Follow us on Image Source : AP/REUTERS Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton (L) and Tesla CEO Elon MuskBernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, is now crowned as the world's richest man-- overtaking electric car Tesla CEO Elon Musk. The major shift in the Forbes Magazine list of the world's richest person's order came after the 74-year-old founder's company registered a 10 per cent rise in fourth-quarter sales. According to Forbes, Bernard Arnault and his family currently hold a personal fortune of $207.6 billion. Arnault, who owns the world's biggest luxury group, also owns Dior and Tiffany. Besides the leather industry, Arnault owns 74 perfumes, cosmetics, watches, and jewellery.

Source: Forbes January 28, 2024 06:32 UTC