Elon Musk He has returned to the top of the peak to once again become the richest man on the entire planet Earth. But this was not due to shrewd administrative decisions by him on Twitter, no. He has once again saved him the stock pile he owns in Tesla Motors.
At the close of this second month of 2023, we can affirm in perspective that the man behind also SpaceX He had quite a turbulent year with many ups and downs in his personal finances that put him in more than one predicament.
In fact, the matter came to a head around December 2022, when the amount of accumulated losses and the plummeting value of Tesla’s shares made him stop being the person with the most tickets on Earth.
At the time, we analyzed the wide range of reasons that led Musk to drop from that list to be surpassed by Bernard Arnault, CEO of the luxury goods group LVMH, who would amass a fortune of US$188 billion.
But that moment is behind us and the subject again climbed to reach the position. Although in reality it was not directly for a work or cause of his.
How Elon Musk became the richest person in the world again thanks to Tesla
the colleagues of Bloomberg has updated its list with the wealthiest people on the planet, once again positioning Elon Musk at the top of the ranking.
According to the site, the value network of the Tesla and Twitter executive accumulates a joint valued wealth of US$187.1 billion.
The number is high, but lower than what Arnault had in December 2022. So Musk got to the top spot due to a combination of two factors.
First and most obvious, Arnault’s LVMH asset fortune lost some value and his fortune fell to the $182 billion.
All at the same time that the stock shares of Tesla Motors increased their value substantially to locate each one in the $207.63.
Since the beginning of 2023, the value of Tesla in the market has increased and with the closing of February of this year they have reached their highest cost in recent months.
Needless to say, this has had a positive impact on Elon Musk’s pocket.