Rihanna, Kim Kardashian make Forbes billioniares’ list a third time as Elon Musk loses first position

Rihanna, Kim Kardashian make Forbes billioniares’ list a third time as Elon Musk loses first position

Music stars Rihanna, Jay Z and Kim Kardashian are among the world's billionaires according to Forbes. However, Kim Kardashian's ex husband, Kayne W

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Music stars Rihanna, Jay Z and Kim Kardashian are among the world’s billionaires according to Forbes.

However, Kim Kardashian’s ex husband, Kayne West has dropped off the list after Adidas ended their partnership after he made anti-Semitic comments on social media.

Rihanna amassed a massive net worth after branching out into lingerie and beauty with her brand Fenty.

The singer helped her business partner, luxury goods titan, Bernard Arnault overthrow Elon Musk to become the richest person in the world after his net worth grew more than $50billion to $211billion.

In the Forbes list published on Tuesday, Rihanna slipped down the rankings in the list from 1,729th to 2,020th with $1.4billion – down from $1.7billion in 2022.

Meanwhile, Titanic director Steven Spielberg, ranked 694th with $4 billion after the release of the Avatar sequel last year.

Kim is ranked 2,259th on the list, but her fortune has shrunk from $1.9 billion last year to $1.2 billion this year.

Her Skims shapewear clothing line has been a huge success for her, and the company is now worth an estimated $3.2 billion.

Jay-Z is placed at 1,217th on the list. He is the only major star to have seen his value go up.

The rapper, who is married to singer Beyoncé, has increased his wealth to $2.5 billion from $1.4 billion.

Meanwhile, Elon Musk is now the second richest billionaire in the world, falling to Bernard Arnault, the chairman of French luxury goods giant LVMH — which owns brands like Louis Vuitton, Christian Dior and Tiffany & Co.

The two had been trading places on the billionaires’ list over the past few months, but Arnault was able to supersede Musk in the annual list after his net worth grew more than $50billion to $211billion.

At the same time, Musk’s net worth fell to just $180billion — $39billion less than it was last year.

Despite Arnault’s success, Forbes reports that it was a difficult year for many of the world’s billionaires as the total number of billionaires on the list fell for a second straight year from 2,668 to 2,640.

But among those who are still billionaires, Forbes reports, none lost as much money as Bezos, who is $57billion poorer than he was a year ago thanks to a 38 percent decline in Amazon stock.

Bezos is now just in the third position on the list, with an estimated net worth of $114billion.

‘Nearly half the list is poorer than they were 12 months ago, but a lucky few or billions.