According to Bloomberg, Musk, the CEO of companies such as Tesla and Twitter, now has a net worth of $187.1 billion. He surpassed LVMH CEO Bernard Arnault, who has a net worth of $182 billion, according to the Bloomberg Billionaires Index. Arnault deposed Musk last December as Tesla shares fell. According to historical data from Yahoo Finance, the Tesla stock price reached an all-time high of $108.10 on January 3, 2023. On Monday, the stock of the automaker closed at $207.63.
Musk has had a better 2023 so far, despite the tumult of last year, when he purchased Twitter after some uncertainty about whether he'd follow through on the deal, and a lawsuit at the time by Tesla shareholders.This month, Musk also tweeted that Twitter was "trending to break even" and that he needed to "save" the platform from bankruptcy. Musk is still facing legal claims from laid-off Twitter employees, as well as lawsuits from landlords alleging that the company's offices are behind on rent.
Musk previously defeated Amazon founder Jeff Bezos to become the world's richest person in 2021. The trio of Musk, Arnault, and Bezos have alternated at the top of the Bloomberg Billionaires Index.
