The luxury titan is now worth an estimated $199.9 billion, beating out Amazon's Jeff Bezos for the top spot, according to Forbes.
BACK ON TOP: Luxury titan Bernard Arnault is again the world’s richest man, according to Forbes. The chairman and chief executive officer of LVMH Moët Hennessy Louis Vuitton bumped Jeff Bezos from the top slot with a net worth of $199.9 billion, topping the Amazon founder and chairman’s $194.9 billion. Tesla founder Elon Musk was in third with a net worth of $185.5 billion.
While Bezos has been busy blasting himself into space via his Blue Origin rocket, Amazon’s shares haven’t been quite as lofty of late, slumping on Friday to $3,344.94 after hitting a one-month high on July 12 of $3,761. LVMH’s shares, meanwhile, have gone in the other direction, and on Friday rose slightly to close at 698.2 euros.
And while Arnault might not be donning a jumpsuit, cowboy boots and a cowboy hat to go into space, he does have a new blue bauble he can call his very own: iconic jeweler Tiffany, which LVMH acquired last year for $15.8 billion and is in the process of buffing up. Clearly the stock market prefers diamonds to star dust.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dolly Parton’s Net Worth Revealed: The Staggering Success Of America’s Country Music QueenWhile she may be best known for her country crooning, her investment in Dollywood has helped her become one of the richest musicians in the world.
Leer más »
Dolly Parton’s Net Worth Revealed: The Staggering Success Of America’s Country Music QueenWhile she may be best known for her country crooning, her investment in Dollywood has helped her become one of the richest musicians in the world.
Leer más »
Ant McPartlin repaired broken friendship with 'furious' Dec before best man askAnt McPartlin and Declan Donnelly have been best friends ever since they were cast on Byker Grove at the tender age of 13, but despite their history the pair almost parted ways after a scandal
Leer más »
First-Ever Band-Sanctioned Led Zeppelin Doc in on the Way'Becoming Led Zeppelin,' the first-ever, band-sanctioned documentary, will premiere at the Venice Film Festival this September
Leer más »
Athletics-Norway's Ingebrigtsen upsets Cheruiyot to win 1,500 metres goldJakob Ingebrigtsen of Norway won gold in the Olympic men's 1,500 metres final on Saturday, breaking the Games record to upset world champion Timothy Cheruiyot of Kenya who took silver.
Leer más »
Fenty’s Fortune: Rihanna Is Now Officially A BillionaireHow the singer became the richest female musician on the planet. Hint: It wasn’t from performing.
Leer más »