Elon Musk once again becomes the richest man in the world, ahead of Bernard Arnault

The Tesla boss took over the top of the world wealth list from the CEO of LVMH on Thursday, according to data compiled by Bloomberg.

The crossover continues. Elon Musk will once again become the world’s first wealth this Thursday, June 1, ahead of Bernard Arnault and Jeff Bezos, according to data from Bloomberg Billionaires Index. The American billionaire, the owner of Twitter for several months, is now rewarded with an inheritance of 192 billion dollars.

Elon Musk reclaims this title of the richest man in the world from Bernard Arnaud, who collects a loss of more than five billion dollars. The French move into second place (187 billion), ahead of Jeff Bezos and his 144 billion.

Takes first place

Bernard Arnault “benefited” from Elon Musk’s failed performance at the beginning of the year and climbed to the top of this ranking in March 2023. This time it is the American who benefits from the weak performance of LVMH, whose share value fell by 6% in one month, while the shares Teslas rose 26%.

The company will open its supercharger network in the United States and Canada to Ford electric vehicles starting in 2024, doubling the number of stations available to Ford customers.

At the end of May, Tesla’s Model Y also became the best-selling car in the world. A breakthrough in automotive history: for the first time, the best-selling model in the world is an electric car.

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Elliot Frost

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