Jeff Bezos, the founder of Amazon and until recently the number one multimillionaire in the world, battled head-to-head with French fashion tycoon Bernard Arnault in the race to become the number one spot on Forbes’ global wealth ranking.
On Monday morning, Bernard Arnault managed to become the richest man in the world, his fortune is estimated at 156.3 billion euros, which is 251.37 million euros more than the founder of Amazon and Blue Origin. Elon Musk kept his third place intact with a net worth of € 123.42 billion.
Arnault’s achievement was mainly due to a 0.4% rise in the shares of LVMH group, owner of such big names as Fendi, Christian Dior, Givenchy and Louis Vuitton, this morning, increasing the market capitalization by 268.13 billion euros. , which raised the cost of participation of the French millionaire to more than 502.74 million euros.
Jeff Bezos returned to the top spot in the multimillionaire rankings on Tuesday afternoon due to the fall in LVMH share price after being ousted again by the French tycoon at 17:00 in Lisbon.
Since March 2020, Arno’s fortune has increased by about 89 billion euros.
In the same period (from the end of the third quarter of last year to the present) François Pinault’s net worthtArnault’s direct competitor and owner of luxury brands Saint Laurent, Alexander McQueen and Gucci grew by just 16 billion euros, even lagging behind brothers Alain Wertheimer and Gerard Wertheimer, owners of Chanel, whose net assets doubled in the same time. staff, from 14.24 billion euros to 47.76 billion euros.
Even Françoise Bettencourt Meyers, the heiress of L’Oréal, has made a bigger financial leap than Pinault: her net worth was estimated at 73.57 billion euros on Monday.
