Bernard Arnault

Bernard Arnault runs LVMH like a portfolio manager runs a portfolio: 75 luxury brands, including Louis Vuitton, Dior, Tiffany, and Moet Hennessy, pulling in more than $86 billion a year between them. He held the world's-richest title briefly in 2023 and has been close enough to it ever since that the gap with Musk functions almost like a standing rivalry, tilting one way or the other with the markets. Forbes puts his net worth at roughly $215 billion.