In a recent development, Elon Musk has surpassed Bernard Arnault, a renowned French fashion icon, to claim the title of the world’s wealthiest individual.
In a recent development, Elon Musk has surpassed Bernard Arnault, a renowned French fashion icon, to claim the title of the world's wealthiest individual. The Bloomberg Billionaires balance sheet reveals that Elon Musk's net worth now stands at approximately $192 billion, while Bernard Arnault, the CEO of LVMH, holds a net worth of $187 billion.…
Bernard Arnault experienced a decline in his fortune this week as LVMH shares plummeted on Wednesday, according to calculations made by the Bloomberg Billionaires Index. His primary asset is his stake in Tesla’s stock, accounting for approximately 13% of the company, as reported by Bloomberg. Taking a step back, it’s worth noting that Tesla’s stock hit a two-year low in November, dropping to $167.87, its lowest point since November 2020.
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