Is the status of Elon Musk, CEO of the US electric car company Tesla, as the richest man on the Forbes rich list suspended? Bernard Arnault, chief executive of European luxury giant LVMH, briefly took over for him twice on Wednesday and Thursday. Musk has topped the Forbes Rich List since September 2021. According to the analysis of the site “Forbes”, the main reason why Musk was temporarily overtaken by Arnault this time is that Tesla’s stock price has plummeted. Tesla’s stock price has nearly halved this year.
Richest man status suspended? Musk was briefly surpassed by the CEO of LVMH for two consecutive days
Is the status of Elon Musk, CEO of the US electric car company Tesla, as the richest man on the Forbes rich list suspended? Bernard Arnault, chief executive of European luxury giant LVMH, briefly took over for him twice on Wednesday and Thursday. Musk has topped the Forbes Rich List since September 2021. According to the analysis of the site “Forbes”, the main reason why Musk was temporarily overtaken by Arnault this time is that Tesla’s stock price has plummeted. Tesla’s stock price has nearly halved this year.