The world’s two richest men just met on a $460 billion lunch
Published on Jun 19, 2023 at 3:14 PM (UTC+4)
by Alessandro Renesis
Last updated on Jun 20, 2023 at 11:04 AM (UTC+4)
Edited by
Kate Bain
What you’re looking at here is a lunch break worth around half a trillion dollars.
The two wealthiest people in the world, Elon Musk and Bernard Arnault, just met in Paris where they sat down to a friendly lunch overlooking the water.
So our first question would be: did they go Dutch and split the bill?
READ MORE: The man who was briefly the richest person in the world
Antoine Arnault, the eldest son of Bernard Arnault, broke the internet when he shared some Instagram reels in Paris at the weekend.
His 194,000 followers were expecting to see a glimpse of Paris and a fancy restaurant, perhaps.
But they weren’t expecting to see Elon Musk having a glass of wine on the rooftop of the Cheval Blanc Hotel with them.
Maye Musk, Elon’s mother, was also present.
In fact, she immediately retweeted the pictures to her 900,000+ followers.
Elon Musk and Bernard Arnault have been competing for the coveted title of the world’s richest man for a while now.
Musk, 51, has an estimated net worth of $234.4 billion, according to Forbes.
He owns Tesla, SpaceX, Twitter and a swathe of other companies including an AI company dubbed X.AI.
Meanwhile, Bernard Arnault, 74, is the founder and CEO of LVMH Louis Vuitton, and has a net worth of $224 billion.
The mammoth conglomerate owns more than 70 luxury brands, including Bulgari, Tiffany, Sephora, Fendi, Christian Dior, Dom Pérignon and Belmond Hotels.
Musk and Arnault found their success using completely different strategies.
Musk has a more eccentric personality and is heavily involved in all of his projects.
Most people may not know this but Musk is actually Chief Engineer at SpaceX and Chief Product Architect at Tesla.
By contrast, Arnault keeps a low profile and lets his children run some of his companies.
His daughter Delphine is the Director of Louis Vuitton, while his son Antoine is the Vice Chairman of Christian Dior.
But one thing they do have in common is their net worth being tied to the stock market performance of their respective companies.
Just a few months ago, Musk briefly lost his title (to Arnault) after buying Twitter because he had to sell a huge chunk of Tesla shares, causing the price to tank.
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