Tesla CEO Elon Musk returns as 'world’s richest man'

Tesla and SpaceX CEO Elon Musk has returned as the world’s richest man, recapturing the title from French luxury tycoon Bernard Arnault.

Musk earned an additional $95.4 billion through Thursday’s close, boosted by the success of Tesla



and SpaceX, after losing $138 billion in 2022, according to the Bloomberg Billionaires Index. His net worth now exceeds Arnault’s by more than $50 billion after LVMH Moet Hennessy Louis Vuitton SE shares fell due to a global slowdown in demand for luxury products.