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Bernard Arnault is now the richest person of the world defeating Elon Musk.

Bernard Arnault is now the richest person of the world defeating Elon Musk.





Louis Vuitton's CEO Bernard Arnault became the new richest person in the world defeating Elon Musk.


Bernard Arnault is from France and manages Louis Vuitton and its various companies along with his family.


The reason for this is the sharp increase in the share prices of Louis Vuitton Group and the constant decrease in the share price of Tesla for a few months.


Bernard Arnault was born on 5th March 1949 in a business family in Roubaix France. He became the largest shareholder and CEO in the Louis Vuitton group in 1989 and helped the company from that time become the largest company in the luxury group.


Over few years Tesla has also given huge discounts on its vehicle price which also resulted in a decrease in the profit of the Tesla. Read more.





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