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Elon Musk has retained his position as the world’s richest person, despite a significant loss of approximately $26.7 billion (KSh 3.5 trillion) in net worth. This decline was primarily due to a 14% drop in Tesla’s stock price, following a public dispute with U.S. President Donald Trump over proposed policy changes affecting electric vehicle subsidies and federal contracts. www.multilinks.biz
Despite this setback, Musk’s net worth stands at an estimated $393.8 billion (KSh 50.9 trillion), keeping him at the top of Forbes’ Real-Time Billionaires List. www.multilinks.biz
In a notable shift in the billionaire rankings, Meta CEO Mark Zuckerberg has surpassed Amazon founder Jeff Bezos to become the world’s second-richest individual. Zuckerberg’s net worth has risen to approximately $240.8 billion (KSh 31.1 trillion), attributed to a strong performance in Meta’s stock. Meanwhile, Bezos’s net worth is estimated at $228.1 billion (KSh 29.5 trillion).
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These developments highlight the dynamic nature of global wealth rankings, influenced by market fluctuations and corporate performance.
Recent Shifts in Global Billionaire Rankings.
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