Key Points
Billionaire Elon Musk on Wednesday became the worlds richest person again, just a few months after he lost the position to luxury goods tycoon Bernard Arnault...
The 51-year-old Tesla and SpaceX CEOs wealth stood at $192 billion on the Bloomberg Billionaires Index, $5 billion more than LVMH chief Arnaults net worth...
Musk came back on top of the billionaires' list after LVMH shares fell sharply on Wednesday, reported Bloomberg...
His net worth at one point in 2021 reached around $340 billion but dropped below $200 billion last year as investors dumped Teslas shares amid apprehensions of the Twitter acquisition...
However, this year has been good for Musk as his net worth increased by $55 billion due to an 88 per cent surge in Teslas share value since January 2023...
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Elon Musk’s wealth slumps $20 billion as Tesla shares tumble
21, Jul, 23The drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index, and further narrows the wealth gap between Musk and Bernard Arnault, the worlds two richest people. Musks fortune still exceeds that of Arnault, chairman of luxury goods maker LVMH, by about $33 billion.
Elon Musk is no longer the world's richest person, dethroned by…
05, Mar, 24Tesla CEO Elon Musk is not the world's richest person anymore, losing the top spot to Amazon founder and former CEO Jeff Bezos.
Tesla's Elon Musk position as richest person on planet dethroned by Bernard Arnault. Here are details
28, Jan, 24Bernard Arnault surpasses Elon Musk as the richest person in the world, with a net worth of $207.6 billion. Arnault's rise to the top came as tech stocks struggled due to high inflation. The French billionaire's surge in net worth, driven by positive LVHM results, led him to overtake Musk. Arnault, Chairman and CEO of LVHM, saw a $23.6 billion increase, while Musk's net worth dipped by $18 billion after a 13% drop in Tesla's stock. Luxury goods group LVMH, which owns brands like Louis Vuitton and Dior, posted a 10% rise in Q4 sales, contributing to Arnault's success.
Not Elon Musk, world's richest man now is…
29, Jan, 24The fight for the number one spot between Bernard Arnault and Elon Musk has been going on for over two years.
Elon Musk's net worth tanks by a whopping $40 billion in 2024
09, Mar, 24Elon Musk is currently in the third spot in the world's richest list, behind Louis Vuitton boss Bernard Arnault and Amazon's Jeff Bezos.
Elon Musk becomes world's richest again on Tesla shares surge
28, Feb, 23Elon Musk's wealth has surged on the back of rally in the electric carmaker Tesla’s stock
Elon Musk loses the title of world’s richest person again, and it is not because of Twitter
03, Mar, 23Elon Musk who retook his place of world’s richest person two days ago has again dropped to number two spot after losing around USD 2 billion in a day.
Elon Musk adds nearly $100 billion to net worth in 2023; Gautam Adani sees biggest drop
04, Jul, 23Elon Musk witnessed a staggering increase of $96.6 billion in his net worth from January to June 2023. On the other hand, Gautam Adani's wealth dropped by over $60 billion.
‘An unfathomable sum’: US court slams Elon Musk's $56-billion compensation; Tesla CEO reacts
31, Jan, 24The Delaware Court of Chancery's Judge Kathaleen McCormick has termed CEO Elon Musk's $56-billion compensation from Tesla as ‘an unfathomable sum’.