The CEO of Tesla, founder of SpaceX and owner of Twitter, Elon Musk, on Monday reclaimed the title of world’s richest person, dethroning the president and executive director of luxury LVMH, Frenchman Bernard Arnault, according to Forbes.

The 52-year-old billionaire got regaining its position after a rally in the value of Tesla stockaccording to Forbes real-time billionaires list.

Twitter already pays users who receive ads in replies to their tweets

Musk’s Net Worth Earned $4.1 Billion Today, increasing his net worth by more than 1.75%, to $240,700 million.

At 1 p.m., shares of the electric vehicle company were up nearly 2.5%, recovering from a decline last week following Tesla’s corporate results.

Today, Musk is making headlines for changing Twitter’s blue bird logo -social network he bought for $44,000 million last year- by an “X”, and while this fact hasn’t affected his fortunes, it has helped him stay in the news spotlight.

For its part, the assets of Arnault, the 74-year-old owner of Louis Vuitton, Christian Dior and Tiffany – and who avoids flashes as much as Musk seeks them – fell 1% – equivalent to $ 4,400 million – to $ 234,900 million, due to the fall in value of LVMH shares.

Arnault dethroned Musk from this list last December and since then, Musk has taken over the title from time to time, but always for a short period of time.

Last month, the two met for lunch at a luxury hotel in Paris.

The third place in this list of the richest people in the world is taken by Amazon founder Jeff Bezos with a fortune of $151.9 billion.