Elon Musk Regains Title of World’s Wealthiest Person in Business News

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According to Bloomberg Billionaires Index, Elon Musk has again become the world’s richest person, surpassing Bernard Arnault, the CEO of French luxury brand Louis Vuitton. Musk’s net worth as of Thursday was around USD 192 billion, while Arnault’s was USD 187 billion. This index is a daily ranking of the wealthiest person globally, and its figures get updated every trading day in New York.
Musk’s wealth increase can be partly attributed to the latest surge in Tesla’s stock prices. Its value rose approximately 89% so far in 2023. Previously, Arnault overtook Musk in the world’s richest person list in December 2022, but Musk reclaimed the position in late February.
The index data also showed Jeff Bezos and Bill Gates’ net worth at USD 144 billion and USD 125 billion, respectively.

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