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US media: Forbes Global Billionaires List shows that Musk returns to the world’s richest man

US media: Forbes Global Billionaires List shows that Musk returns to the world’s richest man

According to a report on the website of “Forbes” magazine on the 24th, the real-time list of the media’s global billionaires shows that American billionaire and entrepreneur Elon Musk, after retiring to second place last week, surpassed French luxury goods giant LVMH (Mo√ęt Hennessy-Louis Vuitton Group) President Bernard Arnault this week and returned to the throne of the world’s richest man.

The “Forbes” website reported that after Tesla released its quarterly earnings report last Thursday (20th), Tesla’s stock price fell by nearly 10%, causing Musk to lose about 18 billion U.S. dollars and lost the title of the world’s richest man last Friday (21st).

According to the report, as of Monday (24th), due to the rebound of Tesla’s stock price, Musk’s wealth increased by 4.1 billion US dollars, reaching 240.7 billion US dollars as of noon on the 24th Eastern Time. The wealth of the French luxury goods giant Arnott decreased by US$2.4 billion to US$234.9 billion on the same day due to the decline in LVMH’s stock price. In this regard, Musk surpassed Arnott to re-top the world’s billionaire list.

When Musk returned to the throne of the world’s richest man, the “Forbes” website mentioned that his social platform Twitter recently changed its logo. Agence France-Presse previously reported that the US social media Twitter platform released a new logo on the 24th, replacing the “blue bird” icon on the website with a white “X”. This is part of Twitter’s broader rebranding plan, the report said.

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