Tesla CEO and owner twitter, Elon MuskHe is once again the richest person in the world, according to the Bloomberg Billionaires Index. 2.64% drop In yesterday’s quotation of the shares of the LVMH group, which brought the French businessman to the second place in the list, bernard arnault.
According to the billionaires ranking, the wealth attributed to Elon Musk would reach 192,000 million dollars (179,691 million euros), with an increase of $1,980 million (€1,853 million) in the last session and exceeding $55,000 million (€51,474 million) so far in 2023.
According to the index data, in Bernard Arnault’s case, his estimated wealth would be around $187,000 million (175,012 million euros), down $5,250 million (€4,913 million) in the last day, but with an increase of over $24,000 million (€22,461 million) so far this year.
Shares in French luxury group LVMH, controlled by more than 48% of the Arnault family, closed down 2.64% in Wednesday’s session, while shares in Tesla, which Musk controls just over 13%, tumbled. increased by 1.38%. So far in 2023, Shares of LVMH gained 17% and Tesla 88%.
French businessman Bernard Arnault surpassed Musk for the first time on the richest list last December. challenges in the tech industry in contrast to the good performance of the luxury sector.
However, given the expected slowdown in economic activity in China due to central bank rate hikes and lower-than-expected growth, the dynamism in the luxury sector is starting to wane, putting pressure on LVMH’s price. It’s up 10% since last April.