Elon Musk is Surpassed by Bernard Arnault as the World’s Richest Person

Elon Musk
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According to the Forbes Real Time Billionaire List on Sunday, the French tycoon and his family were worth $207.6 billion, while Musk was valued at $204.7 billion.
Forbes reports that Bernard Arnault, the creator, chairman, and CEO of the international luxury goods company LVMH (Louis Vitton), has surpassed Elon Musk to become the world’s richest person.

The magazine claims that the Arnault family’s wealth increased by $23.6 billion on Friday to reach $207.8 billion. In contrast, Musk’s wealth had decreased by over $18 billion to $204.5 billion.

Musk was valued at $204.7 billion, while the French tycoon and his family were worth $207.6 billion, according to the Forbes Real Time Billionaire List published on Sunday. Completing the top five were Jeff Bezos, Larry Ellison, and Mark Zuckerberg.

However, according to the Bloomberg Billionaires Index, Musk—who owns businesses like SpaceX, Tesla, and X (previously Twitter)—remains the richest person in the world with a $199 billion fortune, ahead of Jeff Bezos ($184 billion) and Arnault ($183 billion).

Forbes listed theTop 10 wealthiest people in the world

Rank Name Net worth Country
1. Bernard Arnault and family $207.6 billion France
2. Elon Musk $204.7 billion United States
3. Jeff Bezos $181.3 billion United States
4. Larry Ellison $142.2 billion United States
5. Mark Zuckerberg $139.1 billion United States
6. Warren Buffett $127.2 billion United States
7. Larry Page $127.1 billion United States
8. Bill Gates $122.9 billion United States
9. Sergey Brin $121.7 billion United States
10. Steve Ballmer $118,8 billion United States
11. Mukesh Ambani $104.4 billion India
16. Gautam Adani $75.7 billion India


With a net worth of $104.4 billion, Reliance Industries Limited (RIL) chairman Mukesh Ambani is the richest person outside of the top 10 and the wealthiest Asian. Gautam Adani, the chairman of Adani Group, is the second richest Asian, having amassed a fortune of $75.7 billion, ranking 16th.