Bernard Arnault holds a net worth of $198.9 billion compared to Jeff Bezos' $194.9 billion and Tesla owner Elon Musk's $185.5 billion, according to Forbes Real-Time Billionaires List.
Before this, Bernard Arnault led the list of the world's wealthiest people in December 2019, January 2020, May 2021 and July 2021. Arnault holds a net worth of $198.9 billion compared to Jeff Bezos' $194.9 billion and Tesla owner Elon Musk's $185.5 billion, according to Forbes Real-Time Billionaires List on Friday.
Jeff Bezos’ net worth tanked by $590 million and stands at $194.9 billion whereas Musk has a net worth of $184.7 billion, the Forbes' list showed.
Bernard Arnault, the 72-year old French billionaire, heads the world’s leading fashion brand Louis Vuitton Moet Hennessy (LVMH). LVMH oversees an empire of 70 brands including Givenchy, Guerlain, Marc Jacobs, Sephora, Tiffany & Co, Emilio Pucci, Fendi, Loro Piana, Nicholas Kirkwood, Thomas Pink, RM Williams, EDUN, Moynat, and Donna Karen. It also includes TAG Heuer, De Beers and Bulgari. Arnault owns a 96.5 per cent stake in Christian Dior, which controls 41 per cent of LVMH.
Forbes Real-Time Billionaires List showed Elon Musk is followed by Microsoft founder Bill Gates at $132.0 billion, Facebook founder Mark Zuckerberg at $130.6 billion, Google co-founders Larry Page at $116.5 billion and Oracle co-founder Larry Ellison at $116.4 billion and Sergey Brin at $112.8 billion. Warren Buffet's net worth has now come down to $101.6 billion, according to the Forbes list.
Reliance Industries Limited (RIL) chairperson Mukesh Ambani is ranked 12th on this list with a net worth of $79.8 billion. On the other hand, Gautam Adani fell seven places to the 23rd spot and currently has a net worth of $55.6 billion and HCL Technologies' founder Shiv Nadar’s net worth rose to $25.8 billion, Forbes Real-Time Billionaires List also showed.
