Bernard Arnault Becomes World's Richest Person, Surpassing Elon Musk

In a recent update by Forbes, Bernard Arnault, the founder, chairman, and CEO of luxury brand LVMH, has taken the crown as the world's Richest/wealthiest person. With a net worth of $207.8 billion, Arnault surpassed Elon Musk, whose fortune dipped to $204.5 billion.

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The shift in rankings was notable on the Forbes Real-Time Billionaire List, where the French tycoon and his family held the top spot with $207.6 billion, while Musk trailed at $204.7 billion. The top five also included Jeff Bezos, Larry Ellison, and Mark Zuckerberg.

However, the Bloomberg Billionaires Index presents a different picture, indicating that Musk remains the richest individual globally with a $199 billion wealth, followed by Jeff Bezos and Bernard Arnault.

Forbes' Top 10 Wealthiest People:

1. Bernard Arnault and family: $207.6 billion (France)

2. Elon Musk: $204.7 billion (United States)

3. Jeff Bezos: $181.3 billion (United States)

4. Larry Ellison: $142.2 billion (United States)

5. Mark Zuckerberg: $139.1 billion (United States)

6. Warren Buffett: $127.2 billion (United States)

7. Larry Page: $127.1 billion (United States)

8. Bill Gates: $122.9 billion (United States)

9. Sergey Brin: $121.7 billion (United States)

10. Steve Ballmer: $118.8 billion (United States)

Notably, Mukesh Ambani, the chairman of Reliance Industries Limited, holds the title of the wealthiest individual in Asia, with a net worth of $104.4 billion. Gautam Adani, chairman of the Adani Group, secures the second spot among Asians, ranking 16th globally, with a fortune of $75.7 billion.