In a remarkable financial leap, Bernard Arnault, CEO of luxury goods giant LVMH, saw his net worth rise by $17.1 billion (approx. ₹14,30,01,31,50,000) in just one day. With this boost, Arnault’s net worth now stands at $201 billion, making him the newest member of the exclusive $200 billion club. Arnault joins the ranks of tech titans like Elon Musk, Jeff Bezos, and Mark Zuckerberg, marking the first time four individuals have each amassed fortunes exceeding $200 billion.
Arnault, who owns a 47.5% stake in LVMH, has seen substantial growth due to the company’s booming luxury brands. LVMH, home to over 70 luxury brands, is a dominant force in the global luxury market. As of now, Elon Musk tops the list of the world’s richest individuals with a net worth of $268 billion, followed by Jeff Bezos at $214 billion, Mark Zuckerberg at $202 billion, and Arnault closely trailing at $201 billion.
Mukesh Ambani and Gautam Adani in the Billionaire Race
Meanwhile, India’s richest industrialist, Mukesh Ambani, ranks 13th on the global billionaire list with a net worth of $114 billion. Gautam Adani, another prominent figure in Indian industry, holds the 15th spot with a wealth of $105 billion.
The year 2024 has seen significant growth for the ultra-rich, with 17 billionaires now boasting net worths exceeding $100 billion globally. Among them, Zuckerberg has experienced the biggest increase this year, adding $73.5 billion to his fortune.
Arnault’s rapid climb in wealth reflects the growing influence of luxury goods in the global market, and his presence among tech giants showcases the diversity of industries represented in the top ranks of wealth.
