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Twitter CEO, Elon Musk loses status of world richest man to Bernard Arnault

The Chief Executive Officer, CEO of Twitter, Elon Musk has reportedly lost his status as the richest person in the world.

This development came following his sale of Tesla stocks to bankroll the $44 billion purchase of Twitter.

According to Forbes, the Chief Executive Officer, CEO of luxury brand Louis Vuitton’s parent company LVMH, has assumed the status of the richest person on earth having a net worth of $185.4 billion,

The owner of Twitter who has been the richest man in the world since September 2021, has now got a personal asset of $185.3 billion.

Meanwhile the shares of Tesla had about 4% decrease in morning trading on Wednesday, December 7.

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