Recently, the throne of the world's richest man has changed frequently. According to World Wide Web citing data from the Forbes rich list on the 26th, Bernard Arnault, chairman and CEO of French luxury goods giant LVMH, surpassed Tesla CEO Elon Musk to become the world's richest man. On January 29 (US Eastern Time), as Tesla’s stock price soared, Musk once again surpassed Arnault and regained his position as the world’s richest man.
Musk (Source: Jinyang.com)
reported that in the previous week, the shares of Musk’s Tesla Group suffered a sharp decline. On January 25, Tesla released its fourth quarter 2023 financial report. Although total revenue for the year increased by 3%, net profit decreased by 39% year-on-year, and its gross profit margin was only 17.6%, which was lower than analyst predictions. .
At the same time, since the 21st, lvmh's stock price has experienced multiple rounds of increases, and Arnault's assets of US$207.8 billion have exceeded Musk's US$204.5 billion.
But the situation reversed a few days later. On January 29, Tesla filed its annual Form 10-k with the SEC. The company expects capital expenditures to exceed $10 billion in 2024, and a "next-generation platform" that will theoretically be released next year is already in production plans. In addition, Tesla will invest US$500 million in the Buffalo Gigafactory in New York State to build the Dojo supercomputer. Boosted by these positive capital expenditures, Tesla closed up 4.19% on the 29th, helping Musk regain his position as the world's richest man.
According to Forbes’ real-time rich list, as of January 29 (Eastern Time), Arnault and his family’s net worth has risen to US$208.5 billion (currently about 1.5 trillion yuan) compared to the last update, but Musk’s Net assets soared directly to US$210.2 billion (currently about 1.51 trillion yuan).
Arnault (Source: Global Network)
In fact, although the position of the world's richest man has changed frequently in recent years, Musk and Arnault are "frequent guests", and it is often the case that the two take turns to become the richest man.
According to previous reports, Arnault replaced Musk as the world's richest man in mid-December 2022 and maintained it until January 26, 2023. But in February 2023, Musk regained the "throne" of the world's richest man with a total net worth of US$187.1 billion.
Jimu News Comprehensive Global Network, China Economic Weekly, Jiemian News, Jinyang.com
(Source: Jimu News)
