Bill Gates Reclaims Spot As World’s Second-Richest Person

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Luxury goods titan Bernard Arnault is back to the world’s third richest after moving into second place last week. Gates is now back to the No. 2 spot he’s held most of this year.

Microsoft principle founder Bill Gates at a luncheon of the Economic Club of Washington in Washington, D.C. in June. Gates discussed various topics including climate change.After less than a week as the world’s second-richest person, luxury goods titan Bernard Arnault has dropped down to third place, according tocalculations, following a decline in the share price of LVMH. Bill Gates, boosted by stronger Microsoft stock, returned to his spot as the second-richest person in the world.

Last week marked the first time since 2008 that Gates had not been either the richest or second-richest person in the world. Both Gates and Arnault have a ways to go to catch up to the world’s richest person, Jeff Bezos. Bezos has a net worth of roughly $162.9 billion; he has said he will give his ex-wife, MacKenzie Bezos, a quarter of his Amazon shares, now worth about $39 billion, which would still put him ahead of Gates by roughly $20 billion.

LVMH’s fashion and leather goods business continues to be the company’s highest revenue driver with $11.6 billion in sales, up 21% from last year.

 

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Hi, I’m sure a lot of people ask this question. Mr. Gates is the second richest man. Was wondering if he would like to spend some money on a new barn for my husband. Like they say can’t take it with you. Thank you,Debra

Much much more interesting seeing folks living daily in squalor. How those humans cope. Often seen on AJE tv.

Is this suppose to make up for posting an article from 2014 saying Billy was no longer the richest? Turning Forbes into clickbait?

Eat. The. Rich. That is all.

Who cares?

KristinStoller Man... that’s rough. Condolences, Bill. 😞

That's my man😉

Teimoso ya

Rich ideas transform into wealth

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Bill Gates Reclaims Spot As World’s Second-Richest PersonLuxury goods titan Bernard Arnault is back to the world’s third richest after moving into second place last week. Gates is now back to the No. 2 spot he’s held most of this year. KristinStoller Pleased for him. KristinStoller Sir Bill, I hope, your empowerment programme so that, I can finish modern OS I am building. KristinStoller The US economy has bigger problems rather than worrying if Gates keeps his billionaire ranking.
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