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Friday, July 12, 2024
CEOWORLD magazine - Latest - Stats Gate - LVMH chief Bernard Arnault Reclaims Spot As The Richest Person on Earth

Stats Gate

LVMH chief Bernard Arnault Reclaims Spot As The Richest Person on Earth

Days after losing the title of the richest person on earth to Amazon’s Jeff Bezos, LVMH chief Bernard Arnault reclaimed the No. 1 spot. With a shocking net worth of $194.8 billion, Arnault has moved ahead of Bezos. Bezos is now listed at $193.4 billion, as of June 12, 2021.

Imagine if you’d noticed.

A vast majority of Jeff Bezos’ wealth is tied up in his Amazon shares — Bezos owns about 10 percent of the e-commerce giant — in addition to an estimated $19 billion worth of cash and investments, $500 million in real estate, plus aerospace company Blue Origin and the Washington Post.

Right now, it’s mainly a battle between Bernard Arnault, the CEO and Chairman of LVMH Moët Hennessy Louis Vuitton SA (OTCPK:LVMHF) (OTCPK:LVMUY) and Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos that has seen the two bounce back and forth several times between first and second places, which will probably continue to happen. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk ranks third on the list, followed by Bill Gates, Mark Zuckerberg, and Warren Buffett.

The world’s top 10 richest people, as of June 12, 2021

  1. Bernard Arnault: $194.8 billion
  2. Jeff Bezos: $193.4 billion
  3. Elon Musk: $153.2 billion
  4. Bill Gates: $126.8 billion
  5. Mark Zuckerberg: $120.1 billion
  6. Warren Buffett: $108.1 billion
  7. Larry Ellison: $106.9 billion
  8. Larry Page: $106.2 billion
  9. Sergey Brin: $102.9 billion
  10. Francoise Bettencourt Meyers: $91.7 billion

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CEOWORLD magazine - Latest - Stats Gate - LVMH chief Bernard Arnault Reclaims Spot As The Richest Person on Earth
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. 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 CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.