How Elon Musk made $4.61 billion in one day as Dangote hits $21,1 billion

• Elon Musk is made up our minds to hit $200 billion in receive price after reclaiming the realm’s richest man title
• Musk won about $4.61 billion on Friday, June 3, 2023, to assign aside him $8 billion a ways from Bernard Arnault
• Aliko Dangote, Nigeria, and Africa’s richest man, won about N21 billion on Friday, June 2, 2023

The sphere’s richest man, Elon Musk, is $1 billion a ways from hitting $200 billion in receive price, which he lost final year after Bernard Arnault, the LVMH proprietor, dethroned him.

Musk reclaimed the tip station final week after ousting Arnault, who had occupied the recount since December 2020.

Tesla shares yowl to propel Musk’s receive price

Musk’s most contemporary ranking is thanks to the surging stock of Tesla, which won $6.1 on Friday, June 3, 2023, to commerce at $213.97, a 3.11% magnify.

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Closing year, Elon Musk broke the Guinness Ebook of World Data because the foremost man in history to lose $200 billion.

Analysts utter that the Tesla CEO looks to be like living to hit that stamp again as Tesla shares, his foremost source of wealth, rebounded.

Musk, who excellent rounded off a visit in China, where he had talks with authorities in Beijing regarding the device in which forward for the electrical automobile company.

Dangote’s wealth soars to $21,1 billion

On the alternative hand, on Friday, Nigeria’s Aliko Dangote saw his receive price rebound by $Forty five.6 million, about N21 billion.

Dangote won two spots on the Bloomberg Billionaire Index to depraved 74th wealthiest man globally.

The transfer saw Dangote climb two steps from the 76th recount he occupied on Friday, June 2, 2023.

The proportion stamp of Dangote Cement traded at N290 per share and witnessed optimistic investors’ sentiment, which saw its commerce quantity surge on the floors of the Nigerian Stock Switch.

Analysts thunder that Dangote, whose 650,000-capacity refinery changed into once commissioned by ancient President Muhammadu Buhari on Might 22, 2023, might per chance well per chance climb to be to 20th richest man on the planet when the refinery becomes fully operational.

The billionaire had acknowledged that his refinery would launch up to ship products by July ending or early August 2023.

Elon Musk reclaims world’s richest man title, Dangote now ranked 72nd wealthiest on the planet

Legit.ng reported that Tesla CEO Elon Musk had taken abet the realm’s richest man title from the French luxury provider provider Bernard Arnault.

Musk, who earned over $1 billion within the final 24 hours, dethroned the Frenchman after occupying the 2nd station for over six months.

The Twitter CEO saw the shares of Tesla yowl to commerce at about $203.93 on Wednesday, Might 31, 2023, to shore up his receive price to about $192 billion, while Arnault moved to the 2nd recount at $187 billion, having lost $5 billion within the final 24 hours.

Supply: Legit.ng