The top spot depicting the wealthiest person has just been shifted in a big way. The spot previously dominated by Elon Musk, then resurrected by Jeff Bezos, is now being completely dominated by none other than Bernard Arnault. With an astounding net worth of $191.1 billion, Bernard Arnault has taken the reigns as the top earner, and as Forbes highlights his incredible career in the world of haute-couture, it’s becoming clear that Arnault may be hanging on to this position of honor for quite some time.
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While Elon Musk continues to focus on space exploration and self-driving cars, and Jeff Bezos prepares to step down from his role as the CEO of Amazon, Bernard Arnault remains laser-focused on his career, and has managed to elbow both of these giants right out of their position as top earners in the world of wealth and fortune.
Those are familiar with Arnault’s success story are not surprised to see him edge forward and take over as the wealthiest man. The people that are less familiar with his work and the impact Arnault has had during his long career in the world of high fashion, are about to discover his true talents, and the many reasons why he is likely to remain in reign of his new title as the world’s wealthiest man
When it comes to earning big dollars, Bernard Arnault is no stranger to the game. The French business man has been heavily immersed as a mastermind and mogul in the fashion industry, and his efforts and dedication are now being more recognized than they ever have been in the past.
As the big boss behind Moet Hennessy Louis Vuitton (LVMH), his $191.1 billion fortune far surpasses that of Jeff Bezos, which currently stands at $187 billion, and pales in comparison.
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The business tycoon has actually been a billionaire for well over a decade, but is newly edging forward to rise above the 2 men that have more prominently held the top spot, Bezos, and Musk.
CEO World credits Arnault’s long-time involvement in big brands as being the catalyst behind his push to this level of wealth. “He oversees an empire that includes many iconic French luxury brands, including; Christian Dior, Givenchy, Marc Jacobs, Stella McCartney, Loro Piana, Kenzo, Celine, Fenty, Princess Yachts, and Bulgari. “
It doesn’t stop there, his luxury group, LVMH (Louis Vuitton Moët Hennessy), also happens to include spirits, a variety of cosmetic lines, fragrances, watches, and of course, jewelry. That’s just the tip of the iceberg, with other hospitality-based ventures under the umbrella as well.’
Time will tell how long Arnault can retain his position as the wealthiest man in the world, but for now, the spotlight is all his.
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Sources: CEO World, Forbes
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