Elon Musk has once again been named the world’s richest person, with a reported net worth of $433 billion as of yesterday, according to the latest billionaire rankings released by Forbes Sagarava.
The rankings are updated every five minutes during stock market hours to reflect changes in individuals’ stock values.
Amazon CEO Jeff Bezos ranks second, followed by Facebook founder Mark Zuckerberg.
Musk, who controls a vast business empire spanning electric vehicles, social media, and space exploration, is expected to become the world’s first trillionaire within the next five years, according to foreign media reports.
As wealth accumulation trends continue, experts predict that at least five individuals may amass $1 trillion in wealth over the next decade, marking a new era in the billionaire race.
