CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
French Tycoon Bernard Arnault Overtakes Bill Gates and become ____ richest Person in the World.
A
2nd
B
5th
C
4th
D
3rd
Explanation: 

Detailed explanation-1: -Who is the richest man in the world? As of February 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he’s worth nearly $214 billion. He moved into the number one spot after Elon Musk’s fortune fell in late 2022 as shares of electric carmaker Tesla fell.

Detailed explanation-2: -The vast majority of Arnault’s wealth is tied to LVMH’s stock, and since 2020, the company’s stock price has grown by nearly 65% overall. Correspondingly, Arnault’s personal fortune has grown by tens of billions of dollars over that period.

Detailed explanation-3: -Arnault’s net worth, according to Forbes, is $190.7 billion, placing him above Elon Musk, Jeff Bezos and Bill Gates.

Detailed explanation-4: -1. Bernard Arnault & family. Bernard Arnault is the CEO and Chair of LVMH (Moët Hennessy Louis Vuitton) and his net worth is $215.7 billion, he overtook Elon Musk as the world’s richest man in 2022.

Detailed explanation-5: -Twitter and Tesla CEO Elon Musk is no longer the richest person in the world after being usurped by LVMH chairman and CEO Bernard Arnault.

There is 1 question to complete.