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Bernard Arnault Overtakes Elon Musk As Richest Person In The World
Arnault and his family’s net worth grew to $207.8 billion after a $23.6 billion increase on Friday, passing Musk’s $204.5 billion.
The news comes as Tesla struggled in Thursday's stock market, dropping 13%, with Musk losing more than $18 billion in net worth.
Meanwhile, LVMH shares were soaring Friday, up over 13% as of 11 a.m. on the heels of news of strong sales.
Source: Forbes
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