Arnault’s LVMH Is Now More Valuable Than Musk’s Tesla—As Gap Widens Between World’s Wealthiest Men (2024)

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Arnault’s LVMH Is Now More Valuable Than Musk’s Tesla—As Gap Widens Between World’s Wealthiest Men (2024)

FAQs

Arnault’s LVMH Is Now More Valuable Than Musk’s Tesla—As Gap Widens Between World’s Wealthiest Men? ›

Forbes Valuations

Is Arnault richer than Musk? ›

Arnault's net worth now stands at an astounding $207.6 billion (€191.5 billion), edging out Musk's $204.7 billion (€188.74 billion), according to the latest Forbes "Real-Time Billionaires List".

How did Bernard Arnault overtake Elon Musk? ›

Bernard Arnault, at the helm of the prestigious LVMH, has reclaimed the title of the world's wealthiest individual, as Elon Musk's fortune dipped by over $18 billion following a significant decline in Tesla's stock value last week, erasing about $73 billion from the company's market valuation.

Who is richer than Elon Musk right now? ›

Jeff Bezos has dethroned Elon Musk to reclaim his title as the world's richest man.

Why is Bernard Arnault the richest man in the world? ›

Bernard Arnault, the billionaire chairman and CEO of global luxury goods company LVMH, that includes brands like Louis Vuitton, is now the richest man in the world, overtaking Elon Musk. According to Forbes magazine, Arnault and his family's net worth soared to $207.8 billion after a $23.6 billion increase on Friday.

Who is No 1 richest person in world? ›

Bernard Arnault

Who is the number 1 most richest person in the world? ›

Jeff Bezos is world's richest person again, edging out former No. 1 Elon Musk - CBS News.

Who replaced Elon Musk as richest man? ›

Jeff Bezos has reclaimed the title of the richest person on Earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday. The Amazon founder's net worth was $200 billion, while Musk followed at $198 billion.

Who surpassed Elon Musk as richest man? ›

Jeff Bezos is back on top. The Amazon.com founder is once again the world's richest person, eclipsing Elon Musk and jumping atop the Bloomberg Billionaires Index for the first time since the fall of 2021. Bezos's net worth was $200 billion on Monday, according to Bloomberg.

Who is the richest family in the world? ›

With an estimated wealth of $305 billion, the Royal family of Abu Dhabi- Al Nahyan family— is known as the richest family in the world. The head of the Al Nahyan family, Sheikh Mohammed bin Zayed Al Nahyan, is the ruler and President of the United Arab Emirates (UAE).

Who is the richest girl in the world? ›

No.

Francoise Bettencourt Meyers, 70, has been deemed the richest woman in the entire world with a net work of $99.5 billion in 2024, according to Forbes. She owes it to the widely known cosmetic care company called L'Oreal, which was founded by her grandfather.

Is Taylor Swift a billionaire? ›

Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion. In a rare feat, Swift is the first musician to reach the milestone solely from songwriting and performing.

Who is the richest person in the United States? ›

Elon Musk

Who is married to Arnault? ›

Arnault apparently wooed his wife, Helene Mercier, a concert pianist, by playing Chopin and other classical composers on the piano.

Who is the youngest son of Bernard Arnault? ›

Bernard's youngest son, Jean, is a director in Louis Vuitton's watches division. Jean is Bernard's youngest son, born in 1998. He has a master's in financial mathematics from MIT and another in mechanical engineering from Imperial College, London, according to the Financial Times.

How much of LVMH does Arnault own? ›

The 75-year-old French businessman is the chairman and CEO of LVMH Moët Hennessy — Louis Vuitton, known as LVMH. Arnault owns a 48% stake in LVMH, according to Bloomberg.

When did Bernard Arnault become richer than Elon Musk? ›

Arnault overtook Musk as the world's wealthiest person in December 2022, before the SpaceX founder once again unseated him.

Is Bernard Arnault the richest man in the world? ›

The Forbes magazine currently lists Bernard Arnault, and his family, as the world's richest person, with a fortune of $214bn (£172bn), ahead of Amazon founder Jeff Bezos and Elon Musk, who heads Tesla and X.

Is Bernard Arnault richer than Jeff Bezos? ›

French businessman Bernard Jean Etienne Arnault on Thursday replaced Amazon founder Jeff Bezos as the world's richest person by having a staggering net worth of $197 billion, the Bloomberg Billionaires Index data showed.

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