Elon Musk has reclaimed his position as the world’s wealthiest person, the latest data from the Bloomberg Billionaire Index shows.
According to the ranking, the Tesla, SpaceX and Twitter owner’s wealth has jumped to $192 billion, against $187 billion amassed by French luxury goods magnate Bernard Arnault. The two businessmen have been neck-and-neck at the top spot for months now.
Musk has seen his wealth jump by $55.3 billion this year, largely due to the Tesla share price, which surged about 24% in May alone and 65.6% in the past 12 months.
In December 2022 Musk lost the top spot to Arnault, whose LVMH conglomerate owns luxury brands including Louis Vuitton and Dior. Back then the French billionaire’s wealth spiked due to a surge in luxury goods sales, propelling the company’s stock price.
www.rt.com/business/577280-elon-musk-richest-man/