LVMH CEO Bernard Arnold Overtakes Elon Musk as World’s Richest Man: Top 10 Richest People in the World

by time news

2024-01-28 13:07:55

LVMH CEO Bernard Arnold has overtaken Tesla CEO Elon Musk as the world’s richest man. Mukesh Ambani is at the 11th position and Gautam Adhani is at the 16th position in this list.

Tesla founder Elon Musk was knocked down from the world’s number one richest spot in December 2022 due to a decline in the company’s stock. He is running various companies like Tesla, Spax X, Boring Company. Within a few days of the release of Tesla cars, Tesla’s shares soared, making him the world’s No. 1 richest man. Later, he bought the Twitter company at a high price.

Then in June last year, Elon Musk regained the position he had left. He retained it until this year. In this case, French businessman Bernard Arnold has overtaken Elas Musk, who was the first in the list of the richest people last year.

French businessman Bernard Arnold currently tops the list of richest people. Shares of Elon Musk’s car company Tesla continue to decline. Tesla’s stock is down more than 13% as of Thursday. At the same time, shares of Bernard Arnold’s LVMH have continued to rise.

Hence, the net worth of Arnold and his family has risen to $207.8 billion. On the other hand, Tesla CEO Elon Musk has a net worth of $204.5 billion. As a result, Bernard Arnold has overtaken Elon Musk as the richest man in the world.

List of Top 10 Richest People in the World:

  • Bernard Arnold ($207.6 billion)
  • Elon Musk ($204.7 billion)
  • Jeff Bezos ($181.3 billion)
  • Larry Ellison ($142.2 billion)
  • Mark Zuckerberg ($139.1 billion)
  • Warren Buffett ($127.2 billion)
  • Larry Ellison ($127.1 billion)
  • Bill Gates ($122.9 billion)
  • Sergey Brin ($121.7 billion)
  • Steve Palmer ($118.8 billion)
  • Also, Reliance Chairman Mukesh Ambani is at the 11th position and Adani Group Chairman Gautam Adani is at the 16th position. Mukesh Ambani’s net worth is $104.4 billion, while Gautam Adani’s net worth is $75.7 billion.

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