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Friday, November 8, 2024
CEOWORLD magazine - Latest - Stats Gate - French Tycoon Bernard Arnault Is Once Again the World’s Richest Person

Stats Gate

French Tycoon Bernard Arnault Is Once Again the World’s Richest Person

French luxury mogul Bernard Arnault’s net worth topped $195.4 billion — beating Jeff Bezos to become the richest person in the world. Arnault’s entire family net worth puts him a mere $2.1 billion above Bezos. Both Arnault and Bezos sit comfortably above third-place runner-up Elon Musk.

Bernard Arnault is the chief executive of LVMH, which has a market capitalization of more than $400 billion, in which he holds a 47.5% stake. Its subsidiaries include Louis Vuitton, Moët & Chandon, Christian Dior and Tiffany & Co.

Bezos’s net worth fell $13.9 billion after the retailer posted second-quarter earnings Thursday afternoon that fell short of analyst expectations. Despite stepping down as CEO of Amazon, Bezos owns about 11% of the company and serves as the firm’s executive chairman. He still holds a $13 billion lead over the Tesla founder.

Amazon.com Inc.’s weaker-than-expected second-quarter results also lowered the net worth of Bezos’ ex-wife, MacKenzie Scott, to an estimated $56 billion, a $4.6 billion drop on Friday, making her the 22nd-richest person in the world.

Top 10 richest people in the world

  1. Bernard Arnault: $195.4 billion
  2. Jeff Bezos: $192.4 billion
  3. Elon Musk: $179.4 billion
  4. Bill Gates: $131.6 billion
  5. Mark Zuckerberg: $128.2 billion
  6. Larry Page: $115.2 billion
  7. Larry Ellison: $112.6 billion
  8. Sergey Brin: $111.5 billion
  9. Warren Buffett: $101.0 billion
  10. Francoise Bettencourt Meyers: $92.0 billion

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CEOWORLD magazine - Latest - Stats Gate - French Tycoon Bernard Arnault Is Once Again the World’s Richest Person
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.