Elon Musk is the richest person in the world again
Elon Musk has reclaimed the title of the richest individual on this planet, per Bloomberg’s tally.
The Tesla CEO was unseated from the highest spot by Bernard Arnault, CEO of French luxurious model LVMH, in December of final yr, making Musk No. 2 on the record for greater than two months. As of Monday, nevertheless, Bloomberg stories {that a} rally in Tesla inventory has lifted Musk again to the highest of its real-time Billionaires Index.
Musk’s internet price was some $187.1 billion as of Monday after markets closed, in line with Bloomberg, simply topping the $185.3 billion fortune of Arnault.
While Tesla inventory declined steeply final yr amid Musk’s problem-plagued acquisition of Twitter and a broader market downturn in tech, shares for the electrical car maker have since surged in 2023.
Musk may maintain the present title of the richest individual on this planet, however he additionally holds a report for the largest fortune ever misplaced by anybody in historical past. Late final yr, Musk turned the primary individual ever to lose $200 billion in wealth — after his internet price slid from some $340 billion in Nov. 2021 to $137 billion in Dec. 2022.
