Monday, 12 May 2025

Elon Musk regains world’s richest person title after adding $7 ‎billion to his fortune

American billionaire Elon Musk regained his title as the richest person in the world, after the shares of the American electric car maker Tesla rose, adding $7 billion to his fortune.

The Tesla CEO is valued at $187 billion — $7 billion more than Monday, according to the Bloomberg Daily Billionaires Index. Tesla shares are up nearly 70% since the start of the year, according to the website Market Watch.

Elon Musk had broken the world record for the largest loss of personal wealth in history, according to the Guinness Book of Records.

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The fortune of Musk, the owner of Tesla and Twitter, declined by about $ 165 billion from November 2021 to December 2022, according to what was published by the Guinness World Records website.

This comes after the decline in the shares of Tesla, the electric car giant, after the billionaire bought Twitter last year.

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