French Bernard Arnault, CEO of the luxury LVMH group, and his family ranked first for a short time on Wednesday in the Forbes ranking of the largest wealth in the world, with $ 185 billion, ahead of American Elon Musk, head of Tesla, SpaceX and Twitter.
The 73-year-old French businessman and his family were briefly at the top of the ranking, which was published online, due to the decline in Musk’s fortune, due to the sharp drop in Tesla shares Wednesday on the New York Stock Exchange.
Bernard Arnault held the top spot in this ranking for a few hours in May 2021.
The fortune of the French billionaire has recently increased thanks to the improvement in the results of LVMH, the world leader in luxury products, whose net profit reached 12 billion euros in 2021.