LVMH ’s Bernard Arnault Became Second-richest Person Ahead of Bill Gates

Bernard Arnault, CEO of LVMH (Louis Vuitton Moлt Hennessy) has become the second-richest person in the world ahead of Bill Gates according to the Bloomberg Billionaires Index.  Amazon founder Jeff Bezos ranks first in the list. Arno’s fortune is reportedly worth at $ 108 billion, Gates’s — at 107 billion. According to Forbes,  Arno’s fortune is $ 104.8 billion, Gates’s – 103.7 billion. Arno’s fortune is more than 3% of the French economy, the fashion house owns luxury brands in perfumes, watches, alcohol, and clothing. LVMH shares increased by 43% in 2019, the third best in the French stock index CAC 40.Before, Gates had never dropped below second place in the seven-year history of the Bloomberg Billionaires Index. It is noted that the co-founder of Microsoft could remain the richest person in the world without his charitable activities.  In April 2018, Bernard Arnault became the richest person in fashion, toppling Zara’s Amancio Ortega.Join to our Telegram channel to be always up-to-date with the latest news of the cryptocurrency space.