Bernard Arnault and his family briefly became richer than Elon Musk

In the competition of the richest people, Bernard Arnault takes a high place. The French CEO of luxury group LVMH and his family briefly topped Forbes’ list of the world’s richest people with $185 billion on Wednesday, temporarily dethroning American Elon Musk, boss of Tesla, SpaceX and Twitter.

The 73-year-old French businessman and his family were at the top of this real-time online ranking for a while due to the destruction of Elon Musk’s fortune, in particular the steep drop in Tesla shares on the stock exchange. New York Stock Exchange on Wednesday. But around 1730 GMT, Elon Musk (worth $184.9 billion) overtook Bernard Arnault ($184.7 billion). Indian businessman Gautam Adani (134.8 billion), the head of the conglomerate, was in 3rd place, and Jeff Bezos (111.3 billion), the founder of Amazon, was in 4th place.

Bernard Arnault has been number one for several hours in this ranking in May 2021. The French billionaire’s fortune recently benefited from a jump in results for LVMH, the world’s number one in the luxury goods segment, whose net income reached $12 billion. euros in 2021. Elon Musk, whose fortune is dependent on the performance of Tesla shares, has recently found himself at the center of much controversy since he bought the social network Twitter. In another benchmark ranking compiled by the financial agency Bloomberg, Elon Musk is in the lead. Halted at the close of Wall Street on Tuesday, the daily rankings put the American businessman’s net worth at $178.9 billion, ahead of Bernard Arnault’s $165.1 billion.

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