Forbes | Luxury goods mogul Bernard Arnault momentarily surpassed Elon Musk on the billionaire list

On Wednesday, Elon Musk momentarily lost his place as the world’s richest man on Forbes’ billionaire list.

Tesla- and a Twitter billionaire Elon Musk temporarily lost his place as the world’s richest person on the billionaire list of the financial magazine Forbes on Wednesday.

According to the news agency AFP, the owner of the luxury goods company LVMH, known for the luxury brand Louis Vuitton and Moët champagne, temporarily took the first place in the list of the richest people. Bernard Arnault.

The LVMH name consists of the well-known brands Luis Vuitton, Moët and Hennessy.

According to the Bloomberg news agency, Musk’s and Arnault’s fortunes are also almost the same. Arnault passed Musk on the list also last year.

The reason the change in the top spot was due to the decline in the value of US technology stocks.

However, by 8:30 PM Finnish time, Musk had risen to the top of the list again, according to Forbes, with a fortune of 184.9 billion dollars (175.9 billion euros). Arnault held second place on the list with 175.75 billion euros ($184.7 billion).

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Third on the list is an Indian businessman Gautam Adani and fourth, the founder of Amazon Jeff Bezos, still tens of billions behind the top two. Founded by Adani, the Adani Group owns India’s largest private port and airport company and is a major gas operator in cities.

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