Frenchman Supplants Musk as World’s Richest Person

Twitter Blue might have a new meaning for Tesla CEO Elon Musk besides the social media platform’s new verification subscription plan.

Musk saw his reign atop Forbes’ list of the world’s richest persons end at just one year, following his purchase of Twitter for $44 billion in April 2022.

Like a majority in Forbes’ list of the world’s top 25 billionaires, released Tuesday, Musk saw his net worth drop in 2022, by $39 billion, leaving him now in second place. The top spot is now held by Frenchman Bernard Arnault, head of luxury goods giant LVMH, which owns brands such as Louis Vuitton, Christian Dior and Tiffany & Co.. Arnault with a net worth of $211 billion, as of March 10.

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