Global 360Headline

Bernard Arnault has been surpassed by Jeff Bezos to become the richest person in the world with $201 billion.

1 Mins read
Jeff Bezos now world’s richest with $201bn, overtakes Bernard Arnault
whatsapp sharing button

Jeff Bezos, the founder of Amazon, on Thursday, replaced Bernard Arnault, a French entrepreneur, as the world’s richest person.

According to data from Bloomberg Billionaires Index, Bezos has a net worth of $201 billion.

His net worth rose by $2 billion, from $199 billion on March 20.

The publication said Bezos’ source of wealth is from his e-commerce and cloud computing company, Amazon, as well as investments in media and streaming markets.

Advertisement

Arnault dropped from the top position after a $3 billion decline in his net worth, which fell from $202 billion to $199 billion within 24 hours.

Despite the significant drop in his net worth, Arnault, the owner of Louis Vuitton and Moët Hennessy (LVMH), was ranked second on the list of the richest people in the world.

Arnault is described as an investor and art collector, with an empire of 75 fashion and cosmetics brands, which includes Sephora.

The French businessman also owns jeweller, Tiffany & Co. after acquiring the company for $16 billion in 2021.

Elon Musk, owner of Tesla, follows the Frenchman closely in third position, with a net worth of $189 billion.

Meanwhile, Mark Zuckerberg, Facebook founder, and Bill Gates, Microsoft founder, with an estimated wealth of $179 billion and $153 billion, respectively, complete the top five.

The current top 10 richest people in the world are

  • Jeff Bezos-$201 billion
  • Bernard Arnault-$199 billion
  • Elon Musk-$189 billion
  • Mark Zuckerberg-$179 billion
  • Bill Gates-$153 billion
  • Steve Ballmer-$147 billion
  • Larry Ellison-$142 billion
  • Warren Buffett-$138 billion
  • Larry Page-$135 billion
  • Sergey Brin-$128 billion
See also  Coronavirus: Amazon boss Jeff Bezos adds $24bn to fortune
Related posts
Global 360

Alibaba's AliExpress pushes '10 billion yuan of subsidies' campaign to entice more Chinese brands and merchants to sell in overseas markets

2 Mins read
Alibaba’s AliExpress pushes ’10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets Alibaba…
Global 360

Collaborative Robotics is prioritizing ‘human problem solving’ over humanoid forms

1 Mins read
Collaborative Robotics is prioritizing ‘human problem solving’ over humanoid forms Humanoids have sucked a lot of the air out of the room….
Global 360

Luxembourg faces a shortage of skilled workers in 24 job segments

1 Mins read
Luxembourg faces a shortage of skilled workers in 24 job segments Luxembourg is facing a significant shortage of suitable candidates in 24…

Leave a Reply

Your email address will not be published. Required fields are marked *