Elon Musk, founder of Tesla and owner of Twitter, has once again claimed the title of the richest person in the world. Tesla Inc.’s chief executive officer overtook luxury tycoon Bernard Arnault on Wednesday. Shares in Arnault’s company LVMH fell 2.6 percent in Paris trading, reducing his wealth. Musk and the 74-year-old Frenchman topped this year’s Bloomberg Billionaires Index, a list of the world’s 500 richest people. Arnault first surpassed Musk in December when the tech industry was going through tough times.
The world’s richest man, Bernard Arnault, is consolidating his lead over second-placed Elon Musk. Bernard Arnault, the owner of luxury tycoon LVMH, is selling more expensive items, while Elon Musk, the founder of Tesla Inc., has slashed the prices of electric vehicles.
According to Bloomberg, growing signs of slowing economic growth are beginning to erode confidence in the growth of the luxury sector, particularly in China’s fragile market. LVMH shares have fallen nearly 10 percent since April, at one point wiping $11 billion off Arnault’s net worth in a single day. Musk, meanwhile, has raked in more than $55.3 billion this year, largely due to Tesla. Tesla’s share in Elon Musk’s wealth is 71%. According to the Bloomberg Billionaires Index, Musk is now worth about $192.3 billion, while Arnault’s fortune is about $186.6 billion.
The richest person in the world currently is Amazon founder and CEO, Jeff Bezos with a net worth of over $113 billion, The richest woman in the world is L’Oréal heiress Françoise Bettencourt Meyers with a net worth of over $55.7 billion
Arnault’s net worth, 74, rose as investors cheered quarterly sales posted by the maker of Louis Vuitton handbags, Moet & Chandon champagne and Christian Dior gowns, according to Bloomberg. LVMH shares rose 5.7 percent to a record high in Paris trading, putting it among the world’s top 10 companies with a market capitalization of 444 billion euros ($491 billion).
List of richest people in the world
Elon Musk, the owner of Tesla, is the second richest person in the world after Bill Gates, the founder of Microsoft, but Jeff Bezos, the founder of Amazon, is still the richest man. They had to work hard for the cash they have earned. One has to salute these people for the incredible work they have performed in their respective fields. One can also seem at them with an experience of envy. News of Tesla’s acquisition of shares in the S&P 500 in the United States sent shockwaves through buyers of shares of the world’s most valuable carmaker, bringing the total value of Elon Musk’s assets to more than 2 7.2 billion. 128 128 billion. This list can structure the who’s who of the entrepreneurial world. One seems to be at their success and take some inspiration. This is a fluctuating listing where the fortunes can fluctuate back and forth frequently. You can take the instance of Jeff Bezos. He was once at the No 4 spot just a few months back. However, a recent surge in his stock made him leapfrog to the No.l function in the wealthiest billionaire.
Shares of Tesla have risen and profits have risen after 15 consecutive months of losses, and surprisingly, Tesla’s cars are selling well despite the Corona epidemic. Bill Gates is the third richest man in the world after Elon Musk became the second richest man. However, the co-founder of Microsoft was the richest man in the world for many years. Bill Gates has a market value of 7 127.7 billion, but his overall fortune has plummeted over the decades as he spends a fortune on charity.
Elon Musk’s presence at the top of the list is even more astonishing, as exactly one year ago today, his fortune was “only” 29 29 billion, rising despite the global corona epidemic in 2020, and 159 With an increase of ارب 1 billion, it has now reached 188 188 billion.
Jeff Bezos, the owner of companies such as Amazon and the Washington Post, is second with the only Doller 4 billion. His current wealth is 4 184 billion. Bill Gates is the third richest man in the world. His total wealth is close to 130 130 billion.
Rank | Name | Country | Net worth (USD) | Age | The main source of wealth |
1 | Bernard Arnault | USA | $129.0 billion | 64 | LVMH |
2 | Elon Musk1 | USA | $128.0 billion | 55 | space x tesla |
3 | Jeff Bezos | USA | $127.7 billion | 70 | Amazon |
4 | Bill Gates | FRA | $106.6 billion | 70 | Microsoft |
5 | Warren Buffett | USA | $86.9 billion | 89 | Oracle of Omaha |
6 | Steve Ballmer | $74.9 billion | 35 | Business man | |
7 | Larry Ellison | USA | $69.2 billion | 75 | Oracle |
8. | Larry Page | ESP | $69.1 billion | 50 | Alphabet Inc |
9 | Francoise Bettencourt Meyers | USA | $61.2 billion | 46 | America Movil |
10 | Sergey Brin | MEX | $60.4 billion | 49 | |
Mark Zuckerberg has been able to earn the most wealth in the world so far during 2023. A Bloomberg report stated that Mark Zuckerberg committed to the development of the Metaverse in 2022 suffered a lot of financial losses. In fact, at one point His wealth also fell by more than $100 billion and he dropped out of the top 10 richest people in the world. These steps have proven to be good for the company so far and Mark Zuckerberg’s wealth has increased by $44 billion this year. Mark Zuckerberg is currently the 12th richest person in the world with $89.9 billion. Mark Zuckerberg owns 12.8 percent of Meta’s shares