Mumbai, October 4: Elon Musk has once again bagged the title "wealthiest person in US". Tesla CEO first topped the Forbes 400 ranking of the richest people in America a year ago, in October 2022, with a net worth of an estimated USD 251 billion. His worth has not changed this year, but it’s been a long and wild rollercoaster ride for Elon Musk to save his spot on the Forbes 400 Richest Americans List 2023.

Meanwhile, former US President Donald Trump has faced a bummer amid his ongoing Presidential bid. Donald Trump has been dropped from the Forbes 400 list of wealthy Americans after his net worth dwindled by more than USD 600 million. According to Forbes, Donald Trump's net worth now stands at USD 2.6 billion. Donald Trump is currently facing a civil fraud trial in New York relating to allegations that he inflated the values of his assets to secure more favourable loan and insurance terms. The trial began on October 2, 2023, and is expected to last for three months. Elon Musk Retakes Title of World’s Richest Person: Tesla CEO Becomes Wealthiest Person on Earth, Rival Bernard Arnault Falls Behind As LVMH Sinks.

According to the magazine, the Forbes 400 is a list of self-made multi-billionaires, with 279, or 70%, of the 2023 listees having created their fortune rather than inheriting it. Forbes Tuesday published this year's Forbes 400 Richest Americans List 2023 with a few defectors and also a few new faces. You can check the full list of Forbes 400 richest Americans 2023 here. India's Shah Rukh Khan Is World's Fourth Richest Actor in 2023! Know SRK's Net Worth and Check Full List of Richest Actors in the World That Has Two More Indian Celebrities.

Amazon CEO Jeff Bezos is a distant second on the Forbes 400 Richest Americans List 2023, with a net worth of USD 161 billion. Warren Buffet is at the fourth rank with a worth of USD 121 billion. Microsoft mogul Bill Gates and Facebook founder Mark Zuckerberg both made the top 10 list this year – and remain there at No. 6 and No. 8, respectively. The newest addition to the list is Former NBA star Michael Jordan, who sits at No. 379 with a net worth of USD 3 billion.

(The above story first appeared on LatestLY on Oct 04, 2023 01:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).