Elon Musk loses world’s richest person title to Jeff Bezos

Elon Musk loses world’s richest person title to Jeff Bezos

For the first time in more than nine months, Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion. It’s the …

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French luxury king Bernard Arnault again pips Elon Musk as world’s richest person

French luxury king Bernard Arnault again pips Elon Musk as world’s richest person

Bernard Arnault, the French tycoon behind luxury giant LVMH, has dethroned Elon Musk as the world’s richest person, according to Forbes’ real-time billionaires list. Arnault’s net worth soared to $207.8 billion on Friday, fuelled by a 23.6 billion dollar surge, surpassing Musk’s $204.5 billion. Tesla, Musk’s electric car company, saw its stock plummet 13 per …

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