Owner of Louis Vuitton Arnault Bernard becomes the richest man in the world; defeats Jeff Bezos
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According to Forbes, Bernard Arnault, owner of Louis Vuitton Moet Hennessy (LVMH), the worlds leading fashion luxury goods group, has surpassed Jeff Bezos, owner of Amazon, to become the worlds wealthiest person with a net worth of $186.5 billion. Arnold recently invested $538 million on shares in his French label brand, which he owns. And with the 32% increase during the first half of 2020 , he has also surpassed Elon musk.