JUST IN: Elon Musk reclaims Top Spot as world’s richest man

Elon Musk has reclaimed his position as the world’s richest person after dethroning French multi-billionaire Bernard Arnault from the top spot.

According to a Bloomberg Billionaires tally, Elon Musk net worth is now about $192 billion, compared to LVMH (LVMHF) CEO Bernard Arnault’s $187 billion.

The Twitter chief surpassed the French luxury brand tycoon on Wednesday after shares of Mr Arnault’s LVMH fell 2.6 per cent in Paris trading.

The two centibillionaires, a term used to refer to people with fortunes of more than $100 billion, have been neck-and-neck for the top spot for months.

Mr Arnault runs the world’s largest luxury brands conglomerate that includes companies such as Louis Vuitton, Tiffany, Celine and Tag Heuer.

Here is the current list: 

Elon Musk: $192b

Bernard Arnault: $187b

Jeff Bezos: $144b

Bill Gates: $125b 

Larry Ellison: $118b

Steve Ballmer: $114b

Warren Buffet: $112b 

Larry Page: $111b

Sergey Brin: $106b

Mark Zuckerberg: $96.5b

Carlos Slim: $89.4b

Francoise Bettencourt Meyers: $85.5b

Mukesh Ambani: $84.7b

Amancio Ortega: $67.8b

Jim Walton: $67.2b

Rob Walton: $65.5b

Alice Walton: $64.4b

Zhong Shanshan: $61.5b

Gautam Adani: $61.3b

John Mars: $60.6b