Finance

The wealth of the 500 richest people in the world grew by an astronomic 25% in 2019. Here are the billionaires who made the most money this year.

2. Bernard Arnault

bernard arnault

Bernard Arnault.
Reuters

Net worth: $106 billion

2019 gain: $37.7 billion

In March, the French billionaire overtook Warren Buffett to become the third-richest person in the world, Bloomberg reported. A few months later, he surpassed Bill Gates to become the world’s second-richest person for a brief period before dropping back to third. And in October, Arnault made $5.1 billion within 48 hours after a surge in share prices of his luxury conglomerate LVMH. Arnault even spent a few hours as the world’s richest person on December 16, Forbes reported.

Arnault now has a net worth of $106 billion, Bloomberg estimates, making the French businessman is the third-richest person in the world and the richest person in the fashion industry.

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