Elon Musk briefly lost his position as the world’s richest person on Wednesday to LVMH CEO Bernard Arnault, whose family owns the luxury brand Louis Vuitton.Information Guide Nigeria
According to Forbes, Arnault surpassed Musk to become the world’s richest person at 3:30 p.m. ET on Wednesday, with an estimated $184.7 billion, but when US markets closed at 4 p.m. ET, Musk was back on top with $185.4 billion.
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Musk will surpass Amazon’s Jeff Bezos as the world’s richest person for the first time on September 27, 2021.
Bezos has since fallen to fourth place with $111.3 billion, while Indian industrialist Gautam Adani has risen to third with $134.8 billion.NYSC portal
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Musk’s main source of income is Tesla, whose stock reached a high of $320 billion in November 2021 after car rental firm Hertz revealed a huge purchase from the electric vehicle manufacturer.
However, Tesla shares are down by over 50% by 2022.
Also in October 2022, the billionaire paid $44 billion for the social media platform Twitter.JAMB Result
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