“Elon Musk surpasses LVMH CEO Bernard Arnault to become world’s richest person”

2023-06-01 04:19:00

The boss of Tesla took over the top of the ranking of world fortunes on Thursday, ahead of the CEO of LVMH, according to data compiled by Bloomberg.

The crossover continues. Elon Musk becomes once more this Thursday, June 1st the first fortune in the world, in front of Bernard Arnault and Jeff Bezos, according to data from the Bloomberg Billionaires Index. The American billionaire, owner of Twitter for several months, is now rewarded with a heritage of 192 billion dollars.

Elon Musk recovers this title of the richest man in the world to Bernard Arnaud, who collects a loss of more than five billion dollars. The French move to second place (187 billion), ahead of Jeff Bezos and his 144 billion.

He takes first place

At the start of the year, Bernard Arnault had “benefited” from Elon Musk’s failed performance to climb to the top of this ranking in March 2023. This time, it is the American who benefits from the poor performance of LVMH, whose the stock’s value fell 6% in one month, while Tesla’s rose 26%.

The company will open its network of superchargers in the United States and Canada to Ford electric vehicles from 2024, doubling the number of stations accessible to Ford customers.

Also, at the end of May, Tesla’s Model Y became the best-selling car in the world. A turning point in automotive history: for the first time, the best-selling model in the world is an electric car.

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