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Elon Musk Briefly Loses Title as World’s Richest Person to LVMH's Arnault  

Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. (Reuters)
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. (Reuters)
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Elon Musk Briefly Loses Title as World’s Richest Person to LVMH's Arnault  

Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. (Reuters)
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. (Reuters)

Twitter owner and Tesla boss Elon Musk briefly lost his title as the world's richest person on Wednesday, according to Forbes, following a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm. 

Bernard Arnault, the chief executive of luxury brand Louis Vuitton's parent company LVMH, and his family briefly took the title as the world's richest, but were back at No. 2 with a personal wealth of $185.3 billion, according to Forbes. 

Musk, who has held the top spot on the Forbes list since September 2021, has a net worth of $185.7 billion. Musk took over the title from Amazon.com founder Jeff Bezos. 

Tesla shares, which have lost more than 47% in value since Musk made his offer to buy Twitter earlier this year, were down 2.7%. 

Musk's net worth dropped below $200 billion earlier on Nov. 8 as investors dumped Tesla's shares on worries the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter. 

Tesla has lost nearly half its market value and Musk's net worth has dropped by about $70 billion since he bid for Twitter in April. Musk closed the deal for Twitter in October with $13 billion in loans and a $33.5 billion equity commitment. 

Besides Tesla, Musk also heads rocket company SpaceX and Neuralink, a startup that is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. 

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Varieties

'Amphibious Mouse' among 27 New Species Discovered in Peru's Amazon

A clearwing butterfly (Oleria sp.) specimen, from one of the 218 species of butterflies observed during an expedition to the Peruvian region of Alto Mayo, is pictured, June 8, 2022. Conservation International/photo by Marlon Dag/Handout via REUTERS
A clearwing butterfly (Oleria sp.) specimen, from one of the 218 species of butterflies observed during an expedition to the Peruvian region of Alto Mayo, is pictured, June 8, 2022. Conservation International/photo by Marlon Dag/Handout via REUTERS
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'Amphibious Mouse' among 27 New Species Discovered in Peru's Amazon

A clearwing butterfly (Oleria sp.) specimen, from one of the 218 species of butterflies observed during an expedition to the Peruvian region of Alto Mayo, is pictured, June 8, 2022. Conservation International/photo by Marlon Dag/Handout via REUTERS
A clearwing butterfly (Oleria sp.) specimen, from one of the 218 species of butterflies observed during an expedition to the Peruvian region of Alto Mayo, is pictured, June 8, 2022. Conservation International/photo by Marlon Dag/Handout via REUTERS

An "amphibious mouse" with partially webbed feet that eats aquatic insects was among 27 new species discovered during a 2022 expedition to Peru's Amazon, according to Conservation International.

Scientists also discovered a spiny mouse, a squirrel, eight types of fish, three amphibians and 10 types of butterflies, Trond Larsen, head of Conservation International's Rapid Assessment Program, told Reuters this week.

He added that another 48 species found by investigators were potentially new, but needed further study.

The new species were found in Alto Mayo, a protected area with several ecosystems, Indigenous territories and villages.

"Discovering so many new species of mammals and vertebrates is really incredible, especially in such a human-influenced landscape as Alto Mayo," Larsen said.

The expedition between June and July 2022 was made up of 13 scientists plus local technicians and members of Indigenous groups.

"It was really fantastic to work so closely with the Awajun people. They have extensive traditional knowledge about the forests, animals and plants they live side-by-side with," Larsen said.

Among the new species, Larsen highlighted the spiny mouse that has stiff fur, the amphibious mouse, and a dwarf squirrel that measures 14 cm (5.5 in).

"(The squirrel) fits so easily in the palm of your hand. Adorable and beautiful chestnut-brown color, very fast," Larsen said. "It jumps quickly and hides in the trees."

Another favorite discovery was the blob-headed fish, a type of armored catfish, he said.

A total of 2,046 species were recorded during the 38-day expedition using camera traps, bioacoustic sensors and DNA sampling. Among them, 49 were classified as threatened, including the yellow-tailed woolly monkey and the tree monkey.

Larsen said the discoveries reinforced the need to protect the area.

"Unless steps are taken now to safeguard these sites and help restore parts of the landscape ... there's a strong chance they won't persist in the long term," Larsen said.