Elon Musk No Longer The World’s Richest Person

Story: Divya Sinha Decmeber 13, 2022

CEO of Tesla, Space X and Twitter, Elon Musk is no longer the richest person in the world.

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Musk wealth has seen a dip due to a drop in tech stocks.

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Shares of Tesla are down by 58% this year to date.

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Tesla investors dumped their shares when he overtook Twitter as CEO in October.

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According to Forbes, he lost that title to LVMH chairman and CEO Bernard Arnault.

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Bernard Arnault worth is $185.9 billion whereas Elon Musk worth is $181.3 billion, according to Forbes.

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Bernard Arnault is a French business and he oversees the LVMH empire of some 70 fashion and cosmetics brands, including Louis Vuitton and Sephora.

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