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Elon Musk briefly lost the title of the richest man in the world

The new owner of Twitter and the CEO of Tesla and Space X, Elon Musk, momentarily lost his post as the richest man in the world.

The loss of first place happened Frenchman Bernard Arnault, chief executive of luxury group LVMH, which includes several brands such as Louis Vuitton. According to the list of billionaires published by the magazine Forbes Earlier this week, Musk lost the No. 1 spot at a time when Tesla, the electric vehicle company in which he is the largest shareholder, saw a further drop in share prices.

In addition, in April, the company also lost half of its market value due to the first offer made by Musk on the social network. twitter🇧🇷 Buying the social network for 41 billion euros influenced Musk’s stay at the top of the list of billionaires.

Elon Musk has been ranked number one on the list of the richest people in the world since January 2021. when he surpassed Jeff Bezos of technology company Amazon, sky news🇧🇷

Author: morning Post
Source: CM Jornal

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