Bernard Arnault, founder of French luxury goods company LVMH, has overtaken SpaceX CEO Elon Musk as the world’s richest person. This information was found in Forbes Magazine’s Real-Time Billionaires List.
Bernard Arnault and his family topped the Forbes list. Currently, the wealth of this French businessman and his family stands at 207.2 billion dollars. On the contrary, Elon Musk, who is second in the list of the richest people, has a net worth of 204.7 billion dollars. Jeff Bezos is third on the list. His net worth is 181.3 billion dollars.
According to the Forbes Real-Time Billionaires List, Arnold and his family’s net worth increased by $23.6 billion to $207.8 billion on Friday, January 26th. Where Elon Musk’s wealth on that day was 204.5 billion dollars. As a result, Elon Musk, CEO of electric car maker Tesla, fell from the top position in the list of rich people.
Indian news outlet NDTV reported that Bernard Arnault’s wealth swelled to a $200 billion milestone in April last year, riding on LVMH’s share price. Arnault is the third person in the world to achieve this milestone. Earlier this milestone was reached by Elon Musk and Jeff Bezos.
Arnault’s wealth has grown to $39 billion as LVMH shares rise 30 percent in 2023 due to rising demand for luxury goods.
