Musk is back on top.
According to an article from The Daily Wire, Twitter-Tesla-SpaceX owner Elon Musk is once again the world’s richest man after briefly being overtaken by French businessman Bernard Arnault.
From The Daily Wire:
The entrepreneur regained the distinction from French businessman Bernard Arnault, the chief executive of the company which owns the Louis Vuitton and Hennessy luxury brands, according to the latest data from the Bloomberg Billionaires Index. Musk now has an estimated fortune of $187 billion, an increase of more than $50 billion from the beginning of the year.
The rapid increase in Musk’s net worth was attributable to the soaring stock value of Tesla, in which Musk was an early investor and over which he is the current chief executive, from $108.10 on the first trading day of the year to $210.04 as of Tuesday morning, constituting a 94% increase in less than two months.
Arnault is meanwhile worth $185 billion; he is followed by Amazon founder Jeff Bezos, who is worth $117 billion, and Microsoft co-founder Bill Gates, who is worth $114 billion.
More over at The Daily Wire:
— Daily Wire News (@DailyWireNews) February 28, 2023