IN PICS | After Elon Musk Loses Top Spot, Here is How World Rich List Looks Like

1. Bernard Arnault $163 Bn, France. Bernard Arnault leads LVMH’s fashion empire, which includes brands like Louis Vuitton, Sephora, Tiffany & Co, Christian Dior, Celine, and Tag Heuer. LVMH has also spent $3.2 billion in 2019 for luxury hospitality group Belmond, which owns or manages 46 hotels, trains, and river cruises. [Image Credit: Getty]