Twitter owner and Tesla Inc boss Elon Musk lost his title as the world's richest person on Wednesday, according to Forbes, following his expensive bets to ...
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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. 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. The 51-year-old’s net worth peaked at $340 billion in November last year.
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.
Twitter owner and Tesla boss Elon Musk briefly lost his title as the world's richest person on Wednesday, according to Forbes, following a steep drop in the ...
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 Register for free to Reuters and know the full story [(LVMH.PA)](https://www.reuters.com/companies/LVMH.PA), and his family briefly took the title as the world's richest, but were back at No. [(TSLA.O)](https://www.reuters.com/companies/TSLA.O) boss Elon Musk briefly lost his title as the world's richest person on Wednesday, according to Forbes, following a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm.