Bernard Arnault overtakes Elon Musk, Jeff Bezos as world's richest man

French fashion tycoon Bernard Arnault overtakes Jeff Bezos as the richest man on the planet, battling out Elon Musk, too.

@anthony256
Published Mon, May 24 2021 10:13 PM CDT   |   Updated Mon, Jun 21 2021 3:35 AM CDT

Bernard Arnault has overtaken Amazon founder Jeff Bezos as the richest person on the planet, with Arnault having an estimated net worth of $186.3 billion against Bezos and his $186 billion. Because that $300 million really, really makes a difference at this level, I guess.

Bernard Arnault overtakes Elon Musk, Jeff Bezos as world's richest man 01 | TweakTown.com

Right behind Arnault and Bezos is SpaceX and Tesla founder, as well as The Dogefather himself, Elon Musk with an estimated net worth of around $151 billion. Behind Musk, we have Bill Gates, who recently announced he is divorcing his wife, Melinda Gates, with a net worth of $124 billion. Facebook founder Mark Zuckerberg is next, staying in the top three with his $97 billion in net worth.

Arnault has amassed luxury goods brands under his LVMH umbrella, with the likes of Louis Vuitton, Sephora, Marc Jacobs Christian Dior, Fendi, and many others. The thing is, in March 2020 Arnault was worth around $76 billion but in a post-pandemic COVID-19 fueled world he (and many other billionaires and corporations) are now worth magnitudes more money.

In March 2020, Arnault was worth an estimated $76 billion -- but fast forward to May 2021 and he is worth over double that at $186.3 billion. The COVID-19 pandemic has fueled this growth in Arnault's net worth, through LVMH shares have close to doubled since March 2020.

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NEWS SOURCES:qz.com, forbes.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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