Elon Musk reclaims title as world's richest person
Elon Musk has reclaimed his position as the world's richest person, according to the Bloomberg Billionaires Index, with a net worth of $236 billion.
This places him ahead of other world billionaires, including Bernard Arnault, with a net worth of $198 billion; Jeff Bezos, at $197 billion; Bill Gates, who has $160 billion; and Mark Zuckerberg, with $185 billion.
His 23 per cent stake heavily influences Musk’s fortune in Tesla, the electric car company where he serves as CEO. Tesla's market value dramatically increased in 2020 and 2021, helping Musk reach a peak net worth of $320 billion in November 2021. Today, a substantial portion of his wealth remains linked to Tesla’s success.
Beyond Tesla, Musk is also the CEO of SpaceX, which NASA contracts for resupply missions to the International Space Station.
He also made headlines in October 2022 with his $44 billion purchase of Twitter, now known as X.
The Bloomberg Billionaires Index tracks the wealth of the world's richest people.
