Move over, Elon Musk. According to Forbes’ Real Time Billionaire’s List, LVMH Group (Moët Hennessy Louis Vuitton) chairman and CEO Bernard Arnault has surpassed Musk in net worth with a reported fortune of $190.9 billion.

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Musk has held the “world’s richest” title since Sept. 2021, when the Tesla and SpaceX CEO passed Amazon chairman and founder Jeff Bezos (No. 4 in the world today at $116.2 billion net worth). Musk’s net worth stands at $175.6 billion, per Forbes.

At 73, Arnault is the first person from France (or more broadly, Europe) to have the largest net worth in the world, according to Bloomberg. The LVMH luxury conglomerate commands a staggering number of prestigious brands under six umbrella company branches: premium wines and spirits, fashion and leather goods, perfumes and…