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Elon Musk Loses World Richest Man Title

Elon Musk Estimates Twitter's Value At $20 Billion

Posted: December 7, 2022 at 2:09 pm   /   by   /   comments (0)

Elon Musk has lost his title as the world’s richest person after selling Tesla stocks to fund the $44 billion purchase of Twitter.


Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH, and his family took the ‘world richest’ title with a personal wealth of $185.4 billion, according to Forbes.
Musk, who has held the top spot on the Forbes list for world’s richest since September 2021, now has a net worth of $185.3 billion.
Tesla’s shares fell about 4 percent in morning trading on Wednesday, Dec. 7.

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