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.

Musk wealth has seen a dip due to a

drop in tech stocks.

Shares of Tesla are

down by 58%

this year to date.

Tesla investors dumped their shares when he

overtook Twitter

as CEO in October.

According to Forbes, he lost that

title to LVMH

chairman and CEO Bernard Arnault.

Bernard Arnault worth is $185.9 billion

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

Bernard Arnault

is a

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