Economy
World / Countries / MNCs Twitter and Tesla chief Elon Musk is once again world's richest person
Just Earth News | @justearthnews | 02 Jun 2023, 07:39 am Print

Representational image courtesy Wallpaper Cave
Twitter and Tesla chief Elon Musk has once again reclaimed his position as the world's richest person.
He replaced LVMH boss Bernard Arnault.
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, reports BBC.
Arnault's fortune has fallen by $24.5bn to $187bn, per Bloomberg's Billionaires Index, reports the British media.
In the third and fourth positions stand Jeff Bezos and Bill Gates.
Arnault, 74, had overtaken Musk, 51, on the the rich list in December when shares in LVMH jumped as demand for luxury goods rebounded, reports BBC.
More Economy
- ChatGPT: Walmart partners with OpenAI to provide a direct shopping experience from AI platform
- AI-driven restructuring: Accenture lays off 11,000 employees
- Lufthansa is planning to remove 4,000 jobs by 2030
- Amazon to pay $2.5 bln in U.S. FTC settlement over Prime sign-up practices
- IT major Google removes over 200 AI contractors: Reports