- Twitter boss Elon Musk’s net worth surged by over KSh 673.6 billion in just eight hours of trading
- Musk is now one step closer to reclaiming his title as the world’s richest person from Bernard Arnault
- The tech entrepreneur’s wealth has been regaining traction since the start of the of the year 2023
Tech mogul Elon Musk is now within striking distance of reclaiming the world’s richest man from Bernard Arnault.
According to the Bloomberg Billionaire Index, the Tesla and SpaceX CEO saw his net worth increase by $4.86 billion (KSh 673.6 billion) after 8 hours of trading.
Richest man in the world
This remarkable surge skyrocketed his net worth to an impressive $190 billion (KSh 26.3 trillion), just $2 billion shy of Bernard Arnault’s $192 billion (KSh 26.6 trillion) net worth.
Musk lost the top spot in December 2022, and though he briefly recovered at some point in early 2023, it was only temporary.
Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has been a top the world’s rich list for the last five months.
Since the start of 2023, Musk has earned $53.3 billion (KSh 7.4 trillion).
List of 10 richest men in the world
| Rank | Name | Net worth |
| 1 | Bernard Arnault | $192bn |
| 2 | Elon Musk | $190bn |
| 3 | Jeff Bezos | $145bn |
| 4 | Bill Gates | $126bn |
| 5 | Larry Ellison | $118bn |
| 6 | Steve Ballmer | $115bn |
| 7 | Warren Buffett | $112bn |
| 8 | Larry Page | $112bn |
| 9 | Sergey Brin | $106bn |
| 10 | Mark Zuckerberg | $95.8bn |
Musk refuse to give tech empire to his 10 children
In related news, TUKO.co.ke reported that Elon Musk will not be handing control of his multi-billion dollar companies over to his children.
The 51-year-old businessman revealed that he is not in the school of thought of leaving everything to his 10 kids and would not hand them share to his companies.
Musk said he has already identified and selected particular people to take over if something happened to him.
The SA-born billionaire announced earlier this year that he would be stepping down as CEO of Twitter.
