Elon Musk loses rank as the world’s richest person


Elon Musk has once again lost his spot as world’s richest person to French billionaire Bernard Arnault of the luxury congolmerate LVMH. Earlier this week, the Tesla and Twitter boss briefly retook the number one spot on the global wealth pyramid, with his net worth reaching an estimated $187.1bn. Between November 2021 and December 2022, the Twitter owner’s net worth fell by over $200bn, one of the largest losses of wealth in recent history.