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The Guardian - UK
The Guardian - UK
Technology
Rupert Neate Wealth correspondent

Elon Musk reclaims title of world’s richest person

Elon Musk Bernard Arnault Tesla Inc. LVMH Twitter Inc. Luxury Christian Dior
Elon Musk looks up from his seat in a car, with the door open
Elon Musk in a Tesla in Beijing. His wealth is closely tied to the fortunes of the car company, of which he owns 13%. Photograph: Tingshu Wang/Reuters

Elon Musk is once again the world’s richest person after leapfrogging French billionaire Bernard Arnault, after a slump in the value of Arnault’s LVMH luxury goods empire.

The 51-year-old maverick head of Tesla and owner of Twitter has seen his fortune recover to $192bn (£153bn) – up $55bn from the start of the year – while Arnault’s wealth has fallen by $5bn in the past 24 hours to $187bn according to Bloomberg’s daily updated billionaires’ index.

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