Elon Musk loses title of world’s richest person to Bernard Arnault
by Joanna Partridge from on (#66TMC)
Loss of top spot to LVMH chief executive comes after Tesla shares more than halve in value
Elon Musk has lost his crown as the world's richest person, after further falls in the value of shares in his electric car company Tesla.
Forbes and Bloomberg, which track the wealth of billionaires, reported that Musk had lost the top spot to France's Bernard Arnault, the chief executive of the luxury group LVMH.
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