LVMH's Arnault takes over from Bezos as world's richest man

Monday, 24. May 2021 15:43

LVMH Moët Hennessy Louis Vuitton owner Bernard Arnault (pictured) and his family took over from Jeff Bezos as the world's richest, according to Forbes.

As of Monday, Forbes' Real-Time Billionaires is estimated Arnault's wealth at $186.4 billion, compared to Bezos' $186 billion. The LVMH owner's wealth rose by $765 million or 0.41% since the previous update. The luxury company's shares rose 0.40% at 3:30 am CET and gained 24% since the beginning of the year.

Meanwhile, Tesla founder Elon Musk is third on the list with a net worth of $147.3 billion, followed by Bill Gates at $125.5 billion.

Related Links: LVMH Moët Hennessy Louis Vuitton SE
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Breaking the News / NP