Elon Musk has become the richest man in the world because of the high stock price of his Tesla, and the recent fluctuations in Tesla’s stock price have also caused his status to change. Tesla’s stock price has fluctuated once more recently, making Elon Musk’s status as the richest man regained.
Elon Musk, who holds a large stake, regained his position as the world’s richest man following a long-lost position as Tesla’s stock price rose last Wednesday, but following the previous Tesla Investor Day event, investors were disappointed by its content, causing its stock price to rise. With a drop of more than 5%, Elon Musk’s net worth has shrunk, and he has once once more become the second richest man in the world.
It is Bernard Arnault, the founder of LVMH, who can’t compete with Elon Musk’s net worth. LVMH is currently the largest company in Europe. It owns luxury brands such as Louis Vuitton, Christian Dior, Moët & Chandon, etc. Bernard Arnault itself holds regarding half of the shares of LVMH. Currently, according to Bloomberg estimates, the net worth is regarding 186 billion U.S. dollars, Forbes estimates it is 205 billion U.S. dollars, and Elon Musk is regarding 184 billion to 194 billion U.S. dollars.
source:Fortune
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