Bernard Arnault’s Fortune Soars Past $200 Billion for First Time

The French tycoon joins Elon Musk and Jeff Bezos as the only billionaires to have ever reached the milestone.

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Bernard Arnault’s net worth exceeded $200 billion for the first time, making him just the third person ever to reach such heights of personal wealth.

The French tycoon behind luxury-goods powerhouse LVMH saw his fortune increase by $2.4 billion on Tuesday to $201.1 billion, a record high, according to the Bloomberg Billionaires Index. He joins Elon Musk and Jeff Bezos as the only individuals to have ever exceeded $200 billion, and is the first person outside the US to accomplish the feat.