Elon Musk Loses World's Richest Person Title to This Billionaire
According to the reports, Musk has lost more than 1/2 of its value. Billionaire Bernard Arnault, who is valued at $172.9 billion largely comes from his 48% ownership of fashion giant LVMH is at the top of the world's richest people list.
Elon Musk has has been replaced on Tuesday by Bernard Arnault as the world's richest person after Tesla’s stock price continued to go down. According to the reports, Musk has lost more than 1/2 of its value. Billionaire Bernard Arnault, who is valued at $172.9 billion largely comes from his 48% ownership of fashion giant LVMH is at the top of the world's richest people list. Twitter Blue Relaunch: Microblogging Site's Subscription Service Is Back As Elon Musk Announces To Remove All Legacy Verified Badges in Coming Months.
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Tesla’s stock price continued plummeting today to the point that @elonmusk is officially no longer the richest man in the world.
This has lost more than 1/2 it’s value. I’ve seen compelling analysis than a $50 stock price is generous. pic.twitter.com/nPjghcPUqq
— Brianna Wu (@BriannaWu) December 13, 2022
(The above story first appeared on LatestLY on Dec 13, 2022 10:33 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).