LVMH's Bernard Arnault Is Now The Richest Person in Fashion A net worth of about $79.3 billion USD.

Bernard Arnault, chairman and CEO of luxury goods conglomerate LVMH, has topped Zara founder Amancio Ortega as the world’s fourth richest person on the Bloomberg Billionaires Index. By overtaking Ortega — who at one point beat Bill Gates as the world’s richest person — Arnault is now the richest person in the fashion industry, sitting at an estimated net worth of $79.3 billion USD.

As the head of LVMH, Arnault oversees 70 luxury brands including Louis Vuitton, Christian Dior, Hublot, Givenchy, Céline, Rimowa and more.

For more rich people news, Jeff Bezos is the first person to be worth over $100 billion USD and Amazon is now worth more than Alphabet.