Arnault is the founder and chairman of LVMH, the world's largest luxury goods empire, which also owns Louis Vuitton.
Bloomberg's daily ranking, updated at the close of every trading day in New York, showed that Arnault gained $1.93 billion in a day to achieve the feat. Meanwhile, Bezos, who had been commanding the first rank since Tuesday, lost about $755 million dollars to stand at the second position. Bezos "current net worth is $196 billion.
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MCA president Amol Kale dies of cardiac arrest at 47
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Astronauts' health focus of study on multidrug-resistant pathogens
Researchers from IIT Madras and R NASA's Jet Propulsion Laboratory (JPL) are studying the behaviour, adaptation, and evolution of multi-drug resistant pathogens about 400 km above the earth's surface at the International Space Station (ISS).
COST OF KEEPING COOL
With ACs, fridges, and space cooling becoming necessities, experts point out that ambient heat increases as more cooling equipment is installed
Pricing challenge may weigh on pharma stocks
The tailwind of low price erosion in the US generics market may be reversing slowly, caution analysts.
Kotak MF launches special opportunities fund
Kotak Mutual Fund (MF) on Monday announced the launch of Kotak Special Opportunities Fund.
Proposed norms may lead to big F&O churn
Analysts expect over two dozen exits, 75 entrants
Sensex, Nifty breach record levels but settle lower amid profit booking
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Blackstone mops up ₹6,736 crore from 15.1% stake sale in Mphasis
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ABSL MF quant fund to tap best ideas of top MFs
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Equity MFs saw record ₹34,000 cr inflows in May
Surge in investments spurred by rise in SIPS, HDFC MF NFO
