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French billionaire Bernard Arnault Becomes The World’s Wealthiest Man

With an incredible US$192.2 billion fortune, Bernard Arnault, the boss of Moet Hennessy Louis Vuitton (LVMH), is now reportedly the world’s wealthiest man, placing him above Amazon boss Jeff Bezos who is said to be worth US$187 billion.

Elon Musk, the head of Tesla, is said to be the third wealthiest man in the world. Musk is thought to be worth US$156.4 billion, according to the publication.

Bernard Arnault’s name may be new to some, but the French tycoon has been one of the top 5 wealthiest people globally since 2018 and has been a billionaire for well over a decade.

He oversees an empire that includes many iconic French luxury brands, including; Christian Dior, Givenchy, Marc Jacobs, Stella McCartney, Loro Piana, Kenzo, Celine, Fenty, Princess Yachts, and Bulgari. His luxury group, LVMH (Louis Vuitton Moët Hennessy), also spans wines and spirits, perfumes and cosmetics, watches and jewellery, and hospitality industries. In January 2021, LVMH Moët Hennessy Louis Vuitton completed a deal for Tiffany & Co for nearly $16 billion, in what is possibly the largest luxury brand acquisition in history.

Here are the 10 wealthiest individuals worldwide

  1. Bernard Arnault (US$192.2 billion)
  2. Jeff Bezos (US$187 billion)
  3. Elon Musk (US$156.4 billion)
  4. Bill Gates (US$126.8 billion)
  5. Mark Zuckerberg (US$119.2 billion)
  6. Warren Buffett (US$109.5 billion)
  7. Larry Page (US$102.8 billion)
  8. Larry Ellison (US$102.7 billion)
  9. Sergey Brin (US$99.6 billion)
  10. Francoise Bettencourt Meyers (US$89.5 billion)

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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