LV Boss Has Increased $39 Billion This Year, Surpassing Bezos As The Richest Man In The World.
Beijing time on December 17th, according to Bloomberg data, the French luxury giant LVMH has increased its market value by 82 billion US dollars this year, the biggest increase among all European stocks, pushing its board chairman Bernard Arnott (Bernard Arnault) up by 39 billion US dollars.
The Swiss stock market has also gone through a strong year, representing shares of Nestle and Roche Holding, while technology stocks are still hot, pushing up the share price of British giants ASML and SAP of Germany.
According to Forbes, Arnott's value surpassed Amazon's founder Geoff Bezos on Monday, reaching the world's richest man, though it only lasted for hours. At the end of the US stock market, Bezos's worth was $110 billion 100 million, which was again surpassed Arnott, which ended at $109 billion 300 million at the end of the US stock market.
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