Bernard Arnault Surpasses Elon Musk as World’s Richest Person
Bernard Arnault, the chairman and CEO of LVMH, the luxury goods giant that owns Louis Vuitton, did indeed surpass Elon Musk as the world's richest person. It's an interesting shift, and it will be fascinating to see how long Arnault can hold onto the top spot.
Bernard Arnault, the 74-year-old CEO and chairman of LVMH, a company that owns fancy brands like Louis Vuitton, Dior, and Sephora, has become the world's richest person. Arnault's wealth, along with his family, went up by a whopping $23.6 billion last Friday, reaching a total of $207.8 billion, according to Forbes. This put him ahead of Elon Musk, the CEO of Tesla, who had a net worth of $204.5 billion at the time.
Arnault spent over 40 years building up his luxury empire, adding famous brands like Tiffany & Co., Bulgari, ...