Talk about a solid lunch. The world’s two richest people don’t sit down to a meal together every day, but it happened on Friday in Paris when Tesla CEO and LVMH CEO Bernard Arnault dined at Cheval Blanc with family members.
Each man’s net worth is over $220 billion, and Musk currently holds the title of the richest person they’ve traded time and time again.
Also at lunch were Musk’s mother, May Musk, and Arno’s eldest son Antoine, who posted photos from the lunch meeting on his Instagram account.
Elon Musk, his mother, May, finished lunch with Bernard Arnault and his two sons, Antoine and Alexandre. A solid lunch in Paris at Cheval Blanc. On a glorious sunny day. @tweet @tweet @tweet @tweet #VivaTech pics: Antoine Instagram- No details on topics discussed pic.twitter.com/UkCgRY6b8x
– Angelina Rascouet (@arascouet) June 16, 2023
several European countries want to host Tesla’s upcoming battery factory, and Musk toured the continent where he met several leaders, including Italian Prime Minister Georgia Meloni and French President Emmanuel Macron.
Musk also spoke at the VivaTech conference in France on Friday, reiterating his warnings about the dangers to humans caused by artificial intelligence, while also admitting that he “doesn’t think anyone would actually agree” to halting the development of the AI he has advocated for a return to. in March.
he is too joked“,” If you’re so smart, why did you pay so much for Twitter?
Billionaires are two familiar figures on the rich list. Arnault has built LVMH into the world’s largest luxury collection—think Louis Vuitton, Moet Champagne, or Givenchy bags. He outperformed Musk last year but took a big hit as a slowing economic recovery in China – a major luxury goods market – made investors less enthusiastic about LVMH shares.
Meanwhile, Tesla shares are up more than 140% this year, helping Musk regain ground last month. Musk is also the CEO of SpaceX and could see his fortune soar further if the company spins its Starlink satellite broadband unit in an initial public offering.
It wasn’t the first meeting between Musk and Arnault. They also met in Los Angeles last year, with the lavish businessman later recognition The telegraph He made the mistake of laughing when Musk said he was going to colonize Mars. “I thought he was joking,” Arnault told the British newspaper. “But he was serious, and I don’t think he was very pleased.”
Musk can get the last laugh thanks to his space ambitions. In January, venture capitalist Chamath Palihapitiya predicted that the Starlink IPO would happen this year and that Starlink’s valuation “will be at least half of SpaceX’s current private value.” In the same month, CNBC mentioned Musk’s space company raised $750 million at a valuation of $137 billion.
