Elon Musk holds world’s richest man title again

Elon Musk has reclaimed the title of the wealthiest person in the world with a net worth $187 billion, according to Bloomberg’s list announced on Monday.

Bernard Arnault, CEO of the French luxury brand Louis Vuitton, dethroned the Tesla and Twitter CEO from the top rank in December with estimated fortune worth of $185.3 billion.

Tesla stock price has finally recovered following stock market closing on Monday to close with 70 percent increase, after hitting record low earlier this year.

Musk, Arnault, in addition to Jeff Bezos, have frequently exchanged the title of top billionaires of Bloomberg Index among each other.

In addition to the title Musk currently holds, he is also known for being the owner of the biggest fortune lost ever, for his  $200bn lost in December last year as a result of his electric cars company steeply losing its shares value.