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
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.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.