Coronavirus in Kyrgyzstan Log in  
World|finance|January 20, 2020 / 10:11 AM
CEO of LVMH Moet Hennessy now world's richest man: Forbes

AKIPRESS.COM - Jeff Bezos is no longer the world’s richest person—for now, at least.

The e-commerce titan’s net worth slid by $760 million to $115.6 billion as Amazon shares dipped 0.7% today. The nine-figure drop may be a drop in the bucket for Bezos, but it was enough to knock him from first to second place on Forbes’ ranking of the world’s billionaires..

The planet’s new richest person (again): Bernard Arnault, the chief executive of luxury goods behemoth LVMH. Arnault gained $1.9 billion in net worth on Friday as LVMH stock edged up by 0.7%. The Frenchman is currently worth $117 billion, up from $102 billion when he graced the cover of Forbes less than four months ago. “If you compare us to Microsoft, [we are] small,” Arnault told Forbes. “It’s just the beginning.”

All rights reserved

© AKIpress News Agency - 2001-2019.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

189 Moskovskaya st., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Tel/Fax: +996(312)65-03-06

Follow us: