Elon Musk is Now the 2nd Richest Person in the World!

Arrow

After Telsa's Value Dropped Sharply this year, CEO Elon Musk lost his title of the "Richest Person" in the world.

As per Bloomberg Billionaires Index, Elon's wealth tumbled by more than $100 billion since January to $168.5 billion.

According to Forbes, Musk is now worth about $178bn (£152bn).

Meanwhile, Musk had lost the top spot to France’s Bernard Arnault, the chief executive of the luxury group LVMH with Networth $188bn.