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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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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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