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Bernard Arnault -- who with his family now tops the wealth of Elon Musk -- gradually built LVMH into a global luxury empire by buying up iconic brands, sealing his reputation as a formidable and insatiable businessman.
Bernard Arnault has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second place.
Now worth $171 billion, Arnault's wealth eclipsed the Tesla CEO's $164 billion fortune on Tuesday.
Bernard Arnault, the French tycoon behind luxury-goods powerhouse LVMH, surpassed Twitter owner Elon Musk on the Bloomberg Billionaires Index on Tuesday, marking the first time he's topped the list of the wealthiest people.
Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second