Elon Musk is no longer the richest man in the world

Elon Musk is no longer the richest man in the world

It has grown tremendously in recent years Elon Musk His fortune, a large part of which was due to stocks of the car company Tesla. The South African billionaire has taken the title of the richest man in the world with more or less breaks since the pandemic, but according to Forbes he is no longer the richest man on earth.

the gate List of billionaires in real time According to the CEO of Tesla, Twitter and SpaceX, a fortune of $184.6 billion is only enough for second place. first place Bernard Arnault It was acquired by the LVMH group of companies, which makes its decisions on luxury brands such as Louis Vuitton, Fendi, Dior and Hennessy cognacs also produced by this company.

The net worth of the French businessman and his family was estimated at $191.3 billion at the time of our article’s publication.

On the third step of the dummy platform is the Indian real estate mogul, Gautam Adani Fit up.

According to the economic journal, the main reason for Musk’s loss of wealth is that Tesla shares have fallen dramatically, by 56 percent, this year, while LVMH shares have stagnated. Musk’s fortune reached its peak in November 2021: at that time it was estimated at 320 billion. But the scandals surrounding the social media Twitter, which he bought for $ 44 billion, also hurt Tesla’s value.

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