Tesla CEO Elon Musk has lost his spot as the world's second-richest person to LVMH Chairman Bernard Arnault after the electric vehicle-maker's shares fell 2.2%. Musk, who held the top spot in Bloomberg Billionaires Index as recently as March, now has a fortune of $160.6 billion (₹11.8 lakh crore). Musk's fortune has dropped about $9.1 billion (₹66,700 crore) this year.