The market capitalization of LVMH, the company chaired by the world’s richest person Bernard Arnault, just surpassed that of Tesla, the firm led by the world’s second-richest person Elon Musk ...

Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list of the world’s richest people, relegating Elon Musk to second place.

Bernard Arnault has gone from being the world's richest person to fifth on the Bloomberg rich list. The LVMH CEO's net worth has tanked by $54 billion from its March peak.

Tesla CEO Elon Musk overtook LVMH chief Bernard Arnault to become the world’s richest person Thursday, doing so after briefly losing the title to Arnault overnight, when LVMH shares jumped in ...

French luxury tycoon Bernard Arnault and his family top the list of wealthiest billionaires — pulling ahead of runners up Jeff Bezos and Elon Musk.

Elon Musk is many things, but as of this week, he is no longer the world's wealthiest person. That status now belongs to France's Bernard Arnault, chairman and CEO of luxury goods maker LVMH ...

Bernard Arnault surpasses Elon Musk as the world's wealthiest person with a fortune of $207.8 billion, as LVMH's stock rises by 13%. Musk's fortune dipped by $18 billion due to Tesla's declining ...

Arnault good-naturedly joked with Musk that LVMH’s storied houses have centuries of brand-building and craft behind them, yet the 19-year-old Tesla beats them in market valuation.

Musk surpassed Arnault as the wealthiest person on the planet on Wednesday, after Paris-listed LVMH shares fell nearly 3%.

Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second place.