American billionaire and CEO of Tesla, Elon Musk, maintained his position as the richest man in the world, according to the Forbes list of the world's richest people, despite volatile technology stocks reordering the names of the top 10 people on the list.
Despite the recent sharp decline in US stocks, Musk maintained his position at the top of the list with a fortune of $226.9 billion.
Jeff Bezos, founder of the giant Amazon company, came in second place, with a fortune estimated at $187.1 billion, and French businessman Bernard Arnault, founder of LVMH, came in third place with a fortune of $175.4 billion.
The combined wealth of the 10 richest people in the world as of August 1, 2024, is about $1.63 trillion, which is about $25 billion less than last month.
Meta CEO Mark Zuckerberg dropped one place to become fourth on the list with a fortune of $171.2 billion.
While the famous American investor Warren Buffett rose three places, and was the biggest gainer on the list, to seventh place, with a fortune of $134.6 billion. The biggest loser among the world's richest people was the French luxury goods tycoon Bernard Arnault, who was the richest person in the world from February until late May.
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