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

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
- Bangladesh's Yunus offers to buy cotton, farm goods duty-free from US after Trump's 37 percent announcement
- E-commerce giant Amazon plans to layoff 14,000 managers by early 2025 as part of the cost-cutting drive: Reports
- Geopolitical tensions, rising costs of climate change, unresolved debt issues putting labour markets under pressure, latest ILO report shows
- PwC to fire 1800 jobs in first major layoffs announced in 15 years
- New ILO report shows global youth unemployment rate dropped to 15-year low in 2023