Bernand Arnault, who owns LVMH – which includes luxury brands such as Louis Vuitton, Moet & Chandon, and Christian Dior – saw a considerable drop in his fortune after shares of the conglomerate declined five per cent on Tuesday. Arnault’s net worth is currently at $192 billion – $12 billion higher than Elon Musk
LVMH boss Bernard Arnault, 74, lost $11.2 billion in one day on Tuesday when LVMH stock shares fell 5% in Paris. He's still the wealthiest person in the world.