Antonio Pequeño IV is a reporter who covers breaking news, with a focus on technology and online culture. He joined Forbes in 2023 and works in Los Angeles. He’s covered Elon Musk’s Twitter takeover, the Reddit blackout protest and debunked viral rumors.
Tesla CEO Elon Musk overtook LVMH chief Bernard Arnault to become the world’s richest person Thursday, doing so after Musk ’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.
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