Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. The Magazine which is published eight times a year features articles on finance, industry, investing and marketing topics.
It is also well known for its list and rankings, including the richest Americans, wealthy celebrities, +more.
On Tuesday, Forbes released its annual billionaires list. the likes of Elon Musk, Bill Gates, Kim Kardashian, Kanye West, Rihanna and many more made the cut. Being the first on the list for the first time is Elon Musk whose estimated $219 billion fortune was strengthened over the last year as he added $68 billion to his fortune with the success of Tesla.
Elon beat Jeff Bezos for the first time in four years as Amazon stock droppe and his charitable giving increased, lessening his net worth by $6 billion. Bezos still has $171 billion to his name.
However, the top five are French luxury goods Tycoon Bernard Arnault, with a net worth of $158 billion, Bill Gates, with a net worth of $129 billion, and Warren Buffett, with a net worth of $118 billion.
Kanye West ranked 1,153 on the list, coming up more than 200 spots from his place last year The rapper's $2 billion fortune is credited largely to his lucrative multi-year deal to design sneaker brand Yeezy adidas. This will be his second time in a row on the Forbes list.
Kim Kardashian ranked No 1,645, improving by more than 1,000 spot from her 2021 position. Her $1.8 billion net worth speaks how she turned reality TV into an actual fortune, selling a mobile game, cosmetics and now shapewear. This will be her second year in a row on the Forbes list.
There is also the superstar singer Rihanna, who earned a spot for the first time. Her $1.7 billion in wealth got her to 1,729 on the list, which she joined as a result of her cosmetics line, Fenty Beauty.
Other billionaires on the list are Mark Cuban, who is at No.601 with a net worth of $4.7 billion, Steven Spielberg, who is at No 801 with a net worth of $3.7 billion, Oprah Winfrey, who is at No 1,196 sot with a net worth of $2.6 billion, Jay-Z, who is at No 2,076 with a net worth of $1.4 billion, Tyler Perry, who is at No 2,578 with a net worth of $1 billion.
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