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Elon Musk reclaims world richest man title

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Plughuz by Plughuz
June 1, 2023
in World
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Elon Musk reclaims world richest man title

(COMBO) This combination of pictures created on December 7, 2022 shows (From L) a file photo taken on December 13, 2021 of Elon Musk as he attends TIME Person of the Year in New York City and a file photo taken on September 19, 2017 of CEO of LVMH Bernard Arnault as he poses during a photo session in Paris. - Frenchman Bernard Arnault, CEO of the luxury goods group LVMH, and his family topped the Forbes list of the world's richest people on December7, 2022, with $185.1 billion, unseating American Elon Musk, head of Tesla, SpaceX and Twitter. (Photo by Theo Wargo and JOEL SAGET / various sources / AFP)

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Elon Musk, founder and Chief Executive Officer (CEO) of Tesler Motors, SpaceX and owner of Twitter, has reclaimed his position as the world’s richest person after dethroning French multi-billionaire Bernard Arnault from the top spot.

The Twitter boss reclaimed the spot on Wednesday after shares of Mr Arnault’s LVMH fell 2.6 per cent in Paris trading.

According to a Bloomberg Billionaires tally, Elon Musk now has his net worth at about $192 billion, compared to Bernard Arnault’s $187 billion.

Bernard Arnault is the CEO of Moët Hennessy Louis Vuitton, commonly known as LVMH (LVMHF), a French multinational holding and conglomerate specializing in luxury goods with its headquarter in Paris.

LVMH incorporates companies such as Louis Vuitton, Tiffany, Celine and Tag Heuer.

Musk and Arnold have reportedly been neck-and-neck for the top spot for months.

Below is the new list of the world’s richest people according to The Nation.

  • Elon Musk: $192b
  • Bernard Arnault: $187b
  • Jeff Bezos: $144b
  • Bill Gates: $125b
  • Larry Ellison: $118b
  • Steve Ballmer: $114b
  • Warren Buffet: $112b
  • Larry Page: $111b
  • Sergey Brin: $106b
  • Mark Zuckerberg: $96.5b
  • Carlos Slim: $89.4b
  • Francoise Bettencourt Meyers: $85.5b
  • Mukesh Ambani: $84.7b
  • Amancio Ortega: $67.8b
  • Jim Walton: $67.2b
  • Rob Walton: $65.5b
  • Alice Walton: $64.4b
  • Zhong Shanshan: $61.5b
  • Gautam Adani: $61.3b
  • John Mars: $60.6b

See Also: Elon Musk falls to No. 2 on Forbes billionaires ranking

Tags: Bernard ArnaultElon MuskLVMHSpaceXTeslerTwitterWorld richest man
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