The world’s richest person is now Bernard Arnault, a French billionaire with a net worth of KSh 32.6 trillion as of Wednesday, February 21, according to Forbes data.

Arnault’s wealth has climbed by $20.1 billion since the beginning of the year, when he had the second-highest net worth of $203.2 billion.

With a net worth of $205.5 billion (KSjh 30 trillion) as of February 21, 2024, Elon Musk, the CEO of SpaceX, Tesla, and X (previously Twitter), fell to second place.

This indicates a $44 billion loss in 2023 and a sharp decline from his $250.4 billion net worth on January 1, 2024.

The World’s 10 Richest Men As of Wednesday, February 21

1. Bernard Arnault & family: $223.3 billion

2. Elon Musk: $205.5 billion

3. Jeff Bezos: $188.4 billion

4. Mark Zuckerberg, $166.1 billion

5. Larry Ellison: $136.1 billion

6. Warren Buffett: $133.9 billion

7. Bill Gates: $123.8 billion

8. Steve Ballmer: $120.3 billion

9. Larry Page: $118.3 billion

10. Mukesh Ambani: $113.9 billion