Bernard Arnault.

Photo: Observer

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.

Tue, 25 May 2021 - 10:40 AM / by Harsh Vardhan

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