Louis Vuitton Owner Bernard Arnault Beats Amazon’s Jeff Bezos Becomes The World’s Richest Person
August 04, 2021Bernard Arnault, the owner of popular luxury brand, Louis Vuitton has beaten Amazon's Jeff Bezos to become the world’s richest person. This is following the news of Bezos net worth drop, which reportedly saw him losing $13.9 billion in a day.
This isn't the first time Arnault has led the list of the world's wealthiest people.
In December 2019, January 2020, May 2021, and July 2021, he reached number one.
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Givenchy, Guerlain, Marc Jacobs, Sephora, Tiffany & Co., Emilio Pucci, Fendi, Loro Piana, Nicholas Kirkwood, Thomas Pink, R.M Williams, EDUN, Moynat, and Donna Karen are all part of Bernard Arnault's LVMH empire, which also includes TAG Heuer, De Beers, and Bulgari.
Arnault owns a 96.5 per cent stake in Christian Dior, which controls 41 per cent of LVMH.
Third in the list of the world's richest is Tesla's Elon Musk, followed by Microsoft founder, Bill Gates. Others in the list include Facebook's Mark Zuckerberg, Larry Page (Google), Larry Page (Oracle), Sergey Brin (Google), Warren Buffett (Berkshire Hathaway) and Francoise Bettencourt Meyers (L'Oréal).
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