Forbes releases new billionaires list, Elon Musk takes first spot | USA TODAY

There are 2,668 billionaires around the globe with 735 from the United States, says Forbes Magazine.

RELATED: Joe Biden propose billionaire income tax to help reduce national deficit

The ranks of billionaires is down by 87 over the past year, with their total worth dropping by $400 billion, says the latest list of the world’s richest people from Forbes magazine. They are worth a combined $12.7 trillion.

Forbes cites the Russia-Ukraine war, the COVID pandemic and weaker markets for the dip in the number of billionaires. Elon Musk and Jeff Bezos top the list.

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