Bernard Arnold, CEO of LVMH, Tops World’s Richest List

by time news

2024-01-28 10:55:28

Bernard Arnold, chairman and CEO of global luxury goods conglomerate LVMH, now tops the world’s richest list. He has overtaken Elon Musk to become the top richest person in the world.

Bernard Arnold is the CEO of LVMH. The 74-year-old has also established and popularized brands such as Fendi and Hennessy. It is seen as the biggest luxury brand in the world.

Arnold, who became the world’s richest man in December last year, has seen LVMH shares fall as much as 10 percent since the launch last April. At one point, Arnold’s net worth plummeted to $11 billion in one day. After that, Elon Musk became the world’s number one richest man.

In this case, Arnold and his family’s net worth has risen to 207.8 billion dollars, making him the top richest person in the world.

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