The Chief Executive Officer, CEO, of Tesla, Elon Musk, has reclaimed the title of the world’s richest person.
In the latest Bloomberg Billionaires Index, the South African-born American billionaire overtook Amazon CEO, Jeff Bezos, to cross a threshold of over $400 billion, the first time ever.
According to the Bloomberg Index, Musk’s net worth on Thursday climbed to $447 billion, over $190 billion more than Bezos, who has held the top spot since early this year.On December 11, Tesla shares closed at a record high, hitting $424.77.
According to the Wall Street Journal, Musk’s artificial intelligence startup, xAI, more than doubled in value in November following a new funding round, increasing to $50 billion from a few months ago.
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Musk, the owner of X, the microblogging platform previously known as Twitter, is also Tesla’s largest individual shareholder.
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