With a net worth of 187$ billion, Billionaire Elon Musk reclaimed his title as the world’s richest man, according to Bloomberg Billionaires Index. Musk surpassed France’s Bernard Arnault to regain his spot as the world’s richest person.
Elon Musk achieved this feat due to an increase in Tesla’s share prices. On a year-to-date basis, Tesla shares soared 92%.
According to Bloomberg Billionaires Index, Elon Musk’s net worth was approximately $187 billion, surpassing Bernard Arnault’s $185 billion fortune.
However, Tesla chief’s net worth fell by over $200 billion between November and December last year, which was regarded as one of the largest losses of wealth in recent history.
On Monday’s trade, Tesla’s shares closed 5.46% higher at $207.63. Meanwhile, it has surged nearly 20% in the last month. Gains in Tesla’s stock outpaced the rall ..
Elon Musk is the chief executive of Tesla, known for his various business ventures and technological advancements. Musk is also the chief executive of SpaceX, a rocket manufacturing company, and has a stake in the social networking company Twitter.
