Elon Musk becomes the world's richest again due to the rise in Tesla shares

 

Elon Musk's wealth rises on the back of rally in electric carmaker Tesla's stock

Tesla Inc's share price surged more than 90% so far this year as Elon Musk reclaimed his spot as the world's richest person, surpassing France's Bernard Arnault, according to the Bloomberg Billionaires Index. (YTD) happened.

According to the index, Tesla chief executive Elon Musk has a net worth of $187 billion as of February 28, 2023, up almost $50 billion or 36% so far in 2023 – more than the $185 billion personal fortune of Bernard Arnault, the French tycoon behind is luxury-goods powerhouse LVMH.

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