Elon Musk loses title of world’s richest man to Louis Vuitton’s Bernard Arnault

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Elon Musk
Elon Musk. (Susan Walsh/AP)

Elon Musk loses title of world’s richest man to Louis Vuitton’s Bernard Arnault

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Tesla and Twitter owner Elon Musk no longer holds the title of the world’s richest man as of Wednesday.

The new richest man in the world is now Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH. Arnault’s family took the title with a personal wealth of $185.4 billion, according to Forbes.

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