Tesla CEO Elon Musk overtook LVMH chief Bernard Arnault to become the world’s richest person Thursday, doing so afterMusk’s estimated net worth reached $210.4 billion Thursday afternoon, surpassing Arnault’s $209.4 billion estimated net worth.
Musk’s net worth increased $1.8 billion Thursday as Tesla shares traded up nearly 2% as of 3:15 p.m.—Musk owns a 13% stake in the electric vehicle maker. Arnault, who overtook Musk early Monday after the Tesla chief held the title of world’s richest person for a week, is trailed by Amazon founder Jeff Bezos, whose estimated net worth is currently $201.3 billion.: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to 335-0739 or sign up here.Musk, Arnault and Bezos have traded the title of world’s richest person over the past few months.