According to Bloomberg’s “Bloomberg Billionaires Index” data, the total net worth of the world’s 500 richest people will surge by US$1.5 trillion in 2023 .
According to reports, Musk has successfully surpassed French luxury goods tycoon Bernard Arnault (head of LV parent company LVMH) and regained the title of the world’s richest man. After losing $138 billion in 2022, driven by the success of Tesla and SpaceX, he made a net profit of $95.4 billion as of the close of U.S. stocks on Thursday local time .
Musk’s net worth now exceeds that of Arnault by more than $50 billion as global demand for luxury goods slows, causing LV Group’s share price to suffer .
At the same time, Amazon founder Jeff Bezos ranked third, Microsoft founder Bill Gates ranked fourth, and former Microsoft CEO Ballmer ranked fifth. However, “Stock God” Buffett failed to enter the top five this time.
According to previous reported, data from Forbes magazine’s list of the top 10 billionaires with the largest increase in weal in 2023. With a current net worth of US$254.9 billion, he has become the most profitable man in the world.
This substantial growth was mainly due to the recovery of Tesla’s stock price and the surge in SpaceX’s valuation. Among them, Tesla’s stock price has risen by more than 100% this year, with its latest market value of US$802.8 billion . The rocket company SpaceX has successfully conducted more than 90 launches this year, and its valuation soared to US$150 billion in July this year .
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