Business & Economy

Elon Musk is back

After spending a difficult period, the billionaire and businessman, Elon Musk, regained his position as the richest person in the world, after his net worth amounted to $ 187.1 billion, according to the American “Bloomberg” Billionaires Index.

Last year, Musk, the co-founder of the electric car company Tesla, briefly lost first place to his counterpart, Bernard Arnault, as a result of its shares falling last winter.

But since January 6, 2023, Tesla’s stock has risen by 100%, driven by increased investor demand, customer interest in recently discounted car models, as well as better economic prospects, according to Bloomberg.

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