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Business

Elon Musk is the world’s richest man again

Imka Jabulani 7 months ago
Updated 2023/03/01 at 6:55 AM
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Elon Musk has regained his title as the world’s richest person. This has been reported by Bloomberg. 

In December 2022 he was dethroned by Louis Vuitton CEO Bernard Arnault, but the rise of Tesla shares has brought him back to the top of the rankings.

Musk‘s net worth has risen to 187 billion dollars, which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars.

As of September 2021, Musk is the world’s richest person, taking that position from Amazon founder Jeff Bezos. 

In 2023, Musk was recognized by Guinness World Records for breaking the world record for the most money lost in history, but it was a short-lived loss that he has managed to recover in a short space of time.

The company lost a record 700 billion dollars in 2022 due to investor concerns over the effects of covid-19 in China and Musk‘s controversial acquisition of Twitter.

In fact, it’s been a great year for billionaires. Jeff Bezos, the world’s third richest man, raised more than 53 million dollars at the start of 2023, the same result for Warren Buffett, former Microsoft chief Steve Ballmer, Google co-founder Larry Page and Mexican billionaire Carlos Slim.

Ten richest people in the world

  1. Elon Musk – 187 billion
  2. Bernard Arnault – 185 billion
  3. Jeff Bezos – 117 billion
  4. Bill Gates – 114 billion
  5. Warren Buffett – 106 billion
  6. Larry Ellison – 102 billion
  7. Steve Ballmer – 89.4 billion
  8. Larry Page – 84.7 billion
  9. Carlos Slim – 83.2 billion
  10. Mukesh Ambani – 81.1 billion

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Imka Jabulani March 1, 2023
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