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Bernard Arnault & family Net worth: $211 Billion 

Bernard Arnault & family Net worth: $211 Billion | Source of Wealth: LVMH | Age: 74 | Citizenship: France The French luxury goods tycoon tops the World’s Billionaires list for the first time on the back of a banner year at LVMH, which owns Louis Vuitton, Christian Dior and Tiffany & Co., among others. Revenue, profit and LVMH shares all sit at record highs, helping add $53 billion to Arnault’s fortune over the past 12 months, the biggest gain of any billionaire. Wealthier than ever, Arnault is now planning for succession: In July, he proposed a reorganization of his holding company, Agache, which holds the bulk of his LVMH stock, to give equal stakes to his five children. ©SHIRSENDU KARMAKAR #Billionaires
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