Elon Musk is once again the richest in the world, according to Bloomberg

Elon Musk has reclaimed the throne of the world's richest person, according to the Bloomberg Billionaires Index.

Thomas Osborne
Thomas Osborne
28 February 2023 Tuesday 02:35
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Elon Musk is once again the richest in the world, according to Bloomberg

Elon Musk has reclaimed the throne of the world's richest person, according to the Bloomberg Billionaires Index. The manager of Tesla, Twitter or SpaceX benefits from an increase of almost 100% in the shares of the electric car company since the beginning of January. Thus, his wealth reaches 187,000 million dollars, about 177,200 million euros, 2,000 million more than Bernard Arnault, at the head of the LVMH luxury empire and up to now in the lead.

Musk has given the surprise with the rise of 5.5% that led the Tesla titles this Monday. After the adjustments in the markets due to the rate policy of the central banks, investors have once again bet on growth stocks and higher risk, amid signs of economic strength and a slower pace of rate increases.

Musk, 51, began 2023 with a net worth of 137,000 million dollars, 130,000 million euros, becoming the first person to lose 200,000 million of his fortune from highs, especially due to the fall in Tesla shares due to his adventure at the head of Twitter. It has finally taken him two months to get back on top.

Investors had initially chastised that it was paying too much attention to Twitter, which it acquired in October at the same time its electric carmaker faced increased competition in the sector. Musk said in December that he plans to step down from his position on the social media platform once he finds someone "dumb" enough to take the job. This month he said he may need until the end of the year to stabilize Twitter's finances before handing over the reins to a new CEO.

The richest podium is completed by Jeff Bezos, founder of Amazon, with 117,000 million dollars (111,000 million euros). Bill Gates ($114 billion), Warren Buffett ($106 billion), Larry Ellison ($102 billion), Steve Ballmer ($89.4 billion), Larry Page (84.7 billion), Carlos Slim (83.2 billion) and Mukesh Ambani (81.1 billion) they follow him in the top ten.