Some notable figures are now considered former billionaires, and Elon Musk is no longer the richest person in the world, according to Forbes.
Some of the most notable former billionaires are Ye, the rapper formerly known as Kanye West, and Sam Bankman-Fried.
FTX founder Sam Bankman-Fried's fortune took a hit after he was charged with fraud. He's accused of stealing money from customers who had deposits in his cryptocurrency trading platform. Bankman-Fried was previously worth $24 billion, according to Forbes. He's now reportedly worth less than $10 million.Tesla founder and current Twitter CEO Elon Musk is no longer the richest person in the world. That honor now goes to France's Bernard Arnault.
Musk now sits at No. 2 on the list with a net worth of $181 billion, Forbes reports. Most of his wealth has been generated by Tesla and SpaceX.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bernard Arnault tops Elon Musk as world’s richest person: ForbesThe Tesla founder and Twitter CEO was knocked off the top spot on Forbes’ 2023 billionaires list by fashion industry exec Bernard Arnault of France, who has a $211 billion fortune, the public…
Read more »
Billionaires Bezos, Musk slide in Forbes World's Richest listJeff Bezos and Elon Musk reportedly both saw their net worths decrease by tens of billions of dollars, causing their rankings on Forbes' yearly list of the world's richest to slide in 2023.
Read more »
Dogecoin soars after Elon Musk’s Twitter bird switchTwitter users noticed the social media platform’s bird logo had been exchanged for a different animal — a shiba inu that appears to match the one used by cryptocurrency Dogecoin.
Read more »
Dogecoin price spikes after Elon Musk changes Twitter logo to the Shiba Inu dogElon Musk is currently facing a $258 billion class-action federal lawsuit accusing him of engaging in a pyramid scheme for voicing his support for Dogecoin in several tweets.
Read more »
Elon Musk’s obsession with blue checks is a verified problemIt’s a business, man.
Read more »
Apple CEO Tim Cook explains why he met with Donald Trump, Elon MuskApple CEO Tim Cook says he met with former President Donald Trump and Tesla CEO Elon Musk because 'it's even more important to engage when there's disagreement.'
Read more »