Former World’s Richest Man Drops to 6th, Zuckerberg Jumps to 3rd
- The world billionaire list has changed with Bernard Arnault, once the world's richest man, dropping to 6th place
- Mark Zuckerberg has climbed to 3rd position, overtaking Warren Buffett and Larry Ellison, with a net worth of $176.9 billion
- Elon Musk remains the richest person globally, with a net worth of over $300 billion, despite recent losses
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Bernard Arnault, once the world's richest man, has dropped to 6th place with a net worth of $145.0 billion
According to data from Forbes, Arnault in the past few months has suffered significant wealth loss, and the latest is $916 million on Wednesday, April 16.
Arnault, chairman of LVMH, saw his wealth dip following a decline in the share prices of his luxury empire, marking a notable shift in global billionaire standings.
Source: Getty Images
Elon Musk leads the World Billionaires list
Elon Musk continues to dominate the global wealth rankings with a staggering net worth of $368.9 billion.
Musk is the founder of electric car maker Tesla, rocket producer Spacex and artificial intelligence startup XAI, which also controls X.
Meanwhile, Meta CEO Mark Zuckerberg climbed to third place with a net worth of $176.9 billion, overtaking Oracle’s Larry Ellison ($166.3 billion) and legendary investor Warren Buffett ($163.9 billion).
Amazon founder Jeff Bezos remains in second place with $196.0 billion.
Here’s a look at the latest top six global billionaires by net worth:
- Elon Musk – $368.9 billion
- Jeff Bezos – $196.0 billion
- Mark Zuckerberg – $176.9 billion
- Larry Ellison – $166.3 billion
- Warren Buffett – $163.9 billion
- Bernard Arnault & family – $145.0 billion
Source: Getty Images
Nigerian billionaires' wealth changes
Nigerian billionaires experienced mixed wealth trends. While some saw their fortunes increase, others recorded a decline.
Aliko Dangote remains the richest man in Nigeria, with a net worth of $23.6 billion after gaining over $3 million on Wednesday. He is currently ranked as the 82nd richest person in the world.
Trailing Dangote is Mike Adenuga, who added $2 million to his fortune on Wednesday, according to Forbes data. Adenuga's wealth comes from telecommunications and oil production.
Abdulsamad Rabiu and Femi Otedola occupy the third and fourth positions among Nigeria's richest men. Rabiu had a quiet Wednesday, neither gaining nor losing, and ended the day with a net worth of $4.7 billion.
Otedola, on the other hand, added $1 million to his fortune, bringing his net worth to $1.4 billion.
Dangote makes over N9b on his birthday
Legit.ng previously reported that on his birthday, Thursday, April 10, Nigerian business mogul and Africa's richest man, Aliko Dangote, saw his net worth increase by $6 million (over N9.53 billion).
The report highlighted Dangote's journey to becoming a billionaire, noting the influence of his great-grandfather, who was one of West Africa’s wealthiest men and traded in kola nuts and groundnuts.
It also revealed the list of companies owned by Dangote.
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Source: Legit.ng
