Who is Bernard Arnault, the man who dethroned Elon Musk as the richest in the world

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  • BBC News World

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Bernard Arnault surpassed Elon Musk as the richest man in the world, according to Forbes.

Elon Musk is no longer the richest man in the world.

That job now goes to Frenchman Bernard Arnault, chief executive of luxury goods group LVMH.

According to Forbes magazine and the Bloomberg agency, Musk’s fortune suffered from a sharp drop in shares of his Tesla electric car company this year.

In addition to being Tesla’s chief executive and major shareholder, with a nearly 14% stake, Musk also invested in the $44 billion purchase of Twitter in October.

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