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Elon musk loses the position of the world’s richest man to Bernard Arnault

Twitter owner, Elon Musk, on Wednesday, lost the world’s richest title to Bernard Arnault

the chief executive of luxury brand Louis Vuitton’s parent company LVMH, after a fall in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm.
 This was revealed by Forbes on Wednesday and this is coming months after Musk sold Tesla stocks to fund the $44 billion purchase of Twitter.
Despite the fall in Musk’s net worth, he still remains number two on Forbes’ billionaire list with a personal value worth of $185.4 billion.
According to Forbes, Bernard Arnault, took the ‘world richest’ title with a personal wealth of $185.4 billion.