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Elon Musk Soon May Reclaim Title of World’s Richest Person

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The Street

By Luc Olinga Separating the Tesla CEO and first place in the wealth standings is just $3 billion. In mid-December, the hushed and codified world of billionaires experienced an earthquake that’s still reverberating. For the first time in a long time, a “tech bro” wasn’t the richest person in the world. This title went to the French executive Bernard Arnault. Arnault, 73, is chief executive of the French luxury-goods giant LVMH (LVMUY) , owner of prestigious brands like Christian Dior, Louis Vuitton, Tiffany, and Veuve Clicquot Champagne. The French tycoon stole first place from Elon Musk on De…

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