Elon Musk, CEO of Tesla and SpaceX, has regained the title of “the richest person in the world”, surpassing Bernard Arnault, President of luxury goods group LVMH.
According to Forbes magazine’s list of the world’s richest people, Musk’s net worth increased by 1.75 percent as of noon local time to $240.7 billion. The increase in the valuation was due to the increase in Tesla shares by more than 2.5 percent.
The wealth of Arnault, chairman of luxury goods giant LVMH, which owns Louis Vuitton, Christian Dior and Tiffany, fell more than 1 percent to $234.9 billion.
Thus, Musk surpassed Arnault and took the first place in the list of the richest people in the world.
Jeff Bezos, the founder of Amazon and the richest person in the world for a while, took the third place with a fortune of $ 151.9 billion.
Bezos was followed by Oracle founder and former CEO Larry Ellison with $148.1 billion, Microsoft founder Bill Gates with $120.6 billion and Berkshire Hathaway CEO Warren Buffet with $117.3 billion.
Musk, who bought Twitter for $44 billion last year, changed the company’s logo from “blue bird” to the letter “X” yesterday and directed the X.com domain name to the site.