French tycoon Arnault competes with Bezos for 'world's richest' title

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Bernard Arnault, CEO of the LVMH group (Louis Vuitton Moet Hennessy), last Friday briefly, and for the second time in recent months, knocked Jeff Bezos of Amazon off his perch as the world's richest person, part of an ascension that has also seen him try to obtain Belgian nationality to escape taxes at home.

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Last Friday, French luxury goods magnate Bernard Arnault briefly toppled Amazon’s Jeff Bezos to become the richest person in the world. Now relegated back to second wealthiest in the world, Arnault remains the richest person in Europe, reports FRANCE 24.