Bloomberg’s calculations, has again titled Elon Musk as the world’ s richest person in the world.
In December 2022, Bernard Arnault, CEO of the French luxury retailer LVMH (LVMHF), deposed the Tesla CEO from the top rank, moving Elon Musk to number two on the list for more than two months. Yet as of Monday, according to Bloomberg, a surge in Tesla stock has sent Musk back to the top of the Billionaires Index.
According to Bloomberg, as of Monday after the markets closed, Musk’s net worth was $187.1 billion, barely surpassing Arnault’s $185.3 billion fortune.
While Tesla (TSLA) stock declined steeply last year amid Musk’s problem-plagued acquisition of Twitter and a broader market downturn in tech, shares for the electric vehicle maker have since surged in 2023.
Musk might hold the current title of the richest person in the world, but he also holds a record for the biggest fortune ever lost by anyone in history. December 2022, Musk became the first person ever to lose $200 billion in wealth — after his net worth slid from $340 billion in November, 2021 to $137 billion in December 2022.