Bernard Arnault Overtakes Warren Buffet as World’s Third Wealthiest Person

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French Billionaire and luxury good titan Bernard Arnault, He is the
CEO of the LVMH, Moët Hennessy Louis Vuitton group The french billionaire is also the richest man in Europe.The 70-year-old French businessman is worth an estimated $83.1 billion surpassing Warren Buffet for the first time since 2012 with over $100 miliion.

Most of Mr Arnault’s wealth is tied to his holdings of Christian Dior and LVMH, with shares of both jumping 20 per cent this year on record sales, defying a slowdown in China.



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