ALBAWABA – Elon Musk, the most famous American billionaire and CEO of Tesla, sustained the title of the richest man in the world for the second month in a row in 2024 with a net worth of $221.4 billion.

Ongoing richest men conflict

Elon Musk, Jeff Bezos, and Bernard Arnault have been competing over the title of the richest man in the world for the past two years.

Musk is currently enjoying the title with a wealth of nearly $221.4 billion since June 2024. Musk's net wealth increased remarkably by $11.1 billion since the last month and over $19 billion in the past two months amid the stock surge that occurred in Tesla.

^{Musk, the world's richest man again. (Shutterstock)}

Jeff Bezos; founder, executive chairman, and former president and CEO of Amazon has a wealth of $210.2 billion. While Bernard Arnault; a French businessman, investor, and art collector is enjoying a wealth of $193.7 billion.

Elon Musk is presently serving as the CEO of Tesla; a leading electric cars company and SpaceX; a space exploration technologies corporation.

The net worth of Elon Musk always fluctuates based on the stocks' performance of Tesla and SpaceX companies.