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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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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received 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. 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.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.


Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.