Bernard Arnault Was Briefly the World?s Richest Person
The French fashion tycoon?s net worth exceeded Amazon?s Jeff Bezos for a short period of time on Monday morning before Bezos eventually reclaimed the top spot later in the day.
The post Bernard Arnault Was Briefly the World?s Richest Person appeared first on LUXUO.
Image Credit: Courtesy of Reuters
In the early hours of Monday morning, Chairman and CEO of luxury conglomerate LVMH, Bernard Arnault?s net worth rose to US$186.3 billion, surpassing Jeff Bezos? worth at the time by US$300 million, according to Forbes? real-time billionaire tracker. This made Arnault the world?s richest person for a few hours before Bezos eventually reclaimed his title after the markets opened in New York, pushing up Amazon?s shares.
After briefly dropping to No. 2, Jeff Bezos is again the richest person in the world https://t.co/YVWLRRdfTH pic.twitter.com/U8bWQ4ErmJ— Forbes (@Forbes) May 24, 2021
While Bernard Arnault and family may not be at the top of the list, the drastic increase in their fortune since March last year has been nothing short of astounding. LVMH?s incredible performance despite the Covid-19 pandemic in the last 14 months played a key role in advancing Arnault?s fortune which rose from US$76 billion in March 2020 to US$186.3 billion on Monday morning.
LVMH is a luxury conglomerate overseeing 75 global luxury brands specialising in a number of different fields including, couture fashion, fine leather goods and alcohols. Some of the most recognised brands under ...
The post Bernard Arnault Was Briefly the World?s Richest Person appeared first on LUXUO.
Image Credit: Courtesy of Reuters
In the early hours of Monday morning, Chairman and CEO of luxury conglomerate LVMH, Bernard Arnault?s net worth rose to US$186.3 billion, surpassing Jeff Bezos? worth at the time by US$300 million, according to Forbes? real-time billionaire tracker. This made Arnault the world?s richest person for a few hours before Bezos eventually reclaimed his title after the markets opened in New York, pushing up Amazon?s shares.
After briefly dropping to No. 2, Jeff Bezos is again the richest person in the world https://t.co/YVWLRRdfTH pic.twitter.com/U8bWQ4ErmJ— Forbes (@Forbes) May 24, 2021
While Bernard Arnault and family may not be at the top of the list, the drastic increase in their fortune since March last year has been nothing short of astounding. LVMH?s incredible performance despite the Covid-19 pandemic in the last 14 months played a key role in advancing Arnault?s fortune which rose from US$76 billion in March 2020 to US$186.3 billion on Monday morning.
LVMH is a luxury conglomerate overseeing 75 global luxury brands specialising in a number of different fields including, couture fashion, fine leather goods and alcohols. Some of the most recognised brands under ...
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