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Bernard Arnault surpasses Jeff Bezos again as world’s richest person

By Kaelan Deese
Published August 3, 2021 1:39pm ET
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Bernard Arnault surpasses Jeff Bezos again as world’s richest person
FILE - In this Feb. 5, 2009 file photo, Bernard Arnault. Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, the Paris-based luxury goods empire, presents the group's 2008 results in Paris. La Libre Belgique newspaper reported Saturday Sept.8, 2012 that Arnault's citizenship application was confirmed by the head of Belgium's naturalization office. French media drew a connection to French President Francois Hollande's plan to raise the tax rate on France's highest earners to 75 percent. (AP Photo/Michel Euler, File) | Michel Euler

French tycoon Bernard Arnault surpassed Jeff Bezos as the world’s richest person once again after the Amazon founder’s net worth fell $13.9 billion in one day.

Arnault, whose subsidiaries consist of high-end fashion companies such as Louis Vuitton, Sephora, Moet & Chandon, and Tiffany & Co., held a net worth at $195.8 billion as of Monday, while Bezos’s stood at $192.6 billion.

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