HomeWorldElon Musk regained the...

Elon Musk regained the title of the richest man in the world

Photo: THEO WARGO/WIREIMAGE

Musk’s fortunes have soared thanks to a nearly 70% increase in Tesla’s stock price this year. The company also benefited from growing demand for electric vehicles.

American businessman Elon Musk regained the title of the richest man in the world after briefly losing the title to French businessman Bernard Arnault. Bloomberg wrote this on Monday, February 27.

“After Tesla’s shares increased by 100%, the company’s owner rating also increased,” the publication explained.

Bloomberg recalled that at the end of last year, when the value of the automaker’s shares reached a minimum, the 51-year-old billionaire lost $ 200 billion of his fortune. This lowered his rating and he lost the title of the richest Frenchman to Bernard Arnault.

According to the Bloomberg Billionaires Index, Musk’s net worth has risen to $187.1 billion. This surpasses Arno’s personal fortune of $185.3 billion.

As a reminder, Twitter Inc. faced a growing list of claims for unpaid bills after Elon Musk took over the company. Landlords, consultants and suppliers have filed at least nine lawsuits.

Elon Musk donated about 11.6 million shares of his Tesla Inc.

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

In Dnieper, two posts as a result of Rashistov’s united attack (photo)

Russian invaders on the night of June 7 made another combined attack in Dnipropetrovsk. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Six missiles and 27 drones were shot down...

50 “Shakhhedov”, rocket and cabin attacked at night the hacks – trees (video)

Russian invaders today, June 7, made the strongest during a complete military attack on Harkiva. Dozens of explosions were heard. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The mayor...