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Colin Huang Temu Founder Skyrockets Into Wealth Elite

Elon Musk Reclaims Richest Person Title, Temu Founder Soars into Top 10 Global

In a stunning turn of events, Tesla CEO and SpaceX founder Elon Musk has reclaimed the title of the world's richest person, according to the latest Forbes rankings. The 51-year-old's estimated $201.4 billion fortune saw him leapfrog LVMH boss Bernard Arnault, who had held the top spot for several months.

Colin Huang: Temu Founder Skyrockets into Wealth Elite

Meanwhile, the founder of the immensely successful Temu app, 44-year-old Colin Huang, has made a meteoric rise up the global wealth rankings. PDD Holdings, the company behind Temu, saw its shares surge in value on Tuesday, propelling Huang into the top 10 wealthiest individuals worldwide with an estimated fortune of $45 billion.

Wealth of Top 10 Richest Germans Exceeds Nation's GDP

In another significant development, the combined wealth of the top 10 richest Germans has surpassed the gross domestic product (GDP) of the entire country. According to Forbes, the wealth of these individuals, including SAP founder Hasso Plattner and Lidl owner Dieter Schwarz, totals over $500 billion, a figure that exceeds Germany's annual economic output.

Richest People in the World (December 2023)

Here's a look at the top 10 richest people in the world as of December 2023, according to Forbes:

1. Elon Musk: $201.4 billion

2. Bernard Arnault: $189.9 billion

3. Jeff Bezos: $164.1 billion

4. Gautam Adani: $137.4 billion

5. Warren Buffett: $117 billion

6. Larry Ellison: $113.5 billion

7. Steve Ballmer: $105.5 billion

8. Colin Huang: $45 billion

9. Mukesh Ambani: $43.7 billion

10. Françoise Bettencourt Meyers: $43.2 billion


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