Bernard Arnault surpasses Elon Musk as the richest person in the world, with a net worth of $207.6 billion. Arnault's rise to the top came as tech stocks struggled due to high inflation. The French billionaire's surge in net worth, driven by positive LVHM results, led him to overtake Musk. Arnault, Chairman and CEO of LVHM, saw a $23.6 billion increase, while Musk's net worth dipped by $18 billion after a 13% drop in Tesla's stock. Luxury goods group LVMH, which owns brands like Louis Vuitton and Dior, posted a 10% rise in Q4 sales, contributing to Arnault's success. Read The Rest at :