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Twitter and Tesla chief Elon Musk has once again reclaimed his position as the worlds richest person.

He replaced LVMH boss Bernard Arnault.

His net worth has soared by $55.3bn (44.44bn) since January to $192bn, after a rise in the value of his electric car company Tesla, reports BBC.

Arnaults fortune has fallen by $24.5bn to $187bn, per Bloombergs Billionaires Index, reports the British media.

In the third and fourth positions stand Jeff Bezos and Bill Gates.

Arnault, 74, had overtaken Musk, 51, on the the rich list in December when shares in LVMH jumped as demand for luxury goods rebounded, reports BBC.

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