Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

WarGamer

(12,436 posts)
Mon Feb 27, 2023, 07:00 PM Feb 2023

Elon Musk is once again the richest person in the world

https://www.businessinsider.com/elon-musk-net-worth-passes-bernard-arnault-richest-person-bloomberg-2023-2

Musk, the chief of companies including Tesla and Twitter, now has a net worth of $187.1 billion, according to Bloomberg. He bested LVMH CEO Bernard Arnault, overtaking the head of the luxury brand conglomerate whose own net worth is $182 billion, according to the Bloomberg Billionaires Index.

Arnault had unseated Musk last year as Tesla shares fell in December. The Tesla stock price hit a low of $108.10 on Jan. 3, 2023, according to historical data on Yahoo Finance. The carmaker's stock closed at $207.63 on Monday.

After the tumult of last year, in which Musk purchased Twitter after some uncertainty about whether he'd follow through on the deal, and a lawsuit at the time by Tesla shareholders, Musk has had a better 2023 so far.
Latest Discussions»General Discussion»Elon Musk is once again t...