London CNN  —  Bernard Arnault, the chairman of French luxury merchandise giant LVMH (LVMHF), has just turn into the very first European to major Bloomberg’s listing of the world’s richest folks, relegating Elon Musk to next area. Now well worth $171 billion, Arnault’s prosperity eclipsed the Tesla CEO’s $164 billion fortune on Tuesday, according to the Bloomberg Billionaires Index. Arnault experienced previously ousted Musk from the prime spot on Forbes’ checklist of “Real Time Billionaires” final week. Musk’s internet truly worth has tumbled by $107 billion this year, according to the Bloomberg Billionaires Index. Arnault’s wealth, which stems from his managing stake in LVMH, has endured a additional modest $7…