Luxury and Legacy: Bernard Arnault, the Wealthiest Person in the World
lifestyle Jan 29 2024
Author: Ishwi Singh Image Credits:pinterest
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Elon Musk
Elon Musk held the title of the world’s richest person in the world for the past two years. Recently, a 74-year-old businessman from France surpassed him in terms of wealth.
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Bernard Arnault
French billionaire and CEO of LVMH Moet Hennessy Louis Vuitton, Bernard Arnault has earned the title of the world’s richest man, surpassing Elon Musk.
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Total assets
Presently, Bernard Arnault’s wealth is reported at $207 billion, making him the wealthiest person globally. Elon Musk holds the second position with assets totalling $204 billion.
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60 luxury companies
Bernard Arnault is a prominent French billionaire who possesses over 60 luxury companies and over 70 brands. There are approximately 7000 stores worldwide.
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Louis Vuitton
Bernard Arnault, often referred to as the Godfather of the fashion industry, is the CEO of luxury brand Louis Vuitton.
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Bernard Arnault’s assets represent 3 percent of France’s economy.
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Personal life
Bernard Arnault has been married twice and has five children, all of whom hold significant positions within the LVMH.