This Is How the New ‘Richest Man in the World’ Makes Money
Forbes has updated their World’s Richest People List for 2023, and a new person is at the top: Bernard Arnault. He’s the founder and CEO of LVMH, a luxury goods company with more than 70 brands. LVMH owns Louis Vuitton, Christian Dior, Tiffany and Company, Hennessey and more. The 74-year-old went to university in his native France to be an engineer. According to Forbes, he currently has a $211 billion fortune.