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Bernard Arnault, Louis Vuitton Owner, Tops Wealth Charts

Bernard Arnault, Louis Vuitton Owner, Tops Wealth Charts

Bernard Jean Étienne Arnault, the visionary behind LVMH, a leading luxury goods conglomerate, ascends to the position of the world’s wealthiest individual after amassing a staggering $32.3 billion increase in his fortune within a single day. Surpassing Jeff Bezos, Arnault now holds the title of the richest person globally. His remarkable achievement solidifies his status as the wealthiest individual as his net worth skyrockets to $230 billion, according to the Bloomberg Billionaires Index.

Previously, Jeff Bezos had overtaken Bernard Arnault, but now finds himself in second place with a wealth of $202 billion. Elon Musk, the renowned entrepreneur behind Tesla and SpaceX, who previously held the top spot, now occupies the third position with assets totaling $185 billion. Mark Zuckerberg, the CEO of Meta, follows as the fourth richest person with assets valued at $181 billion, while Microsoft co-founder Bill Gates holds the fifth position with a fortune of $154 billion.

Read more: How Elon Musk Became The Richest Man In The World?

Bernard Jean Étienne Arnault serves as the chairman and chief executive of LVMH Moët Hennessy Louis Vuitton SE, overseeing a vast portfolio of luxury brands spanning fashion, leather goods, perfumes, cosmetics, watches, jewelry, wines, and spirits. Among the prestigious brands under LVMH’s umbrella are Louis Vuitton, Dior, Givenchy, Fendi, Sephora, Moët & Chandon, Hennessy, and many others.