1 on the Forbes annual checklist of the 400 richest Individuals. The publication mentioned Musk was value $251 billion, placing him method forward of Amazon
AMZN,
+0.31%
chief Jeff Bezos, who ranked second with $151 billion. Final yr, Bezos claimed the highest spot on the checklist with $201 billion and Musk got here in second with $190.5 billion.
Rounding out this yr’s top-10 checklist are loads of acquainted names, together with Invoice Gates (No. 3, $106 billion); Larry Ellison (No. 4, $101 billion); and Warren Buffett (No. 5, $97 billion).
However this yr’s rating was noteworthy for one particular person who didn’t make it to the highest 10 — particularly, Mark Zuckerberg of Meta
META,
+1.06%,
who fell to the eleventh spot with a mere $57.7 billion.
Musk’s wealth additionally places him on the high of Forbes’ real-time rating of worldwide billionaires. That checklist consists of a number of people from outdoors the U.S., comparable to France’s Bernard Arnault and India’s Gautam Adani.
Apparently, the robust economic system is leaving even the wealthiest Individuals feeling barely much less rich. Forbes famous that the mixed internet value of the highest 400 totaled $4 trillion — or $500 billion lower than in 2021. “The wealthy don’t all the time get richer,” Forbes mentioned.
The very best newcomer on the 400 checklist? Oil tycoon Autry Stephens, whose $10 billion in wealth put him 64th within the rating.
Additionally of word: Former President Donald Trump rejoined the checklist after failing to make the reduce final yr. He ranked 343 with a internet value of $3.2 billion.