Bill Gates loses ‘second richest man’ seat to LVMH’s Bernard Arnault

Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH. News Agency of Nigeria (NAN) reports that in the latest ranking by Bloomberg’s Billionaires Index, Arnault is in second place with Jeff Bezos still retaining first place. Arnault and his family are the majority owners of Christian Dior and LVMH, parent of such brands as Louis Vuitton, Celine, Fendi, Moët, Hennessy, Dom Pérignon, and others. As LVMH’s share price has soared in 2019, so has Arnault’s worth. It now stands at about $107.6 billion, more

By |July 19th, 2019|Categories: International|Tags: |0 Comments
Go to Top