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The "battle" of billionaires. Bezos takes the title as the richest man in the world

2024-05-31 11:18:06Lifestyle SHKRUAR NGA REDAKSIA VOX

The "battle" of billionaires. Bezos takes the title as the richest man

Bernard Arnault, the head of luxury group LVMH, has lost his position as a result of his company's reorganization and subsequent stock market concerns, according to the latest figures from Bloomberg. Amazon boss Jeff Bezos has passed Bernard Arnault, head of LVMH, as the world's richest man, according to the Bloomberg Billionaires Index, a daily ranking of the world's richest people.

However, Bernard Arnault, with his estimated fortune of 203 billion dollars (187.6 billion euros), is not far behind the American founder and main shareholder of Amazon, who has a fortune of 205 billion dollars (190.4 billion euros).

Elon Musk, the head of Tesla, SpaceX and X (formerly Twitter), was beaten to the top spot in March by Bezos, after losses of more than $30 billion (€27.7 billion) due to a slump in the company's stock price. Tesla, which lost almost 25% in one year. At the same time, Bernard Arnault's wealth increased by 30 billion dollars (28 billion euros) thanks to Bloomberg's new methods for estimating wealth.

However, the new process, designed to boost the price of LVMH shares held by the chief executive, did not face the share market woes of the luxury group, owner of Dior, Givenchy and Guerlain and many other top-tier brands. up. LVMH has lost 3.68% in share value over the past week.

The group has been on a downward spiral for several weeks after being hit by controversy over Arnault's decision to appoint some of his children to the board. On Wednesday, the French billionaire's fortune fell by $6.7 billion (€6.7 billion) to $203 billion (€188 billion).

Since the beginning of the year, Bernard Arnault's fortune has decreased by almost $4.4 billion (€4 billion), while that of Jeff Bezos has increased by nearly $28 billion (€26 billion). The Frenchman surpassed Elon Musk with 202 billion dollars (187 billion euros) despite the latter's problems.

In the rest of the ranking, the contenders are far behind, with Facebook founder Mark Zuckerberg in 4th place with an estimated fortune of $169 billion (€156 billion), Google co-founder Larry Page in 5th place with $156 billion (€144 billion), and Bill Gates in sixth place with $152 billion (€141 billion).

The first woman in the ranking is Françoise Bettencourt Meyers, heiress of the L'Oreal group, in 16th place, with a value of 96.8 billion dollars (89.5 billion euros). In December 2023, she became the first woman to surpass the symbolic value of 100 billion dollars (92.4 billion euros) in wealth.


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