Elon Musk loses world's richest person title to Bernard Arnault
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Elon Musk has has been replaced on Tuesday by Bernard Arnault as the world's richest person after Tesla’s stock price continued to go down. According to the reports, Musk has lost more than 1/2 of its value. Billionaire Bernard Arnault, who is valued at $172.9 billion largely comes from his 48% ownership of fashion giant LVMH is at the top of the world's richest people list.