French tycoon leapfrogs Musk on Forbes list ...News

The CEO of LVMH, Bernard Arnault, has topped the 2023 World’s Billionaires ranking Elon Musk is no longer the world’s richest man, according to Forbes. The top spot on the magazine’s 2023 World’s Billionaires list, published on Tuesday, belongs to French luxury goods tycoon Bernard Arnault. The 74-year-old founder and CEO of LVMH Group is worth $211 billion, which is $31 billion more than Musk, who has fallen to second place, according to Forbes’ calculations. LVMH (Louis Vuitton Moët Hennessy) is the world’s largest luxury goods conglomerate, managing more than 70 brands, including Fendi, Christian Dior, Givenchy

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