Bernard Arnault has reclaimed his position as the richest man in the world according to the Forbes rich list.
Arnault temporarily lost the top position after experiencing a $3bn decline in his net worth on Thursday, dropping from $202bn to $199bn within 24 hours. However, he quickly regained his status as the richest man in the world by gaining $460m in less than 24 hours.
Bernard Arnault, born on March 5, 1949, founded and leads LVMH Moët Hennessy Louis Vuitton SE, the world’s largest luxury goods company, renowned for its strategic acquisitions and diverse portfolio spanning fashion, jewelry, watches, and wine.
Arnault, nicknamed “The Terminator” for his aggressive business strategies, is also celebrated for his philanthropic endeavors, notably in arts and culture, exemplified by the Louis Vuitton Foundation.
With an estimated net worth of US$ 231.5 bn as of March 22, he is the world’s richest person, showing his profound influence on business and culture.
Following closely is Jeff Bezos, founder of Amazon with a net worth of $196.3bn, and Elon Musk owner of Telsa, net worth of $193.7bn.
Meanwhile, Mark Zuckerberg, founder of Facebook, and LarryOracle founder with an estimated net worth of 178.0bn and 158.7bn respectively.
According to the Forbes Real Time Billionaire Index, here are the current top 10 billionaires as of March 22.
Bernard Arnault — $231.5bn
Jeff Bezos — $196.3bn
Elon Musk — $193.7bn
Mark Zuckerberg — $178.0bn
Larry Ellison — $158.7bn
Warren Buffett — $136.5bn
Bill Gates — $131.7bn
Steve Ballmer — $126.6bn
Larry Page — $123.3bn
Sergey Brin — $118.6bn
