Elon Musk, once the world’s number one nobleman, is steadily declining in wealth. Musk moved to the third spot in Forbes’ billionaire ranking list after a steep decline in shares of electric carmaker Tesla. A few days ago Elon Musk replaced Amazon CEO Jeff Bezos to occupy the number one position on the list, but he could not stay long on the first position and Bezos pushed Musk to number two. Now Musk’s wealth has come down again and he has slipped to number three. France’s businessman Bernard Arnault has now reached second place.