Bernard Arnault the chief Executive of Fashion brand Louis Vuitton’s parent company LVMH has emerged World’s Richest Person with a Personal wealth of $185.4billion.
According to Forbes , Elon Musk has lost his title as the world’s richest person after selling Tesla stocks to fund the $44 billion purchase of Twitter.
Musk, who has held the top spot on the Forbes list for world’s richest since September 2021, now has a net worth of $185.3 billion.
Tesla’s shares fell about 4 percent in morning trading on Wednesday, Dec. 7.