Bernard Arnault, who is currently the Chairman and CEO of LVHM, has left Tesla’s founder Elon Musk behind in the race to be the richest person in the world, Forbes reported.
The net worth of the French billionaire and his family stands at $207.6 billion while Musk is in second position with $204.7 billion.
The two have been fighting for the position since 2022. Arnault became the richest person on the planet in late 2022, surpassing Elon Musk as tech stocks struggled in the face of high inflation.
