Tuesday, August 10, 2021

Bernard Arnault: World’s New Richest Man


Amazon founder Jeff Bezos has lost his status as world's richest man to luxury goods owner Bernard Arnault, just weeks shooting a crew into space. The LVMH CEO has had a fantastic few weeks, with the luxury conglomerate's stock rising, boosting his personal fortune to an estimated USD$196 billion and putting him solidly in first place on Forbes' wealthy list. To put that in context, Bezos' net worth is merely USD$186 billion. 


Bernard Arnault is now the world's richest man, with a net worth of USD$196 billion, thanks to news of LVMH's growth and Amazon's decline. Jeff Bezos, the creator of Amazon, is in second place with USD$186 billion, while Elon Musk rounds out the top three richest men in the world. Tesla CEO Elon Musk has a net worth of more than USD$160 billion because to his 22.4 percent interest in the electric car company and his SpaceX assets.

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