Wealth Increased by Nearly $2 Billion: Musk Once Again the Richest
In the Bloomberg billionaire rankings, Elon Musk, the founder of Tesla and SpaceX, has once again taken the top spot. According to Armenpress, the businessman's fortune stands at $192 billion. Meanwhile, Bernard Arnault, owner of Louis Vuitton Moët Hennessy (LVMH), with a fortune of $187 billion, has dropped to the second position.
Bloomberg's billionaire rankings indicate that Elon Musk's wealth has increased by nearly $2 billion, while Bernard Arnault's wealth has decreased by $5 billion. The agency notes that Musk's wealth growth is attributed to a 66% increase in Tesla's stock price this year, while a slowdown in economic growth has impacted the consumption of luxury goods offered by LVMH.
In the billionaire rankings, Amazon owner Jeff Bezos holds the third position, with Microsoft co-founder, businessman, and philanthropist Bill Gates in fourth place. Notably, Bernard Arnault continues to rank first in Forbes' list of the richest individuals.