Elon Musk reclaim title as World’s Richest Person

Elon Musk, Twitter CEO, has reclaimed the title as the World’s richest person.

Elon Musk
Elon Musk. Photo: Getty Images

The Twitter Boss beat Bernard Arnault, boss of Luxury Goods giant LVMH to reclaim the position.

According to BBC:

His net worth has soared by $55.3bn (£44.44bn) since January to $192bn, after a rise in the value of his electric car company Tesla.

Mr Arnault’s fortune has fallen by $24.5bn to $187bn, per Bloomberg’s Billionaires Index.

He is followed by Jeff Bezos and Bill Gates in third and fourth positions.

74-year old Arnault overtook 51-year old Musk on the rich list in December when shares in LVMH rose following the rebound in demand for luxury goods.

Tesla shares, at the same time, dropped sharply amid frets that his Twitter takeover was affecting his leadership.

Tesla is the company from which Elon Musk gathers most of his wealth.

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