After a rough 2022, Elon Musk is back on top as the world’s richest person.

Musk even earned a Guinness World Record for the biggest loss of wealth in one year. The Tesla CEO lost $182 billion in wealth from November 2021 to the end of 2022. Other sources saw Musk’s wealth drop by around $200 billion.

Musk’s wealth comes from ownership stakes in SpaceX, Tesla and social media platform Twitter, which he acquired for $44 billion in 2022.

After seeing Tesla shares fall over 60% in 2022, Musk downplayed the stock performance.

“Don’t be too bothered by stock market craziness. As we demonstrate continued excellent performance, the market will recognize that,” Musk said in a memo to Tesla employees.

Related Link: 51 Facts And Figures About Elon Musk 

Back on Top: Tesla shares rebounded in 2023, with the stock up over 90% year-to-date.

With Tesla shares up by more than 5% on Monday, Musk is now back on top as the world’s richest person according to Bloomberg.

Musk was closing in on Arnault in recent weeks. As of Friday, Musk had a wealth of $180 billion compared to Arnault at $182 billion.

On Monday, Musk is now the world’s richest person with an estimated wealth of $187.1 billion. Arnault ranks second on the list with a wealth of $185.3 billion.

Musk started 2023 valued at $137 billion and has seen his wealth soar once again as Tesla regains its value.

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