The world’s richest person, Amazon founder Jeff Bezos, has now been overtaken by the chairman of Louis Vuitton Bernard Arnault. According to Forbes’ list of the world’s richest individuals, Bernard currently tops the list.
Bernard became the richest man because of his world’s most renowned company, Louis Vuitton. With the sudden surge in shares of the company, the company’s value has also risen sharply. This benefited the owner of the company Bernard Arnault. According to Forbes, the total health of Bernard Arnault is estimated at $19,890 million. Whereas, the total property of Jeff Bezos is estimated to be at $19,490 million. The chief of Tesla and SpaceX Elon Musk slipped to third place with his net worth of $185.5 billion.
Louis Vuitton is a French company that makes clothes, cosmetics, fashion accessories, jewelry, wine, purses, and many other fashion-related products. Barnard oversees an empire of 70 brands including Louis Vuitton and Sephora. Its products are quite popular among people all over the world. Bernard had been at the top thrice before in December 2019, January 2020, and May 2021.