Elon Musk is officially the world’s 2nd-richest person after he was overtaken by Bernard Arnault, the boss of French luxury giant LVMH. According to Forbes, Arnault and his family – who own almost half of the conglomerate that houses brands like Louis Vuitton, Dior, and Moët & Chandon – knocked the Twitter boss off his perch with his net worth clocking in at US$186.6 billion compared to Musk’s US$176.8 billion. Musk had been sitting in the top spot since overtaking Amazon founder Jeff Bezos in September 2021, but his net worth – which was once valued as high as US$340 billion – dropped by US$100 billion this year and fell below US$200 billion last month when Tesla investors got nervous about the many-hatted CEO’s preoccupation with Twitter. And look, they’re not exactly wrong…