Tesla founder Elon Musk remained in third place on Monday with an estimated fortune of $ 147.3 billion (3 trillion crowns).
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Arnault’s big rise was due to the growth of LVMH shares. He increased the company’s market valuation to $ 320 billion (6.63 trillion crowns), which increased Arnault’s assets by $ 600 million (12.44 billion crowns).
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Arnault was also ranked first by a short-term decline in Amazon shares. However, Bezos returned to the first place in the ranking of the world’s rich on Tuesday. Currently, Forbes estimates his fortune at $ 188.2 billion (3.9 trillion crowns), the second Arnault still remains within range with a fortune of $ 187.4 billion (3.88 trillion crowns).
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They are followed by Elon Musk ($ 152.5 billion) and Microsoft founder Bill Gates ($ 126 billion).
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Moët Hennessy Louis Vuitton (LVMH) is located in Paris. The company includes sixty luxury goods brands, such as the Louis Vuitton fashion brand or the cognac producer Hennessy.
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The rankings of billionaires are more of a mental exercise. For example, Bezos holds about 95 percent of its assets in Amazon shares. On the one hand, they cannot be turned into money so easily, and on the other hand, their value can collapse very quickly.
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“That doesn’t mean Bezos is secretly needy. He is an extremely financially secure man. However, the available balance on his account will be in the millions rather than billions of dollars, “explained Matthew Ader in Exponents magazine.
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Already in February, due to the sharp rise in the value of Tesla shares, the extravagant partner of the Canadian singer Grimes Elon Musk, whose assets at one point reached as much as 210 billion dollars, ie 57.5 billion more than now, became the leader for a while.
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