Business

How Bernard Arnault toppled Musk on Forbes with $3.3 billion 

On Friday, Bernard Arnault dethroned Elon Musk as the world’s richest person, marking a shake-up on the global billionaire leaderboard.  


Arnault, the prominent figure behind the global luxury conglomerate LVMH, which boasts an impressive portfolio of iconic brands such as Louis Vuitton and Sephora, saw his net worth soar to $207.8 billion following a substantial $23.6 billion surge at the end of market trade.


This propelled him ahead of Musk, whose fortune stands at $204.5 billion, according to the real-time billionaires list compiled by Forbes.