According to the Bloomberg Billionaires Index, Elon Musk has reclaimed his position as the world’s richest person after defeating Bernard Arnault, CEO of the French luxury brand Louis Vuitton.
According to the Bloomberg Billionaires Index, Musk’s net worth was approximately USD 192 billion as of Thursday, while Arnault’s net worth was approximately USD 187 billion. According to index data, Jeff Bezos and Bill Gates trail Musk and Arnault with USD 144 billion and USD 125 billion, respectively.
The index ranks the world’s wealthiest people on a daily basis. The calculations are explained in detail on each billionaire’s profile page in the net worth analysis. The figures are updated at the end of each New York trading day.
Tesla CEO Elon Musk has reclaimed the top spot on the list of the world’s wealthiest people, after shares of Arnault’s firm fell more than 2% in the most recent trade.
The recent surge in Tesla stock prices has also contributed to Musk’s wealth increase. Data show that they have risen by about 89% so far in 2023.
Musk and Arnault have been neck and neck on Forbes’ list of the world’s wealthiest people. Bernard Arnault reportedly overtook Tesla CEO Elon Musk in December 2022 after being in second place for more than two months. Musk reclaimed his position in late February.