Elon Musk Falls Again As World's Richest Person.
By Our Reporter
Tesla and SpaceX CEO, Elon Musk fell again on Thursday as world's richest person; as he lost the global rank to his biggest rival, Bernard Arnault.
Musk who had been in the third position of world top billionaires as of April, 2024, according to Forbes rankings, rose to the world richest on May 31, as his net worth rose to $195Billion in 2 April to $210.7B as of May 31.
He consequently overtook Jeff Bezos who was until then second richest and Bernard Arnault who was until May 31, the richest in the world.
As things turned out at the stock market, Musk slumped within a week when his net worth dropped from the $210.7B as of May 31, to $208.6B as at Thursday June 6, 2024.
Arnault on the other hand gained $8B at the stock market, thereby increasing his net worth to $210.3B, and consequently overtook Musk.
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