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Bernard Arnault, owner of Louis Vuitton, leaves list of 10 richest people in the worldPhoto by mirekmurmir on Pexels
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Bernard Arnault, owner of Louis Vuitton, leaves list of 10 richest people in the world

oglobo11 September 2026 at 12:49

Bernard Arnault, French tycoon in the luxury goods sector and owner of Louis Vuitton, left the group of the ten largest fortunes in the world. Arnault's fortune fell to $143 billion according to the Bloomberg Billionaires Index, causing the founder of the LVMH group to fall behind Warren Buffett, the 96-year-old philanthropist and chairman of Berkshire Hathaway.

Arnault's decline was especially steep since the beginning of the year, with his fortune shrinking by $65 billion, the largest reduction among the 500 richest people in the world. The 77-year-old businessman lost his position among the ten richest, opening space for a list formed exclusively by Americans, mostly tech billionaires, to dominate the ranking.

Elon Musk leads the list by a wide margin, with a fortune of $918.8 billion. He is followed by other entrepreneurs from the tech sector, such as Larry Page, Jeff Bezos, Sergey Brin, and Michael Dell.

This is the first time since the launch of the fortune index, in 2012, that all ten top positions are occupied by Americans.

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