Elon Musk is Again the Richest Person in the World at 194 Billion

Elon Musk is the richest person on Earth again. Tesla CEO has surpassed rival Jeff Bezos as his stock has increased in value. Musk has a net worth of $194 billion, according to Bloomberg’s billionaire index.

That’s $100 million more than Bezos, the founder of Amazon. His shares in Amazon mainly form his wealth.

The share value fell at the end of last month because the quarterly report of the online store group was disappointing. The company also received a hefty fine in Luxembourg.

Frenchman Bernard Arnault is the richest European with $173.9 billion and is third on Bloomberg’s list.

Arnault is the CEO of luxury group LVMH, which owns fashion brands such as Louis Vuitton and beverage companies such as cognac brand Hennessy and champagne brand Moët and Chandon.

Arnault’s net worth grew the most in 2021, with about $59.5 billion.