The net worth of the richest person in the world beats Elon Musk’s – by more than $11 billion.
Elon Musk, CEO of Tesla, Twitter and SpaceX, has officially been overtaken as the richest person in the world.
Musk’s net worth currently totals $177.5 billion, according to Forbes, while Arnault’s net worth is $188.6 billion. LVMH Inc. MC, +1.47% owns fashion brands including Louis Vuitton, Sephora and Tiffany. Arnault’s net worth has more than doubled since 2020.Musk replaced Amazon AMZN, +2.14% founder Jeff Bezos atop the Forbes list in April 2022. The two men have had traded places at the top of the list on several occasions.
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