Bernard Arnault Becomes World's Richest Person For Short Time-Span
Bernard Arnault, the owner of luxury fashion-brand Louis Vitton Moet Hennesy (LVMH), surpassed Jeff Bezos on May 24 to become the world's richest person for a short time-span. Arnault's net worth stood at $186.3Bn after his personal stake rose by $600Mn, owing to hike in LVMH's share prices. The French tycoon had surpassed Bezos ($186Bn) for the no.1 spot in 2019 also. However, Bezos has clinched the top position again.