Musk Falls to third in the Richest Person's list

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Space X CEO Elon Musk has fallen to third in the Richest person rankings.

Tesla owner slipped in the list following a decline that was triggered after he tweeted Tesla would no more accept bitcoins. His wealth has toppled down by 24% to what he had at his peak in January.

Bernard Arnault has taken over Musk in the second place now. Arnault is the chairman of the world's biggest luxury goods group LVMH.

The wealth of Arnault, who heads the French luxury conglomerate Moët Hennessy - Louis Vuitton, was pegged at $161bn, only behind MrBezos who is worth $190bn. Musk’s fortune stood at $160.6 billion.

Musk was already on the third spot on Forbes Real-Time Billionaires List since mid-April but still held the second spot at Bloomberg Billionaires Index.

Publish : 2021-05-18 15:36:00

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