Amazon.com founder Jeff Bezos has once again topped the list of the world’s richest people after he was ousted by French LVMH (Moet Hennessy-Louis Vuitton) CEO Bernard Arnault on Friday. It is reported by Forbes on Tuesday, January 21.
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Bozes’ net worth is now estimated at $116.1 billion. Since January 17, it has increased by $489 million due to the growth of Amazon shares by 0.5%.
At the same time, LVMH shares fell 1.1% due to fears that a new outbreak of coronavirus in China will hurt tourism and shopping ahead of the national New Year. Arnaud’s fortune was reduced to $112.9 billion.
On January 19, it was reported that Bernard Arnault became the richest man in the world, removing Bezos from the first line. His success was due to a rise in the price of shares of his company by 0.7%. It brought him $1.9 billion.
In December 2019, Arno topped the list of the richest people in the world for the first time. At that moment, his fortune reached $109.6 billion compared to $109.5 billion for Bezos. However, the French again lost the lead after a few minutes.