Wednesday at 4.50pm Elon Musk ceased to be the richest man in the world. Bernard Arnault and his family, owners of the LVMH company, passed him for a few moments.
Arnault’s net worth is estimated at $185.4 billion dollarswhile Moss it had $185.3 billion. Already at 18.30, however, the owner of Twitter has regained the first place on the list. Because billionaires are separated by less than a billion dollars. property, Forbes expects such changes more often.
Elon Musk wasn’t the richest man alive for a while
For the first time, Musk became the leader of the rating 14 months ago. Then he ran away Jeff Bezoswhose fortune is now the third largest.
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Musk’s fortune for a long time was counted in tens of billions. At the top of the list of the richest are those who have hundreds of billions. The 51-year-old sat there after the stock soared Tesla.
Musk’s net worth was estimated to be over $200 billion until recently. However, this is a decline in the value of the stock Tesla from this year it has allowed Bernard Arnault to approach Musk and enjoy the title of richest man for a few moments.
Bernard Arnault has been at the top before
Before the valuation of shares Tesla filmed, in 2021 it was Bezos and Arnault who contested the title of richest man. The Forbes ranking of 8 August 2021 placed the owner of LVMH at the top. Arnault’s fortune was then valued at $197.5 billion, the second Bezos had $193.3 billion.
Bernard Arnault is called the “king of luxury”, he controls the LVMH group – a French company that deals with luxury goods and owns such brands as Louis Vuitton, Christian Dior and Tiffany & Co. The businessman is also a famous art collector. From 1999-2003 he owned the auction house Philips de Pury & Company.