Bernard Arnault , A French Business Magnete and Invester becomes the most richest person in the world surpassing Elon musk. He is the Co-founder, Chairman and Chief Executive Officer of LVMH Moët Hennessy – Louis Vuitton SE which is the world’s largest luxury Goods Company. He has an estimated net worth of 180 Billion Dollars making him the world’s most richest person surpassing Elon Musk who had 140 Billion Dollars. He almost owns half of the LVMH Company which had revenue of 70 Billion Dollars in 2021. His ultimate investments in Luxury Companies made him of the most richest person.
He turned out LVMH perfect goods provider with 75 labels selling wine, spirits, fashion, luxury Travels, cosmetics, luxury watches and Perfumes, jewelery, leather goods and hotel stays. Arnault graduated from the École Polytechnique which is in Paris with a degree of engineering. In 1971 he took control of his father’s construction. After this Bernard started investing and owning the luxury Company which led to his success. During the COVID-19 , He saw his wealth shrink by $30 billion as sales of luxury goods plummeted but again he regained the status of wealthiest man in the world, with his net worth of $180 Billion. He is also the first European to top Bloomberg’s list of the world’s richest people.