This Monday morning Bernard Arnault became the world’s richest person .He is a residence of Roubiax ,France. And also a French Billionaire , investor , businessman and art collector . He is currently the chief executive of LVMH and also chairman . His net worth is estimate to be of $186.3 billion , putting him $300 million above Jeff Bezos , Jeff Bezos worth –$ 186 billion and Elon Musk having a net worth of $147,3 billion .
His net worth In March 2020 was $76 billion and now $ 186.3 billion on Monday , his fortune has jumped highly . A massive rise of over $ 110 billion in the last 14 months , thanks to pandemic – defying performance by his luxury group LVMH ( Louis Vuitton Moet Hennessy )
During this lockdown period LVMH and Arnault represent the remarkable rise of European’s luxury and fashion houses . Pushed by momentum of shoppers in china according to Jefferies analyst Flavio Cereda , the revenue which was recorded was of $17 billion for the first quarter of 2021 , up 32% compared to the same period in 2020 .
Over years the list of Forbes billionaires has been topped by and largely dominated by Americans. The number one spot has been occupied by many U.S citizens such as Bezos , Musk , Gates and Buffett for the best part of two decades , with only Mexicos Carlos Slim disrupting their dominance for a notable period of time .
Bernard made his debut for being in top ten In the mid 2005 , with a 13$ billion fortune . Bernard has been in the top since 2018 and was No . 11 the previous year . He was the third richest person in 2019 , having a $76 billion fortune .
Since the start of this pandemic there is a fluctuation in the net worths of the world’s richest .
Here is the list of top Billionaires
1. Bernard Arnault and Family
2. Jeff Bezos
3. Elon musk
4. Bill gates
5. Mark Zuckerburg
6. Warren Buffett
7. Larry Ellison
8. Larry Page
9. Sergey Brin
10. Amancio Ortega
