By Ogaga Ariemu
Bernard Arnault has overtaken Jeff Bezos, Elon Musk, Mark Zuckerberg and others to reclaim his position as the richest man in the world.
This is according to the Forbes rich list released on Friday.
Recall that Arnault had temporarily lost the top position after experiencing a $3 billion decline in his net worth on Thursday, dropping from $202 billion to $199 billion within 24 hours.
However, he quickly regained his status as the richest man in the world by gaining $460 million in less than 24 hours.
Bernard Arnault, born on March 5, 1949, founded and leads LVMH Moët Hennessy Louis Vuitton SE, the world’s largest luxury goods company, renowned for its strategic acquisitions and a diverse portfolio spanning fashion, jewellery, watches, and wine.
Arnault, nicknamed “The Terminator” for his aggressive business strategies, is also celebrated for his philanthropic endeavours, notably in arts and culture, exemplified by the Louis Vuitton Foundation.
With an estimated net worth of US$ 231.5 billion as of March 22, he is the world’s richest person, showing his profound influence on business and culture.
Further analysis of the Forbes list showed that Arnault was followed closely by Bezos, founder of Amazon, with a net worth of $196.3 billion, and Musk, owner of Tesla and X(formerly Twitter), with a net worth of $193.7 billion.
Meanwhile, Zuckerberg, founder of Facebook, and Larry Ellison, LarryOracle founder, have an estimated net worth of $178.0 billion and $158.7 billion, respectively.
See the full list of Forbes Real Time Billionaire Index:
Bernard Arnault — $231.5bn
Jeff Bezos — $196.3bn
Elon Musk — $193.7bn
Mark Zuckerberg — $178.0bn
Larry Ellison — $158.7bn
Warren Buffett — $136.5bn
Bill Gates — $131.7bn
Steve Ballmer — $126.6bn
Larry Page — $123.3bn
Sergey Brin — $118.6bn
