Arnault surpasses Bezos and Musk to regain the title of the world's wealthiest individual
Bernard Arnault has surpassed Jeff Bezos, Elon Musk, Mark Zuckerberg, and others to reclaim his title as the wealthiest individual globally. This update comes from the latest Forbes Rich list, released on Friday.
Previously, Arnault briefly lost the top spot after a $3 billion decrease in his net worth on Thursday, which caused it to drop from $202 billion to $199 billion within a span of 24 hours.
Nevertheless, he swiftly reclaimed his title as the wealthiest individual on the globe by amassing an additional $460 million in under 24 hours.
Born on March 5, 1949, Bernard Arnault is the founder and chairman of LVMH Moët Hennessy Louis Vuitton SE, the world's largest luxury goods conglomerate. Known for its strategic acquisitions and a diverse portfolio encompassing fashion, jewelry, watches, and wine, LVMH stands as a testament to Arnault's visionary leadership.
Dubbed "The Terminator" for his assertive business tactics, Arnault is equally recognized for his philanthropic initiatives, particularly in arts and culture, as exemplified by the Louis Vuitton Foundation.
As of March 22, his estimated net worth stands at US$ 231.5 billion, solidifying his position as the wealthiest individual globally, underscoring his significant impact on both business and culture.
A deeper dive into the Forbes list reveals that Arnault is closely trailed by Jeff Bezos, the founder of Amazon, with a net worth of $196.3 billion, and Elon Musk, the proprietor of Tesla and X (formerly Twitter), with a net worth of $193.7 billion.
Meanwhile, Mark Zuckerberg, the founder of Facebook, and Larry Ellison, the founder of Oracle, possess estimated net worths of $178.0 billion and $158.7 billion, respectively.
See the full list of Forbes Real Time Billionaire Index:
Bernard Arnault — $231.5bn
Jeff Bezos — $196.3bn
Elon Musk — $193.7bn
Mark Zuckerberg — $178.0bn
Larry Ellison — $158.7bn
Warren Buffett — $136.5bn
Bill Gates — $131.7bn
Steve Ballmer — $126.6bn
Larry Page — $123.3bn
Sergey Brin — $118.6bn
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