The name of the new world’s richest man has been named

LVMH owner Bernard Arnault has regained the title of the world’s richest man. The company produces clothing and accessories under the brands Christian Dior, Louis Vuitton, Givenchy, Guerlain, Chaumet, Moet & Chandon, and Hennessy.

Forbes reported. Before that, the title of the richest person in the world belonged to the founder of the online retailer Amazon, Jeff Bezos. However, on Friday, January 17, the company’s shares fell by 0.7%, depriving its owner of 761 million dollars. At the same time, LVMH’s shares rose 0.7%, bringing Arno a $ 1.9 billion profit.

It is not the first time that Arno has taken the top spot in the ranking of the wealthiest people — the last time he occupied it in December last year. Now his fortune is estimated at $ 117 billion — less than $ 1.5 billion more than Jeff Bezos. Microsoft co-founder Bill Gates take third place — his income is estimated at 110.6 billion dollars. Gates had every chance of taking the top spot if he hadn’t donated nearly $ 26 billion to charity.