The world knows Elon Musk as the richest person on earth. Thanks to the super success of Tesla and his space project, his wealth surged massively. Even the Covid outbreak could not stop him from increasing his wealth. When the whole world was impacted, Elon Musk's Tesla saw super success.
But buying Twitter impacted his wealth and he lost the tag of the world's richest person. Elon Musk was replaced by Louis Vuitton CEO Bernard Arnault as the richest person. However, Arnault could not hold the position for more than two months.
The richest people list is updated and it is said that Elon Musk got his position back. As per the reports, Elon Musk's wealth increased massively and with that, he became the world's richest person yet again after a small gap.
If we have to take anything from the details mentioned in the Bloomberg report, Elon Musk's net worth rose to USD 187 billion, a couple of months back it was USD 137 billion. With a big spike in his wealth, he got the position of the world's richest person which he held for quite a long time earlier.
Tesla and Elon Musk are inseparable and the majority of his wealth comes from the electric car-making company. As the Tesla boss wanted to buy Twitter, he sold a big junk of shares and the remaining shares got impacted due to a ruckus in the way Elon Musk administered Twitter.
The shareholders were worried when the Twitter deal was going on. As the Twitter issue appears to be sorted out and Tesla sales are going up, the shares saw a big jump and Elon Musk's wealth increased.
Elon Musk held the position for around one and a half years. The Tesla boss surpassed Amazon founder Jeff Bezos to reach the post. However, he started seeing ups and downs in his position. A couple of months back, he lost the position to Louis Vuitton CEO Bernard Arnault. But it took just two months for Elon Musk to conquer the position. In the last couple of months, Elon Musk is said to have lost much of his wealth.
But buying Twitter impacted his wealth and he lost the tag of the world's richest person. Elon Musk was replaced by Louis Vuitton CEO Bernard Arnault as the richest person. However, Arnault could not hold the position for more than two months.
The richest people list is updated and it is said that Elon Musk got his position back. As per the reports, Elon Musk's wealth increased massively and with that, he became the world's richest person yet again after a small gap.
If we have to take anything from the details mentioned in the Bloomberg report, Elon Musk's net worth rose to USD 187 billion, a couple of months back it was USD 137 billion. With a big spike in his wealth, he got the position of the world's richest person which he held for quite a long time earlier.
Tesla and Elon Musk are inseparable and the majority of his wealth comes from the electric car-making company. As the Tesla boss wanted to buy Twitter, he sold a big junk of shares and the remaining shares got impacted due to a ruckus in the way Elon Musk administered Twitter.
The shareholders were worried when the Twitter deal was going on. As the Twitter issue appears to be sorted out and Tesla sales are going up, the shares saw a big jump and Elon Musk's wealth increased.
Elon Musk held the position for around one and a half years. The Tesla boss surpassed Amazon founder Jeff Bezos to reach the post. However, he started seeing ups and downs in his position. A couple of months back, he lost the position to Louis Vuitton CEO Bernard Arnault. But it took just two months for Elon Musk to conquer the position. In the last couple of months, Elon Musk is said to have lost much of his wealth.