Share to Facebook Share to Twitter Share to Linkedin Topline Amazon founder Jeff Bezos overtook French luxury goods tycoon Bernard Arnault as the second-wealthiest person in the world Monday morning after LVMH’s shares fell and Amazon shares slightly increased—and the pair continued to flip-flop throughout the day for the title. Forbes estimates Amazon founder Jeff Bezos has a net worth of about $203.8 billion as of Monday .
.. [+] morning—making him wealthier than LVMH’s Bernard Arnault.
Key Facts Bezos had a net worth of about $204.3 billion as of just after 4 p.m.
EDT on Monday—an increase of about $2.4 billion on the day—according to Forbes’ Real-Time Billionaires List . Arnault, who oversees the LVMH empire of luxury fashion and cosmetics brands like Louis Vuitton and Sephora, was just behind Bezos with a net worth of $203.
9 billion, down $4.3 billion as of 4 p.m.
Shares of Arnault’s LVMH were down 2.21% at market close Monday, while Amazon shares were up 1.5%, helping Bezos’ net worth slightly increase.
The wealthiest person in the world remains Tesla CEO Elon Musk, who Forbes estimates to have a net worth of $207.8 billion as of Monday afternoon. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines.
Text “Alerts” to (201) 335-0739 or sign up here . What To Watch For How the pair continues to flip throughout the day. As of 4 p.
m., Bezos and Arnault had swa.