Shocking: Jeff Bezos Loses Spot as World’s Richest Person
-
Amazon founder Jeff Bezos has lost his spot as the richest person in the world
-
The American billionaire has been overtaken by French fashion tycoon Bernard Arnault
-
According to Forbes real-time billionaire list, Bezos is currently worth $194.9 billion while Bernard Arnault is worth $199.9 billion
The battle of billionaires has taken another turn as another person has made his way to the top of the rich list.
Amazon founder Jeff Bezos has been surpassed by French fashion tycoon Benard Arnault according to Forbes real-time billionaires list.
According to the media house, American billionaire Jeff Bezos has a net worth of $194.9 billion, which is $5 billion short of Arnault’s $199.9 billion.
Both are followed by Tesla founder and CEO Elon Musk who is worth $185.5 billion at the time of this report.
This is the second time that the Louis Vuitton boss will become the richest person in the world in 2021, having previously done it in May.
Where Does Bernard Arnault Get His Wealth?
Bernard Arnault is a French billionaire and investor and he acts as the chairman and CEO of luxury conglomerate LVMH.
LVMH is a luxury goods company that was formed in 1987 when Loius Vuitton merged with Moët Hennessy.
LVMH manages several world-famous brands such as Christian Dior, Givenchy, Fenty, and Marc Jacobs.
Follow Naija.fm on our social media handles Facebook, Instagram, and Twitter to keep up with trending news, breaking news, entertainment news.
