In a swing of fortunes, Elon Musk has retaken the title of the world's wealthiest person with an estimated net worth of over $ 200 billion. The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault's LVMH fell 2.6% in Paris trading.

Musk and the 74-year-old Frenchman have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world's 500 richest people.

In a swing of fortunes, Elon Musk has retaken the title of the world's wealthiest person with an estimated net worth of over $ 200 billion. The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault's LVMH fell 2.6% in Paris trading.

Musk and the 74-year-old Frenchman have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world's 500 richest people.