Bernard arnault

Musk, who has held the top spot on the Forbes list since September 2021, has a net worth of $185.7 billion.

Tesla has lost nearly half its market value and Musk's net worth has dropped by about $70 billion since he bid for Twitter in April. Musk's net worth dropped below $200 billion earlier on Nov. Musk took over the title from Amazon.com (AMZN.O) founder Jeff Bezos.

Musk's fortune dipped to $185.3 billion, falling just behind the $185.4 billion personal wealth of Arnault, the chief executive of luxury brand Louis ...

- Larry Page: $83.2 B - Larry Ellison: $102.0 B - Warren Buffett: $106.8 B - Jeff Bezos: $111.7 B - Gautam Adani: $134.8 B - Elon Musk: $185.4 B

By Biodun Busari. Twitter and Tesla owner, Elon Musk has lost his place as the richest man in the world to Bernard Arnault, the chief executive of luxury ...

Arnault’s wealth is worth $185.8. Musk sold stocks in his electric-car company in order to fund the acquisition of the social media company. Forbes revealed this on Wednesday after Musk experienced a sharp drop in the value of his stake due to the recent purchase of Twitter to the tune of $44 billion.

Tesla boss and Twitter owner, Elon Musk, on Wednesday, lost the world's richest title to Bernard Arnault after a steep drop in the value of his stake in.

Elon Musk took over the World’s Richest title from Jeff Bezos, the founder of Amazon.com, in 2021, with a net worth of $185.7 billion. Tesla boss and Twitter owner, Elon Musk, on Wednesday, lost the world’s richest title to Bernard Arnault after a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm. According to Forbes, Bernard Arnault, who is the founder of the world’s largest luxury goods company, LVMH Moët Hennessy – Louis Vuitton SE, took the ‘world richest’ title with a personal wealth of $185.4 billion.

San Francisco: Twitter owner Elon Musk briefly lost his position as the world's richest man to Bernard Arnault, the chief executive of luxury brand Louis ...

In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than $185 billion. The 51-year-old’s net worth peaked at $340 billion in November last year. According to Forbes, Arnault and his family logged personal wealth of $185.4 billion, ahead of Musk which recorded a net worth of $185.3 billion, before reaching around $190 billion.

Twitter's new boss Elon Musk who is also the CEO of electric carmaker Tesla and spacecraft engineering firm SpaceX briefly lost the spot of the world ...

His wealth as of this morning was $184.7 billion. This comes as Tesla has lost nearly half its market value and Musk's net worth has fallen by about $70 billion since he bid for Twitter in April. He took over the title from Amazon founder Jeff Bezos.

He is the owner of the LVMH group, which owns some 70 companies, including Dom Perignon (wines), Louis Vuitton and Fenty Beauty by Rihanna.

Since then he has been Chairman and CEO of the company. “He returned the group to profitability as he embarked upon a strategy of developing the world’s leading luxury products company. Forbes Magazine releases an annual list of the world’s richest people, as it did in April this year, where Indian industrialists like Lakshmi Mittal, Kumar Birla and Shiv Nadar featured. Then in 1984, he undertook the reorganisation of the Financière Agache holding company. With a net worth of $185.4 billion, Musk is now again followed in the Forbes list by Arnault at $184.7 billion. The number three position is currently held by Indian businessman Gautam Adani, with a net worth of $135.4 billion.

Elon Musk has seen a dramatic drop of his wealth due to Twitter saga and drastic drop in Tesla's shares price. It has pushed it's overall net worth down to ...