Bernard Arnault Is Within Striking Distance Of Dethroning Elon Musk As The Richest Person In The World

To make the above revelations even crazier, this week Bernard Arnault rose to within striking distance of becoming the richest person on the planet. He’s just a few billion shy of Elon Musk and it’s looking very likely that Bernard will take the crown soon. Perhaps tomorrow. To familiarize yourself with the man who is very much on pace to dethrone Elon Musk as the richest person in the world, here’s a recent photo of Bernard Arnault: Not a bad looking guy for a billionaire business tycoon, right? Well… Just to drive home my point about how most people probably wouldn’t be able to recognize Bernard Arnault if they were shown a photo of him… The photo above is not Bernard Arnault. That’s a French actor named Tcheky Karyo. I found Tcheky’s photo by searching Getty Images for “french actor.” Now that I’ve Googled him, I recognize him from the 2000 Mel Gibson movie “The Patriot.” Ok so for real, this is Bernard Arnault: Got ya again! The above photo is indeed a French billionaire, but that’s Francois Pinault, the founder of conglomerate Kering which owns brands like Gucci, Brioni, Balanciaga (awkward) and Yves Saint Laurent. Believe it or not, Francois Pinault is Salma Hayek’s father in law. That is a true fact. Salma has been married to Francois’ son, Francois Henri Pinault, since 2009. Ok all joking aside, for real for real, this is Bernard Arnault: Familiarize yourself with that face. If Tesla’s stock price continues declining – it’s down nearly 60% year-to-date – then pretty soon Bernard Arnault will be the richest person in the world. A year ago Elon’s net worth was $340 billion. At the start of 2022, his net worth was $270 billion. Thanks to that precipitous decline in Tesla’s stock price, Elon’s net worth has fallen $100 billion this year so far. In the same period, Bernard’s net worth has fallen as well, about $10 billion. And for just a bit of history, Bernard has actually been the second richest person in the world for longer than you might think. He first accomplished that feat in May 2021. He has consistently been one of the 10 richest people in the world for the last decade. Arnault and his immediate family own more than 47% of LVMH, which is the world’s largest maker of luxury goods. The company currently has a market cap of $382 billion.