new Delhi : Bill Gates, the founder of Microsoft, has lost the world's second richest man. It is believed to be a big setback for them. For seven consecutive years, Billgates remained second in the list of the world's richest people. But Bill Gates slipped to the third spot in the Bloomberg Billionaire Index and Bernard Arnalt climbed one notch to the second spot. In the list of rich, Mukesh Ambani is at number 13.
Last month joined the Top 3 Club
Bernard Arnalt, chairman and CEO of luxury goods company LVMH (Louis Vuitton Moyat Hennessy), joined the top 3 club last month. Their total assets have risen to $ 107.6 billion, which is $ 200 million more than the property of Microsoft co-founder Bill Gates. According to Bloomberg, Arnalt has earned a net worth of $ 39 billion in 2019 alone. The 70-year-old Arnalt's company LVMH is quite popular in France.
The steps were taken in the luxury goods market in 1984
According to Forbes, Bernard Arnalt had stepped into the luxury goods market in 1984. After this he acquired Textile Group. Who had the proprietary rights of Christian Dior also After four years, he sold the company's other businesses and bought a controlling stake in LVMH. Arnalt has half the control of LVMH of Paris. Apart from this, he has 97% stake in Christian Dyer established before his birth.
According to the latest figures from the Bloomberg billionaire index, Jeff Bezos's net worth is $ 125 billion. Bernard Arnalt's net worth reached the second spot reached $ 108 billion. The third net worth of Bill Gates came in at $ 107 billion.