Elon Musk (U.S.) - $160.6Billion; Tesla's chief executive 4. Steve Ballmer (U.S.)- $88.7Billion; Former CEO of Microsoft Bloomberg data as of May 17 AdvertisementElon Musk has dropped out of his spot as the world's second richest man, falling below Louis Vuitton chairman and CEO Bernard Arnault after Tesla's share price sank. As recently as March, the Tesla CEO and 'Technoking' had topped the list as the world's richest man, but now sits below Amazon CEO Jeff Bezos and Arnault, the French billionaire who runs LVMH Moët Hennessy Louis Vuitton. Musk's latest net worth fall comes as a co-creator of Dogecoin, the cryptocurrency Musk has gotten behind - and then seemed to abandon - called the Tesla founder a 'self-absorbed grifter.' On Sunday Musk suggested in a cryptic tweet that Tesla could have dumped the remainder of its Bitcoin holdings.

Source: Daily Mail May 18, 2021 13:59 UTC