Bernard Arnault, the fourth richest person in the world, he added 4 thousand 300 million dollars to their fortune in the middle thanks to the growing taste of Chinese consumers for Hennessy handbags and cognac that have increased results in LVMH,
The share of the Parisian manufacturer of luxury products has grown 6.9 percent, to the highest level since mid-2016, when fourth-quarter earnings beat analysts' estimates of strong demand from China, the second largest economy in the world.
Arnault runs approximately half of LVMH through a family business, Groupe Arnault,
Your wealth has increased in 8 thousand 300 million dollars this month and now stands at $ 76.9 billion, bringing it closer to Warren Buffett, President Berkshire Hathaway, who currently holds third in the Bloomberg Billionaires with 84 thousand 800 million dollars.
Founder of Amazon, Jeff Bezos, the richest person in the world, added $ 6,100 million to the center, while Microsoft's number two list and co-founder, Bill Gates, added to its wealth $ 889 million.
Participation of LVMH in a luxury fashion house Christian Dior understands most of Arnault's assets.
In 1984, he switched to luxury products, took control of a bankrupt textile group that owned a haute couture house and sold other companies to the company and used the proceeds to buy a controlling stake in LVMH.
In December, the company agreed to acquire a top hotel operator, Belmond, in an agreement that valued $ 2,000,600 million in the 21 Club de Nueva York restaurant owner.
Arnault never stopped fourth for Bloomberg's wealth, which could see more changes on Thursday: Mark Zuckerberg shares in Facebook grew 12 percent in expanded business after the company posted sales and profits, ruining estimates.
Zuckerberg, currently the seventh richest person in the world, is ready to go to the top 5, defeating Spanish Amancio Ortega and Mexican Carlos Slim,