Bernard Arnault, CEO of the luxury group LVMH, and his family briefly took the lead on Wednesday, December 7, in the Forbes ranking of the world’s largest fortunes, with 185.1 billion dollars, dethroning the American Elon Musk, boss of Tesla, from SpaceX and Twitter.
The 73-year-old French businessman and his family overtook him in this real-time ranking, due to a sharp decline in Tesla shares on the New York Stock Exchange on Wednesday. Around 6:30 p.m., Elon Musk, with a fortune of 184.9 billion dollars, however, passed Bernard Arnault (184.7 billion). Indian conglomerate businessman Gautam Adani ($134.8 billion) was in third place, while Amazon founder Jeff Bezos ($111.3 billion) was fourth.
Bernard Arnault had already occupied first place in this ranking for a few hours in May 2021. The fortune of the French billionaire has recently benefited from the jump in the results of LVMH, the world number one in luxury, whose net profit had reached 12 billion euros. euros in 2021. Elon Musk, whose fortune depends on the evolution of Tesla’s action, has recently been at the heart of multiple controversies since he bought the social network Twitter.