Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 25 (Xinhua) soon after Twitter changed its name to "X", Musk became the richest man in the world again. Musk's net worth rose by $4.1 billion to $240.7 billion on Monday, according to Forbes magazine's real-time billionaire list. (CTOnews.com Note: currently about 1.73 trillion yuan). The increase came as Tesla's share price rose more than 2.5 per cent on Monday morning. Mr Musk briefly lost his title as the richest man on Friday, when Tesla's share price fell nearly 10 per cent, reducing his net worth by $18 billion.

Just hours before he returned to the top of the Forbes list, Musk replaced Twitter's famous blue bird with an X-shaped logo. According to Linda Yakarino, chief executive of Twitter hired by Musk, the logo change is part of the company's plan to change "all the content" on the app.

On Twitter, netizens were surprised by Musk's return to the world's richest man and joked about his new Twitter logo. Someone wrote, "I really don't know how Elon Musk became the richest man in the world through such business decisions."

Musk's net worth is now higher than Bernard Arnault, chief executive of LVMH Group, which owns Louis Vuitton, Dior and other brands. Arnault and his family are now the second richest people in the world, with a net worth of $234.6 billion as of July 24, according to the Forbes real-time billionaires list. Meanwhile, Amazon founder Jeff Bezos is now the third richest man in the world, while Microsoft founder Bill Gates ranks fifth.

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