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Home News

Elon Musk Reclaims World Richest Man Title (See New List)

by Adebayo Paul
3 years ago
in News
Elon Musk Reclaims World Richest Man Title (See New List)

(COMBO) This combination of pictures created on December 7, 2022 shows (From L) a file photo taken on December 13, 2021 of Elon Musk as he attends TIME Person of the Year in New York City and a file photo taken on September 19, 2017 of CEO of LVMH Bernard Arnault as he poses during a photo session in Paris. - Frenchman Bernard Arnault, CEO of the luxury goods group LVMH, and his family topped the Forbes list of the world's richest people on December7, 2022, with $185.1 billion, unseating American Elon Musk, head of Tesla, SpaceX and Twitter. (Photo by Theo Wargo and JOEL SAGET / various sources / AFP)

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Elon Musk has again claimed the position of the richest man in the world.

He reclaimed his position as the world’s richest person after dethroning French multi-billionaire Bernard Arnault.

According to a Bloomberg Billionaires tally, Elon Musk net worth is now about $192 billion, compared to LVMH (LVMHF) CEO Bernard Arnault’s $187 billion.

The Twitter chief surpassed the French luxury brand tycoon on Wednesday after shares of Mr Arnault’s LVMH fell 2.6 per cent in Paris trading.

The two centibillionaires, a term used to refer to people with fortunes of more than $100 billion, have been neck-and-neck for the top spot for months.

Mr Arnault runs the world’s largest luxury brands conglomerate that includes companies such as Louis Vuitton, Tiffany, Celine and Tag Heuer.

Here is the current list:

Elon Musk: $192b
Bernard Arnault: $187b
Jeff Bezos: $144b
Bill Gates: $125b
Larry Ellison: $118b
Steve Ballmer: $114b
Warren Buffet: $112b
Larry Page: $111b
Sergey Brin: $106b
Mark Zuckerberg: $96.5b
Carlos Slim: $89.4b
Francoise Bettencourt Meyers: $85.5b
Mukesh Ambani: $84.7b
Amancio Ortega: $67.8b
Jim Walton: $67.2b
Rob Walton: $65.5b
Alice Walton: $64.4b
Zhong Shanshan: $61.5b
Gautam Adani: $61.3b
John Mars: $60.6b

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