Tesla CEO Elon Musk reclaims the title as wealthiest person in the world, with a fortune valued at an estimated $187.1 billion, according to Bloomberg. French luxury giant LVMH CEO Bernard Arnault previously supplanted Musk from the No. 1 position.
In January, Guinness World Records had bestowed upon Musk the record for the "largest loss of personal fortune," citing a $180-billion loss between November 2021 and January 2023.where he is the largest individual shareholder.
Tesla recently said it generated about $24.32 billion in fourth-quarter revenue, marking a 37% increase from the same three-month period last year. The company’s profits saw a roughly 59% jump from 2021’s Q4 to $3.7 billion, while its earnings per share came in at $1.19.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk is once again the richest person in the world: BloombergInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
How Elon Musk ruined Tesla, let other car companies catch up on EVsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Elon Musk Reveals Crypto Hater Charlie Munger's Big MistakeDogecoin $DOGE ambassador Elon Musk reveals crypto critic Charlie Munger's missed opportunity elonmusk musk charliemunger munger buffet dogecoin doge warrenbuffet buffet
Read more »
Elon Musk’s Twitter conducts yet another round of layoffs, firing dozens: reportTwitter fired at least 50 more employees on Saturday in yet another round of layoffs since billionaire Elon Musk took over the company and began cutting costs in October.
Read more »
Elon Musk lays off at least 50 more Twitter employees, including senior staff: report“Waking up to find I’ve been locked out of my email. Looks like I’m let go. Now my Revue journey is really over,” de Kuijper tweeted early Sunday.
Read more »