Bernard Arnault is now the richest man in the world, dethroning Tesla CEO Elon Musk after a continued decline in Tesla share price, according to Forbes.
Elon Musk is no longer the wealthiest person, according to Forbes, after a decline in Tesla share price meant that LVMH CEO Bernard Arnault knocked him from his lofty perch.
Musk held the title of the world's wealthiest man since September 2021, when he overtook Amazon founder Jeff Bezos. Arnault made his fortune building the world's largest luxury conglomerate, which includes brands like Louis Vuitton but also Tiffany, Tag Heuer, and Celine.is no longer the richest person in the world. He ceded that title to LVMH chairman and CEO Bernard Arnault at the close on Monday,
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