Live
- Three persons admitted to hospital for diarrhea treatment
- First Star Outside Milky Way Captured: WOH G64 is 2,000 Times Larger Than the Sun
- Sikkim govt to constitute state Niti Ayog: CM Tamang
- CBI books Rajasthan narcotics inspector for Rs 3 lakh bribe
- Rajasthan bypolls: A tough contest between BJP and Congress
- Albania joins SEPA, paving way for EU integration
- Japanese government approves 250-billion USD economic package to ease price pain
- Six pharma companies to set up their units in Telangana
- The Unstable Events of a 17-Wicket Day in Perth: India vs Australia
- Dutch FM's Israel trip cancelled after Netanyahu's arrest warrant
Musk returns as world's richest man; net worth of richest persons up $1.5 trillion
Elon Musk
Tesla and SpaceX CEO Elon Musk has returned as the world's richest man, recapturing the title from French luxury tycoon Bernard Arnault.
New Delhi: Tesla and SpaceX CEO Elon Musk has returned as the world's richest man, recapturing the title from French luxury tycoon Bernard Arnault.
Musk earned an additional $95.4 billion through Thursday's close, boosted by the success of Tesla and SpaceX, after losing $138 billion in 2022, according to the Bloomberg Billionaires Index.
His net worth now exceeds Arnault's by more than $50 billion after LVMH Moet Hennessy Louis Vuitton SE shares fell due to a global slowdown in demand for luxury products.
Amazon founder Jeff Bezos added more than $70 billion to his wallet this year and is now neck-and-neck with Arnault for second place, while Meta Founder and CEO Mark Zuckerberg's fortune increased by more than $80 billion.
According to the Index, the collective net worth of the 500 richest persons increased by $1.5 trillion in 2023, entirely recovering from the $1.4 trillion lost the previous year.
The wealth of tech billionaires increased by 48 per cent, or $658 billion, because of the enormous buzz around artificial intelligence.
