Welcome to our website here we are sharing with you about Tesla CEO Elon Musk. Now, Again Elon Musk is the richest person in the world. We are knowing that The Tesla CEO was knocked out of the top spot by French luxury brand LVMH (LVMHF) CEO Bernard Arnault in December last year, which has been No. 2 on the list for more than two months. As of Monday, however, Bloomberg reported that a rally in Tesla stock had pushed Musk to the top of its real-time billionaire index.
According to Bloomberg, Musk’s net worth as of Monday after the market closed was about $187.1 billion, topping Arnold’s $185.3 billion fortune. Although Tesla ( TSLA ) stock fell sharply last year amid a troubled Twitter acquisition by Musk and a broader market slowdown in tech, the electric vehicle maker’s shares have risen since 2023
Kasturi may hold the current title of the world’s richest man, but he also holds the record for the largest fortune in history. Late last year, Musk became the first person to lose $200 billion in wealth — his net worth fell from about $340 billion in November 2021 to $137 billion in December 2022.
Musk has overtaken the founder of luxury fashion brand LVMH Bernard Arnault in this list. Arnault now has a net worth of $185 billion. Elon Musk was the world’s second-richest person for nearly two months after he was dethroned by Arnold in December last year after a hemorrhaging of Tesla shares. Tesla stock is up 100 percent since January 2023 and closed Monday at $207.63. The rise in Tesla shares can be attributed to lower car prices and increased investor demand.
Despite the volatility, they are ahead of Amazon’s Jeff Bezos, Microsoft co-founder Bill Gates, and billionaire investor Warren Buffett. Bezos, Gates, and Buffett have net worths of $117 billion, $114 billion, and $106 billion, respectively.
According to the Forbes Real-Time Billionaires Index, however, Bernard Arnault remains at the top with a net worth of $206.3 billion. Here, Musk ranks second with a net worth of $197.7 billion. Jeff Bezos, Oracle co-founder Larry Ellison, Warren Buffett and Bill Gates followed with $117 billion, $113 billion, $106 billion, and $105.2 billion respectively.