Elon Musk, the founder of Tesla and SpaceX, once again ranked first in the list of the richest people in the world according to Bloomberg. According to RBC, according to the Bloomberg Billionaires Index, the businessman’s fortune is $192 billion.
The owner of the LVMH group, Bernard Arnault, with a fortune of $ 187 billion, fell to second place. At the same time, in the Forbes ranking, Arno remains the richest person on the planet with a fortune of $ 215 billion. Musk has the second place and $ 200 billion.
Arno passed Musk in the Bloomberg rankings in December 2022, amid difficulties in the technology industry. It has now lost its top spot after LVMH shares fell 2.6% on Paris-based Euronext.
Shares in LVMH have fallen about 10% since April, according to the agency. One of the most significant falls was recorded on May 24 amid market fears that a weakening US economy will reduce demand for their products (LVMH owns luxury brands such as Louis Vuitton, Moet & Chandon, Christian Dior, Fendi, Givenchy and others). Then Arno lost $ 11.2 billion in a day.
Musk has made more than $55.3 billion this year, mostly thanks to Tesla, whose shares are up 66% year-to-date.
Source: Rosbalt
Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.
