Elon Musk has again become world's richest person after shares of Bernard Arnault LVMH fell 2.6% in Paris trading. Musk and Arnault have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index. Shares of LVMH tumbled about 10% since April, at one point wiping $11 billion from Arnault’s net worth in a single day. However, Elon Musk has gained more than $55.3 billion this year, largely because of Tesla Inc. According to the Bloomberg Billionaire Index, Elon Musk's fortune is now valued at about $192.3 billion while Arnault’s is about $186.6 billion.

Source: Mint June 01, 2023 09:24 UTC