Up Next

This Is How the New ‘Richest Man in the World’ Makes Money

Name: ‘Richest Person in the World’ Bernard Arnault Controls Over 70 Luxury Brands
Uploaded: 2023-04-05T21:00:39
Duration: 86 s
Description: Forbes has updated their World’s Richest People List for 2023, and a new person is at the top: Bernard Arnault. He’s the founder and CEO of LVMH, a luxury goods company with more than 70 brands.

News

April 5, 2023

Forbes has updated their World’s Richest People List for 2023, and a new person is at the top: Bernard Arnault. He’s the founder and CEO of LVMH, a luxury goods company with more than 70 brands. LVMH owns Louis Vuitton, Christian Dior, Tiffany and Company, Hennessey and more. The 74-year-old went to university in his native France to be an engineer. According to Forbes, he currently has a $211 billion fortune.