Elon Musk is the world’s richest person once more.

According to Bloomberg, Elon Musk has reclaimed the title of world’s richest person.

In December of last year, Tesla CEO Elon Musk was deposed from the top spot by Bernard Arnault, CEO of French luxury brand LVMH (LVMHF), making Musk No. 2 on the list for more than two months. Bloomberg reports that a rally in Tesla stock has returned Musk to the top of its real-time Billionaires Index as of Monday.

According to Bloomberg, Musk’s net worth was $187.1 billion as of Monday after markets closed, just surpassing Arnault’s $185.3 billion fortune.

While Tesla (TSLA) stock fell sharply last year as a result of Musk’s troubled acquisition of Twitter and a broader market downturn in technology, shares of the electric vehicle manufacturer have since surged in 2023.

Musk may be the world’s richest person right now, but he also has the record for the largest fortune ever lost by anyone in history. Musk became the first person in history to lose $200 billion in wealth late last year, when his net worth fell from $340 billion in November 2021 to $137 billion in December 2022.

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