Microsoft founder Bill Gates has been stripped of from the title of world's second richest man. This is the First time in about 7 years that Bill Gates has suffered such a major setback. According to new figures from the Bloomberg Billionaire index, Bill Gates has slipped to the third spot while French Bernard Arnalt has moved up a notch to second place in the list. The important thing is that Bernard Arnalt joined the Top 3 club last month.

Who is Bernard Arnalt?

Bernard Arnalt is identified as Chairman and CEO of luxury goods company LVMH (Louis Vuitton Möt-Hennessy). The 70-year-old Arnalt Company is very famous in France. According to Forbes Magazine, Bernard Arnalt had stepped into the luxury goods market in 1984. After this he acquired Textile Group.

According to Bloomberg Billionaire Index's Wednesday's figures, Bernard Arnalt's net worth has reached $ 108 billion. The total assets of Bill Gates remained at $ 107 billion. Although e-commerce company Amazon's founder Jeff Bezos remains at the top. Currently, Jeff Bezos's total assets are $ 125 billion. According to Bloomberg, Arnalt added $ 39 billion in net worth in 2019 Among the 500 Emerors included in the list of Bloomberg is Arnalt alone, who has increased their net worth in such a short time.

Threat to Jeff Bezos!

If the speed of Bernard Arnault's networth increases, then Amazon's founder Jeff Bezos's empire could be in danger. In fact, this year, a slight increase has been recorded in Bezos's net worth, while wife Mackenzie Bezos has also spent her divorce settlement. After settlement, McKenzie has become the fourth richest woman in the world.