LVMH’s Bernard Arnault ousts Larry Ellison as the world’s 4th-richest person after gaining $15 billion in one day.

Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton, has become about $14 billion richer already in 2025.

He leapfrogged Oracle cofounder Larry Ellison on Thursday to take fourth place on Bloomberg’s rich list with an estimated $190 billion fortune, adding $15 billion to his net worth in just one day.

The luxury tycoon has gained more wealth this year than Binance founder Changpeng Zhao, who was up nearly $12 billion at Thursday’s market close, and the “Donald of Dubai” Hussain Sajwani, up around $10 billion.

Source: FINANCE.YAHOO