The list of the world’s richest people saw a big change on Monday. Bernard Arnault, a 72-year-old businessman from France, reached number one on the list of the world’s richest people. They found the place beating Amazon owner Jeff Bezos. According to the latest figures from Forbes, Bernard Arnault had total assets of $ 186.3 billion. Amazon CEO Jeff Bezos has a net worth of $ 186 billion and Tesla CEO Musk has a net worth of $ 147.3 billion.
A huge jump in the last 14 months
Bernard Arnault’s fortunes have changed over the last 14 months. Bernard, chairman of the fiction company LVMH, saw a rise of $ 110 billion in assets over the last 14 months. Bernard’s wealth alone increased by $ 76 billion in March.
On Monday, LVMH saw a gain of 0.4 percent in business. The company’s market cap had grown to $ 320 billion. As a result, Bernard’s personal stake exceeded $ 600 million. According to LVMH, there was a tremendous jump in sales of the company in the last quarter. Forbes’ ranking of real-time billiards varies every day. Changes are seen due to updates every five minutes.