He is now the richest man in the world, worth $13 billion more than Elon Musk.
According to the latest wealth statistics, Bernard Arnault, the executive chairman of LVMH, once again surpassed Elon Musk to become the richest man in the world.
Bernard Arnault is the founder, CEO and Chairman of the LVMH Group. His LVMH portfolio includes luxury brands such as Louis Vuitton, TAG Heuer and Tiffany & Co.
There have been cases before, where Arnault has twice surpassed Musk to become the richest man in the world, but the gap between the two has never been large, but this time it is exactly the same, and the gap between the two is far more than $10 billion. Last week, a judge in Delaware, where Tesla is registered, invalidated the $55.8 billion compensation agreement Tesla granted to Elon Musk in 2018; Coupled with the fact that LMVH has been trading sideways, while Tesla's has been moving sideways, and like Musk's holding of Tesla, Arnault's net worth is also linked to LVMH's performance, which is why Arnault was able to surpass Musk.
At the time of writing, Arnault's net worth is $211 billion, while Musk's net worth is $198 billion.
The little-known fact is that Musk and Arnault actually know each other, and the two families also maintain a good relationship.