Tesla CEO Elon Musk.
PHOTO BY ARCHIVE
Elon Musk was named this year’s world’s richest billionaire in the Forbes list of 100 richest billionaires of 2022.
The Tesla CEO and co-founder of rocket producer SpaceX claimed the top spot with a net worth of $219 billion.
Musk climbed to first place after ranking second richest billionaire last year. This year, Musk outranked Jeff Bezos, who was number one in the same list last year. Bezos, who founded e-commerce giant Amazon, is worth $171 billion this year.
In third place in this year’s top 100 richest billionaires is Louis Vuitton’s Bernard Arnault, who oversees the LVMH empire of some 70 fashion and cosmetics brands, including Sephora. Arnault has a net worth of $158 billion.
The ranking of world’s fourth richest billionaire went to Microsoft’s Bill Gates, who has an estimated net worth of $129 billion. Warren Buffett came in fifth place with a net worth of $118 billion. ICA/Expat Media
Al Ansari Exchange records 12% growth in foreign currency exchange transactions as FIFA World Cup kicks off
Sharjah car wash supervisor wins Dh30 million in Big Ticket
Taylor Swift wax figure unveiled in Dubai
UAE residents can now enter Qatar without Hayya card
Japan: 3 female nursery school teachers arrested for abusing toddlers
Donny Pangilinan hints at Dubai project with Belle Mariano
Dubai: Man scams company of Dh52,000 by creating fake documents
Arab-American expat wins 1st place at 4th Camel Trek Marathon
Why men in their 50s should get screened for prostate cancer
Toni Gonzaga is ‘probably the most powerful celebrity today,’ says Paul Soriano
Vhong Navarro allowed to post P1 million bail after court finds inconsistencies with Cornejo’s statements