Elon Musk was again ranked the world's richest person in a new report released Tuesday, which estimated the Tesla and SpaceX CEO's net worth at $419.4 billion. The new "superbillionaire" report, first published by the Wall Street Journal via researcher Altrata,

Elon Musk risks losing his status as the world's richest man following a significant drop in Tesla's shares below $1 trillion. This setback is due to declining European sales and growing competition.

LVMH, once a luxury sector leader, is losing its dominant position with only 1% organic growth in Q4, lagging behind peers like Richemont, Prada, and Hermes. LVMH's unique position between ultra ...