Home » Business » Frenchman Bernard Arnault dethrones Elon Musk as the richest man in the world

Frenchman Bernard Arnault dethrones Elon Musk as the richest man in the world

The shares of Louis Vuitton Moët Hennesy (LVMH) continue to perform well despite the difficult economic environment. The luxury group manages brands such as Christian Dior, Louis Vuitton, Hennessy, Dom Perignon, Moët, Marc Jacobs, Givenchy and Tiffany & Co. Founder Bernard Arnault owns 48% of the parent company.

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