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The list, released this week, reveals 2,668 billionaires, including 236 newcomers—far fewer than last year’s 493. Elon Musk tops the World’s Billionaires ranking for the first time ever, with an estimated net worth of $219b. Altogether the total net worth of the world’s billionaires is $12.7t, down from last year’s $13.1t.
“The tumultuous stock market contributed to sharp declines in the fortunes of many of the world’s richest,” said Kerry A. Dolan, Assistant Managing Editor of Wealth, Forbes. “Still, more than 1,000 billionaires got wealthier over the past year. The top 20 richest alone are worth a combined $2 trillion, up from $1.8 trillion in 2021.”
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