France, ta. Saturday 7 August 2021

Amazon CEO Jeff Bezos has been at the top of the list of the world’s richest people for the past several years. Now his reign is over. France’s Bernard Arnold, owner of Louis Vuitton company, has topped the list of world’s richest people, overtaking Jeff Bezos of the United States.

What is Louis Vuitton?

Louis Vuitton is a French company. It is also called LVMH or Moët Hennessy Louis Vuitton. The Louis Vuitton company manufactures clothing, cosmetics, fashion accessories, watches, perfumes, jewelry, wine, wallets and more. Louis Vuitton is one of the largest and most popular companies in the world.

The reason Bernard Arnold is the richest man is the Louis Vuitton company’s consistently best business. Recently, its share price has seen a rebound. The value of the Louis Vuitton company also skyrocketed, benefiting Bernard Arnold and becoming the world’s richest man at number one on the Forbes list.

Total assets

Bernard Arnold, a French businessman, currently has a net worth of 19.89 billion. This is according to a new ranking in the Forbes list. Jeff Bezos, who is now at the second position, has a net worth of 19.49 billion. In second place, Tesla and SpaceX owner Elon Musk have a net worth of 18.55 billion.

he is the richest man ever

Louis Vuitton owner Bernard Arnold has previously topped the list of the world’s richest people. Bernard had previously become the world’s richest person in December 2019, January 2020 and May 2021 and topped the Forbes list.