Amazon CEO, Jeff Bezos has reclaimed his spot as the richest person in the world, two weeks after losing it to the chief executive of Moët Hennessy Louis Vuitton (LVMH), Bernard Arnault.
Recall that on May 24, Arnault beat Jeff Bezos to become the richest person in the world.
Arnault’s overall net worth jumped to $186.3billion, edging past Jeff Bezos, who is worth $186billion, by ‘only’ $300million in the world’s rich list.
Now, Jeff has reclaimed his spot.
According to Forbes, Amazon shares closed more than 2% higher on Thursday, June 10, boosting Bezos’ net worth by $3.5 billion, while shares in Arnault’s luxury conglomerate LVMH slumped by nearly 1%, slashing $1.4 billion from his fortune.
Bezos’ net worth now stands at $193.5 billion, Forbes estimates, compared to Arnault’s $192.9 billion.