Bernard Arnault’s Fortune Surges Nearly $3 Billion Since Tiffany Deal

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Bernard Arnault’s Fortune Surges Nearly $3 Billion Since Tiffany Deal
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Bernard Arnault’s fortune has surged nearly $3 billion since the Tiffany deal

Just one day after striking a $16.2 billion deal to purchase Tiffany & Co., Bernard Arnault’s netJust one day after Bernard Arnault’s French luxury group LVMH struck a deal to buy American jeweler Tiffany & Co., the billionaire’s fortune is up 2.8%, or $2.85 billion. After a brief period as the world’s second-richest person earlier Tuesday, Arnault ended the day at number three, worth $107.

However, as of 4 p.m. Tuesday, Gates was in the No. 2 spot with a net worth of $107.5 billion, just $100 million more than Arnault’s $107.4 billion.that Arnault has taken the second-place spot from Gates. The two still lag behind Jeff Bezos, whose current net worth of $111.7 billion makes him the richest person on Earth.

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