Elon Musk, CEO of Twitter and Tesla, who is the richest person in the world, briefly slipped to second position and was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH.
Bernard Arnault took the top spot in the Forbes list with a net worth of $185.3 billion. Elon Musk has now regained his numero uno position with his personal wealth of $185.7 billion.
Musk has been holding the title of the world’s richest person since September 2021 when he overtook Amazon founder Jeff Bezos. Elon Musk is also the head of SpaceX and Neuralink, a startup that is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. However, Tesla, the electric car maker, comprises the bulk of his fortune.