Atlanta, USA (CNN) – Businessman Elon Musk regained his position as the richest man in the world, according to “Bloomberg”, on Monday, a year after he was removed from this position.
The Tesla CEO was ousted from the top spot by Bernard Arnault, CEO of French luxury brand LVMH, in December last year, keeping Musk in second place on the list for more than two months. However, as of Monday Bloomberg reported that a surge in Tesla stock has lifted Musk to the top of the Real-Time Billionaires Index.
Musk’s net worth was about $187.1 billion as of Monday after markets closed, according to Bloomberg, surpassing Arnault’s $185.3 billion.
And while Tesla stock fell sharply last year amid Musk’s problematic acquisition of Twitter and the broader market decline in the technology, shares of the electric car maker have since surged in 2023.
Musk may come first on the list of the richest people in the world, but he also holds the record for the most fortune lost by anyone in history.
Late last year, Musk became the first person to lose $200 billion in wealth – after his net worth fell from about $340 billion in November 2021 to $137 billion in December 2022.
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