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Bernard Arnault replaces Elon Musk as world's second-richest person

Shortpedia

Content Team
Image Credit: Shortpedia

Days after Elon Musk's tweet on Bitcoin turned cryptocurrency charts red, his net worth has started tumbling as well. According to Bloomberg Billionaires Index, Louis Vuitton Chairman Bernard Arnault has toppled Musk as the world's second-richest person. This was after shares of Tesla plunged 2.2%. Musk's net worth declined 24% from where it was in January to $160.6 billion. Bitcoin prices fell over 20% after Musk's tweets.