Elon Musk is no longer the richest man in the world after losing $39bn of his net worth - see full list below
Mr Musk took second spot in Forbes’s annual “World’s Billionaire List”, with Bernand Arnault taking the throne.
According to the list, Mr Musk has seen $39bn of his net worth was knocked off in a year following the purchase of Twitter, which was largely funded by selling shares in Tesla.The drop in his net worth comes after Twitter's worst ever year on Wall Street, with the company losing £700bn in investor money.
As with Mr Musk's Twitter, Mr Bezos saw his company underperform last year with its share price falling by around 40 per cent.The declining wealth of Mr Musk and Mr Bezos fits with the overall trend on Forbes' list.
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