Elon Musk loses his position atop Forbes’ annual billionaires list

Patrick Pleul/Pool Photo via AP Tesla CEO Elon Musk attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany on March 22, 2022. (Patrick Pleul/Pool Photo via AP, File) By Jordan Valinsky | CNN

Elon Musk has officially been dethroned from from the top of Forbes’ annual “World’s Billionaire’s List.”

The Tesla and Twitter chief is now the second-richest billionaire, worth an estimated $180 billion, which is $39 billion less than the previous year. The top spot has been awarded to Bernard Arnault, the chairman of French luxury goods giant LVMH. His net worth increased more than $50 billion in the

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