Economy
World / Countries / MNCs Twitter and Tesla chief Elon Musk is once again world's richest person
Just Earth News | @justearthnews | 02 Jun 2023, 07:39 am Print
Elon Musk Representational image courtesy Wallpaper Cave
Twitter and Tesla chief Elon Musk has once again reclaimed his position as the world's richest person.
He replaced LVMH boss Bernard Arnault.
His net worth has soared by $55.3bn (£44.44bn) since January to $192bn, after a rise in the value of his electric car company Tesla, reports BBC.
Arnault's fortune has fallen by $24.5bn to $187bn, per Bloomberg's Billionaires Index, reports the British media.
In the third and fourth positions stand Jeff Bezos and Bill Gates.
Arnault, 74, had overtaken Musk, 51, on the the rich list in December when shares in LVMH jumped as demand for luxury goods rebounded, reports BBC.
More Economy
- WhatsApp's new feature will hide your phone number—Here's how it works
- Ford rehires human engineers after AI fails to match their expertise in quality checks
- Samsung, Alcedis team up to transform wearable biometrics into medical evidence
- Meta unveils affordable AI glasses starting at $299. All details here
- Oracle cuts 21,000 jobs as AI transformation accelerates

