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The Times of India
The Times of India
Business
Bloomberg

UNBELIEVABLE: Elon musk nears world s richest title again ee600062 805a 498e b0e3 971476ab006a - Caught on Camera

Elon Musk Bernard Arnault Tesla Inc. SpaceX Twitter Inc. Washington D.C.

WASHINGTON: Elon Musk is closing in on recapturing his title as the world’s richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc.’s 70% rise this year.

It may take a bit longer for Musk to overtake the French luxury-goods titan, though, after disclosing this week he gave 11.6 million Tesla shares to unnamed charitable causes between August and December. The stock was worth about $2.4 billion, based on average prices the days Musk donated the securities.

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