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Elon Musk back in No. 1 spot on Bloomberg's billionaires list

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according to Bloomberg.He reclaimed the status on the Bloomberg Billionaires Index late Monday afternoon, having a fortune valued at an estimated $187.1 billion at that time, the outlet reported.

Musk’s net worth had reportedly been sitting around $180 billion the prior day.French luxury giant LVMH CEO Bernard Arnault previously supplanted Musk from the No.

1 position in mid-December and had held it since then. Bloomberg pegged Arnault’s net worth at $185.3 billion on Monday.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.Much of Musk’s wealth is tied to Tesla, the electric vehicle and clean energy company 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.

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