It is not related to technology, unlike the first two billionaires.
The richest man in Europe – the owner of the fashion house Louis Vuitton Moët Hennessy (LVMH), a Frenchman Bernard Arnaud, became the third person in the world whose fortune reached $ 100 billion. It is reported by Bloomberg.
According to the newspaper, since the beginning of 2019, 70-year-old Arno’s assets have grown by $ 32 billion. This is due to a 43% increase in the value of LVMH shares.
Journalists noted that Arno’s condition is equal to 3% of France’s GDP. The businessman is in third place in the list of the richest people according to Bloomberg. Amazon founder Jeff Bezos comes first with $ 119 billion, and the second is former head of Microsoft Bill Gates with 106 billion.
At the moment, Forbes experts estimate the state of Arno at 97.3 billion dollars. He also ranks third on the list.