Elon Musk No Longer World's Richest Man?
Who Wears the Crown Now?
The Great Fall
Elon Musk loses 'World's Richest Man' crown to LVMH Chairman & CEO Bernard Arnault.
Drop in Fortune
Fall in Tesla share prices and Twitter acquisition push down Musk's wealth.
$100 Billion
That's how much Musk's wealth dropped as a result of a significant fall in Tesla stock prices.
$188.6 vs $176.3 Billion
As per Forbes, Bernard Arnault's wealth is estimated to be 188.6 bn and Musk's to be $176.3bn.
Been at the Throne
Musk became the world's richest person in 2021 after overtaking Amazon founder Jeff Bezos.
Louis Vitton Shines
Arnault's fortune has climbed up thanks to the value of his luxury group LVMH (Louis Vuitton Moët Hennessy).
Home Rules
Indian businessman Gautam Adani is the world's 3rd richest person with $150 billion of fortune.
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