Bernard Arnault replaces Jeff Bezos as world’s richest person, Musk slips to No. 3. Here’s list of 10 richest people in the world

Bernard Jean Etienne Arnault, the founder, chairman and CEO of global luxury goods brand LVMH (Louis Vitton) has 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. 

Jeff Bezos ranks second on the Bloomberg Billionaires Index with a net worth of $196 billion.

Elon Musk, the enigmatic CEO of Tesla and SpaceX has lost his position as the richest person in the world to Bezos as Tesla shares continue to decline. Musk now has a net worth of $189 billion.

The 72-year-old French billionaire’s rise to the top of the global wealth ladder reflects his outstanding management of LVMH, the biggest luxury goods company in the world. Under his direction, LVMH, which is home to renowned brands like Louis Vuitton, Christian Dior, and Moet & Chandon, has cemented its standing as a dominant force in the luxury market. 

Let’s take a look at the current top ten richest people in the world:

1. Bernard Arnault with net worth of $197 billion

2.Jeff Bezos with net worth of $196 billion

3.Elon Musk with net worth of $189 billion

4.Meta CEO Mark Zuckerberg with net worth of 178 billion

5. Microsoft co-founder Bill Gates with net worth of $148 billion

6.Steve Ballmer with net worthof $139 billion

7.Warren Buffett with net worth of $133 billion

8. Larry Ellison with net worth of $127 billion 

9. Larry Page with net worth of $121 billion

10. Sergey Brin with net worth of $115 billion

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