Elon Musk has reclaimed the top spot as the World’s Richest Person. The data was released by the Bloomberg Billionaires Index which gives the daily ranking of the world’s richest people. The figures are updated at the close of every trading day in New York. The details about the calculations are provided in the net worth analysis on each billionaire’s profile page.
It is known that Elon Musk lost his top spot in December 2022 and he was in second place for over two months. CEO of the French luxury brand Louis Vuitton, Bernard Arnault took over Elon Musk and became the world’s richest person.
According to the Bloomberg Billionaires Index, Elon Musk’s net worth was about USD 187.1 billion, with Arnault’s USD 185.3 billion. Elon Musk’s rise in wealth can be attributed to the rise in Tesla stock prices as they gained almost 25 percent in the last month.
