Bernard Arnault could surpass Jeff Bezos to become world’s richest man

Jeff Bezos could soon see himself being overthrown as the world’s richest man by Bernard Arnault, chairman and CEO of LVMH.

Bernard Arnault, chairman and CEO of LVMH (LVMHF) (Photo: Business Insider)

Arnault, is now worth nearly $108 billion, according to real-time wealth rankings tracked by Forbes.

He’s trailing Bezos by a mere two billion. Microsoft co-founder Gates rounds off the top three with a net worth $107 billion.

Jeff Bezos

Arnault’s net worth jumped more than 1 per cent Monday (Nov 25) and nearly another 3 per cent Tuesday along with LVMH’s stock following his company’s agreement to buy Tiffany for $16.2 billion. Arnault and his family own more than 47 per cent of the French luxury goods giant.