Tesla CEO Elon Musk has for the first time topped Forbes’ new World’s Billionaires ranking while Thai billionaire Dhanin Chearavanont has dropped from No.103 in last year’s ranking to No.137.
Mr Musk tops the ranking with an estimated net worth of US$219 billion. The total net worth of the world’s 2,688 billionaires is $12.7 trillion, down from $13.1 trillion last year, according to Forbes.
The number of billionaires fell from 2,755 last year. The latest number includes 236 newcomers — far fewer than the 493 recorded last year.
Meanwhile, 329 people dropped off the list this year — the most in a single year since the 2009 financial crisis.
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