1XBit

Jeff Bezos Slips to Number 2 as Bernard Arnault Becomes World’s Richest Man

| Updated
by Oluwapelumi Adejumo · 3 min read
Jeff Bezos Slips to Number 2 as Bernard Arnault Becomes World’s Richest Man
Photo: Depositphotos

Bernard Arnault has been in the limelight for the best part of the last 5 years when his name has been amongst those of the wealthiest people on earth. 

According to available reports, the richest man in the world is no longer the CEO of Amazon.com Inc (NASDAQ: AMZN) Jeff Bezos, that title now belongs to the boss of Moet Hennessy Louis Vuitton (LVMH) Bernard Arnault, who has a net worth of $192.2 billion.

Per the report, Bezos now sits second on the list with a worth of $187 billion. While the founder and CEO of Tesla Inc (NASDAQ: TSLA) and SpaceX Elon Musk ranks third with a fortune of $156.4 billion.

Bernard Arnault Takes Over Jeff Bezos

One interesting fact is that people know little about Arnault. But he has been in the limelight for the best part of the last 5 years when his name has been amongst those of the wealthiest people on earth.

The French tycoon brands range from Christain Dior, Givenchy, Marc Jacobs, Stella McCartney, Loro Piana, Kenzo, Celine, Fenty, Princess Yachts, and Bulgari. Also is his LVMH, whose businesses include wines and spirits, perfumes and cosmetics, watches and jewelry, and hospitality industries. Earlier in January, he acquired Tiffany & Co, for approximately $16 billion, which is arguably the largest luxury brand acquisition in history.

Bill Gates, Mark Zuckerberg Others Round off List of Top 10

Former Microsoft Corporation (NASDAQ: MSFT) boss Bill Gates had held the position of the richest man in the world for the best pet of a decade. The philanthropist, however, has slipped down the pecking order and now ranks behind Arnault, Bezos and Musk. He has amassed wealth worth $126.8 billion.

Experts, however, suggest that his recent divorce with his wife of 27 years, Melinda Gates, could cut into his wealth which could lead to him dropping further below the chart.

Another notable name on the list is Mark Zuckerberg, the founder of the social media behemoth, Facebook. Per the report, Zuckerberg is worth $119.2 billion, with his wealth coming majorly from his company.

Warren Buffett, affectionately referred to as the Oracle of Omaha, is number six. He is reportedly worth $109 billion. The billionaire philanthropist is widely acclaimed for his knack for investments and many hail him as “one of the most successful investors in the world.”

Larry Page, the CEO of the largest search engine Google, is also on the list of the richest people in the world. He, alongside Sergey Brin – who is also on the list – founded the search engine site. Page is ranked eighth on the list with a net worth of $102 billion while Brin is worth $99.6 billion.

Francoise Meyers takes the tenth position on the ranking with a worth of $89.5 billion. She is the only woman in the top 10 and unarguably the richest woman in the world.

Business News, News, Personal Finance
Oluwapelumi Adejumo

Oluwapelumi is a believer in the transformative power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas. When he is not writing, he is looking to meet new people and trying out new things.

Related Articles
EarnBet