Elon Musk has once again become the world’s richest person, according to Bloomberg.
Recall that Musk currently holds the record for the largest fortune ever to be lost.
He regained the title he lost in December 2022 when he lost $200 billion in wealth, after his net worth dropped from $340 billion in November 2021 to $137 billion in December 2022. This is what makes his achievement so inspiring, though.
In December 2022, Bernard Arnault, CEO of the French luxury retailer LVMH (LVMHF), deposed the Tesla CEO from the top spot, moving Elon Musk to number two on the list for more than two months.
But as of Monday, Bloomberg claims that a surge in Tesla stock has propelled Musk back to the top of its real-time Billionaires Index, according to CNN.
Musk’s net worth was $187.1 billion as of Monday after markets closed, according to Bloomberg, just topping the $185.3 billion fortune of Arnault.
While Tesla (TSLA) stock declined steeply last year amid Musk’s problem-plagued acquisition of Twitter and a broader market downturn in tech, shares for the electric vehicle maker have since surged in 2023.