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Bernard Arnault overtook Jeff Bezos, becomes the richest man in the world

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French fashion tycoon, Bernard Arnault 72, surprisingly overtook Bezos to become the world’s richest man after his net worth climbed to $186.3billion in 14 months. 

The chief executive of Moët Hennessy Louis Vuitton (LVMH) saw his luxury goods firm stock increase by 0.4 per cent during the first hours of trading on Monday, May 24. 

Arnault’s overall net worth jumped to $186.3billion, edging past Amazon CEO Jeff Bezos, who is worth $186billion, by ‘only’ $300million in the world’s rich list. 

It comes just days after Arnault pushed Elon Musk, worth $147.3billion, out of his spot as the world’s second-richest man after Tesla’s share price sank. 

Arnault, has seen his fortune jump more than $110million in the past 14 months thanks to his French luxury goods firm LVMH, which owns the likes of Louis Vuitton, Fendi, Christian Dior, and Givenchy in its portfolio of 70+ luxury brands.


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