Musk briefly lost his title as the world’s richest man and was surpassed by the boss of LV. How did the boss of LV do it?

Musk briefly lost his title as the world’s richest man and was surpassed by the boss of LV! The reason why the boss of LV was able to defeat Musk is because the boss of LV makes daily consumables, and these consumables are luxury goods and are very popular with consumers around the world! It can be said that the value of the LV boss is relatively stable. In this period of sluggish global economic development, if you can maintain stability, you will win!

After Musk acquired Twitter, the stock price fell sharply. In this case, Musk’s net worth evaporated by 940 billion. It can be said that Musk’s potential is still very large. Before he acquired Twitter, It is expected that he may suffer heavy losses in the short term, but in the long run, he believes that Twitter can be a boost to his business circle and help his business around the world to reach a higher level!

Musk’s business layout is very large, and the stock price rises whenever it falls. Musk’s Tesla stock price fell by 50%, and it may skyrocket by another 60% in the future. As long as Musk If SK can make this big business layout work, it will not worry about the stock price not turning against the wind in the future! Musk has tried his best to pull Twitter out of its predicament, and Twitter has turned losses into profits step by step! The boss of LV and Musk are different. The boss of LV runs a relatively single business, while Musk runs a variety of businesses. In this way, Musk's risk is greater!

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Musk has also produced perfumes, etc. It can be seen that Musk has realized the huge potential of consumables, but Musk seems not to be interested in this. They tend to focus on large business sectors such as Interstellar Immigration and Starlink. This may be the main reason why brands like LV still have a glimmer of hope!

Netizens are hotly discussing

After this incident was posted online, netizens expressed that it was incredible! Many of Musk's businesses have been overtaken by the boss of LV. This shows that the profit of doing technology is not huge compared to doing daily consumables! But even so, Musk also wants to do high-tech business!

Musk briefly lost his title as the world’s richest man and was surpassed by the boss of LV. What do you think of this?