After a significant acquisition of a prominent social media platform worth $44 billion, Elon Musk held the title of the world’s richest person.
However, he lost his position for a brief period of time. Perhaps, according to the latest data from the Forbes billionaire list, Musk has reclaimed his title after battling with Bernard Arnault. The CEO of Tesla and SpaceX’s net worth is estimated at $240.7 billion as of noon EDT.
Elon Musk reclaims his title after Twitter logo rebranding
The popular social media platform, Twitter, has undergone a rebranding and officially adopted a new logo, the letter “X.” On July 23, the platform’s owner, Elon Musk, announced the decision, stating that they would say goodbye to the Twitter brand and eventually phase out all bird-related elements. The transition to the new logo was officially implemented a day later.
Elon Musk also reclaimed the title of the world’s richest person after a 1.75% boost to his net worth. According to the latest information, Musk added $4.1 billion to his net worth. The CEO of Tesla has now dethroned the CEO of LVMH, Arnault.