According to the Forbes ranking, French billionaire Bernard Arnault is now thought to be the richest person in the world. Due to the sharp decline in the price of Tesla’s stock and LVMH’s great performance, he has surpassed Elon Musk, as reported by Forbes.
50% operating marginArnault’s net worth is estimated at $180 billion.
Arnault’s fortune is based on his stake in the French luxury conglomerate LVMH (Louis Vuitton Moët Hennessy, or, more often, Moët Hennessy...
https://mfame.guru/did-you-know-that-the-worldsrichest-man-is-a-wine-producer/