Elon Musk Returns to First Place in BBI World's Richest People List

09:48, 1 June 2023

MOSCOW (Sputnik) - US billionaire and entrepreneur Elon Musk on Thursday took back the top spot in the Bloomberg Billionaires (BBI) Index after US electric car maker Tesla's stakes jumped by 1.38% a day earlier, pushing LVMH CEO Bernard Arnault into second place.

Sputnik

Now Musk's fortune stands at $192 billion, a 55.3-billion-dollar increase since the beginning of 2023, while Arnault’s fortune is estimated at $187 billion, showing a rise of $24.5 billion since early January, according to the world’s billionaire index.

Amazon founder Jeff Bezos ranked third with a fortune of $144 billion and Microsoft co-founder Bill Gates took the fourth place ($125 billion), according to BBI.

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On April 21, Musk lost $12.6 billion, accounting for 7% of his fortune, after the failure of the Starship spacecraft during its launch attempt and the publication of Tesla's Q1 financial report, and ranked second in the world's billionaire rating with a fortune of $164 billion.