Louis Vuitton President Bernard Arnault names Jeff Bezos the richest in the world
Bernard Arnault, a French businessman and chairman of luxury accessories brand Louis Vuitton Moet Hennessy, became the richest person in the world on Friday, overtaking Amazon founder Jeff Bezos in wealth, according to the list. real-time billionaires from Forbes.
According to the list, the total wealth of Arnault, 72, and his family was $ 200.3 billion (Rs 14.84 lakh crore), while the total assets of Bezos were worth $ 194.9 billion. dollars (Rs 14.44 lakh crore). The billionaire list is dynamic, as the total assets of those who make it up fluctuate with changes in the stock prices of their companies.
Louis Vuitton Moet Hennessy d’Arnault oversees an empire of 70 brands including Louis Vuitton, Sephora, Tiffany & Co, Stella McCartney, Gucci, Christian Dior and Givenchy.
Arnault’s net worth rose sharply after Louis Vuitton struck a deal with US jeweler Tiffany in January for $ 15.8 billion (Rs 1.1 lakh crore). The deal is considered the largest luxury brand acquisition ever, according to Arnault’s biography on the Forbes List.
Tesla founder Elon Musk is third on the Forbes list with $ 185.5 billion (13.75 lakh crore). He landed first on the billionaire list earlier this year.
Microsoft co-founder Bill Gates, Facebook CEO Mark Zuckerberg, Google’s Larry Page and Sergey Brin, Larry Ellison, Warren Buffett and Françoise Bettencourt Meyers are in the top 10 on the list.