Elon Musk wins battle of the multi-billionaires….again trends now

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Tesla boss Elon Musk has won the battle of the billionaires again, reclaiming his position as the world's wealthiest person.

According to the Bloomberg Billionaires Index daily ranking, his net worth is now about $192 billion, compared to LVMH CEO Bernard Arnault's $187 billion.

The two centibillionaires, a term used to refer to people with fortunes of more than $100 billion, have been vying for the top spot for months.

This week, Arnault's wealth decreased after a 2.7% drop in LVMH's stock Wednesday, according to Bloomberg calculations.

Arnault jumped ahead of Musk in December, as his wealth soared due to a boom in luxury goods sales that helped drive up LVMH's stock price. LVMH, one of the world's biggest conglomerates, is home to brands such as Dior, Louis Vuitton and Celine.