French billionaire Bernard Arnault announced on Wednesday that his daughter Delphine would head his LVMH luxury empire's Dior fashion house in a leadership..
Bernard Arnault becomes the richest person in the world surpassing Elon Musk.
According to the Bloomberg Billionaires Index, Bernard Arnault, CEO and chairman of Louis Vuitton SE or LVMH, is currently the world’s richest man, despite losing more than $7 billion in net worth this year.
Arnault dethroned Musk as the LVMH stock rose though it declined by around 6.58% during this year.
inflation. that could slide into too much too fast. a reminder, it is a global problem here, not just in the united states. rachel siegel of the washington post. nice to see you. thank you so much. thank you so much. good news for elon musk, he s still megarich. the bad news, he s not the richest. bloomberg s rating says he s number two. arnault is worth $171 billion. musk a mere 164 billion. almost 50 reported tornadoes in the american south over two days. damage and deaths to report next.
Elon Musk, who saw his net worth tumble by more than $100 billion in 2022, has been replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton s parent company LVMH, as the world s richest man.
Elon Musk is no longer richest man in the world, LVMH's Arnault has taken over Musk as world's richest person. Tesla CEO's wealth has been cut in half from 340 billion dollar peak. The major drop in wealth was due to Twitter purchase.