The Frenchman, Bernard Arnault has once again topped the list of the world’s wealthiest individuals, according to the latest Forbes billionaire list for March. Despite a brief decline in his net worth dropping from $202 billion to $199 billion within a day, Arnault swiftly reclaimed his top spot by accruing $460 million in less than 24 hours.
Born on March 5, 1949, Arnault is the brain behind LVMH Moët Hennessy Louis Vuitton SE, the largest luxury goods conglomerate on earth. Known for his smart acquisition strategies and diversified portfolio from fashion, jewellery, watches, and wine, Arnault has earned the nickname “The Terminator” for his bold business manoeuvres.
He is also noted well beyond the realms of business by his renowned philanthropic work, particularly in arts and culture exemplified by his Louis Vuitton Foundation.
As of March 22, Arnault boasts an estimated net worth of $231.5 billion, solidifying his position as the world’s richest individual and underscoring his profound impact on both business and culture.
Following closely are Jeff Bezos, the founder of Amazon, with a net worth of $196.3 billion, and Elon Musk, of Tesla, registering a net worth of $193.7 billion.
Additionally, Mark Zuckerberg, the founder of Facebook, and Larry Ellison, the founder of Oracle, hold eye-popping wealth too, with estimated net worths of $178.0 billion and $158.7 billion respectively.
Here’s the Forbes Real-Time Billionaire Index list of the top 10 billionaires as of March 22.
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