City
Epaper

Elon Musk reclaims position as world's richest person

By ANI | Published: June 01, 2023 11:50 AM

New Delhi [India], June 1 : Elon Musk has yet again claimed his position as the world's richest person ...

Open in App

New Delhi [India], June 1 : Elon Musk has yet again claimed his position as the world's richest person after beating the CEO of the French luxury brand Louis Vuitton Bernard Arnault, according to Bloomberg Billionaires Index.

According to the Bloomberg Billionaires Index, as of Thursday, Musk's net worth was about USD 192 billion, with Arnault's USD 187 billion.

Index data showed behind Musk and Arnault are Jeff Bezos and Bill Gates at USD 144 billion and USD 125 billion, respectively.

The index is a daily ranking of the world's wealthiest people. Details about the calculations are provided in the net worth analysis on each billionaire's profile page. The figures are updated at the close of every trading day in New York.

Tesla chief Musk is back on top of the list of wealthiest persons after shares of Arnault's firm fell over 2 per cent in the latest trade.

The rise in Musk's wealth can also be partly attributed to the latest surge in Tesla stock prices. They rose about 89 per cent so far in 2023, data showed.

Musk and Arnault have been neck-and-neck on the list of the richest people.

In December 2022, Bernard Arnault reportedly overtook the Tesla head when he was in the second spot for more than two months. Musk reclaimed again in late February.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Bloomberg Billionaires IndexElon muskLouis vuitton bernard arnaultindiaDisney IndiaNew DelhiAll India Majlis E Ittehadul MuslimeenCommunist Party Of India MarxistIndia TodayAir Asia IndiaAsia IndiaFifa U 17 World Cup IndiaAll India Football Federation
Open in App

Related Stories

NationalI.N.D.I.A Bloc Calls Meeting on June 1, Days Before Lok Sabha Election Results

NationalNew Delhi: Three Killed As Fire Breaks Out in Four-Storey House in Krishna Nagar

NationalSeven Newborns Die in Delhi Hospital Fire in a Baby Care Centre in Delhi’s Shahdara

NationalLok Sabha Elections 2024: CJI DY Chandrachud Casts Vote in New Delhi, Says "Today I Fulfilled My Duty as a Citizen" (Watch Video)

NationalWorld Inequality Lab Proposes Wealth and Inheritance Taxes for India's Ultra-Rich

Business Realted Stories

BusinessMrs. India: The Goddess Pageant – Celebrating Inclusivity Nationwide in Season 2

BusinessThermo Fisher Scientific launches 'Make in India' Air Quality Monitoring Systems to support India's clean air initiatives

BusinessWater tech major Wabag secures Rs 85 crore order for Oman desalination plant

BusinessTanishq unveils its grand new store in Nikol, Ahmedabad

BusinessSpiceJet denies KAL Airways' Rs 1,323 cr claim, labels it 'legally baseless'