BREAKING: Elon Musk briefly lost 'World's Richest Man' title to Bernard Arnault

Bernard Arnault, the chief executive of luxury brand Louis Vuitton's parent company LVMH, and his family took the 'world richest' title with a personal wealth of $185.4 billion, according to Forbes.

Musk, who has held the top spot on the Forbes list of the world's richest since September 2021, now has a net worth of $185.3 billion.

Tesla's shares fell about 4 percent in morning trading on Wednesday, Dec. 7.

However, Elon has regained his title as the world's richest man!

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