Richest man 2021
French fashion tycoon Bernard Arnault is that the world’s richest person this Monday morning, with an estimated net worth of $186.3 billion—putting him $300 million above Jeff Bezos, who is worth $186 billion, and Elon Musk, worth $147.3 billion.
Arnault’s fortune has jumped from $76 billion in March 2020 to $186.3 billion on Monday, a huge rise of over $110 billion within the past 14 months, because of a pandemic-defying performance by his luxury group LVMH (Louis Vuitton Moët Hennessy).
LVMH, which also owns household names like Fendi, Christian Dior and Givenchy, rose 0.4% during the first hours of trading on Monday, putting its market cap at $320 billion and pushing Arnault’s personal stake up by quite $600 million.