Bernard Arnault surpasses Elon Musk and becomes the richest person in the world again
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Bernard Arnault rises to the top of the list as Musk deals with internal problems at Tesla
Bernard Arnault, global president of LVMH – which owns brands such as Louis Vuitton and Sephora –, surpassed Elon Musk and became the richest man in the world.
According to Forbes, the Frenchman’s net worth reached US$207.8 billion, an increase of US$23.6 billion in a single day.
This happened after a jump of more than 12% in his company’s shares, which showed good results in global sales in the fourth quarter.
Bernard Arnault rises to the top of the list as Musk deals with internal problems at Tesla. According to Forbes, Elon Musk’s fortune shrank by more than US$18 billion, with the electric car company’s shares falling 26.5% in January.
*With information from CNN
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