It’s been a rollercoaster year among the very wealthiest, with Musk, Jeff Bezos and LVMH’s Bernard Arnault all vying for the number one spot.
Jeff Bezos, Elon Musk and Bernard Arnault
Newsom; Britta Pedersen/AP; Joel Saget/AFP/Getty Images
A three-way race for the title of wealthiest person in the world intensified Thursday as Elon Musk, worth an estimated $177.4 billion at the day’s end, overtook French luxury magnate Bernard Arnault for second place. Arnault, who held pole position to start the week, got nearly $21 billion poorer over the past two days as LVMH shares tumbled 12.6%. That led to Amazon founder Jeff Bezos reclaiming the top spot with a fortune estimated at $185.5 billion.
It’s been a rollercoaster year atop the billionaire ranks. Since January, the three have periodically jockeyed for the lead on Forbes’ real-time tracker of the world’s richest people, with each coming out on top—and losing the title—multiple times over the past…