Bernard Arnault who with his family now tops the wealth of Elon Musk gradually built LVMH into a global luxury empire by buying up iconic brands, sealing his reputation as a formidable and insatiable businessman.
Elon Musk is no longer the world’s richest person, according to Bloomberg and Forbes’ rich lists.
The title now belongs to French businessman Bernard Arnau
As long as our species remains a social one, there will be luxury companies, and as the largest Luxury Brand in the world, LVMH likely stands to benefit.