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Elon Musk Reclaims Title of World's Richest Person Again

1 min read
Source: Investopedia
Elon Musk Reclaims Title of World's Richest Person Again
Photo: Investopedia
TL;DR Summary

Elon Musk has regained his position as the world's richest person, with a net worth of $192 billion, surpassing Bernard Arnault, CEO of LVMH, whose net worth dropped to $187 billion. Musk's wealth is closely related to his stake in Tesla, which has risen by 64% year-to-date, while LVMH is up 18%. The Chinese luxury goods market has slowed down since lifting pandemic restrictions in January, affecting the stock prices of European luxury brands.

Topics:business#bernard-arnault#business#elon-musk#lvmh#tesla#wealth
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