According to the Bloomberg Billionaires Index, Bernard Arnaud, owner of the French company LVMH (Moet Hennessy - Louis Vuitton), lost $ 30 billion due to the
coronavirus epidemic, making him the most impoverished person in the world.
Due to the coronavirus outbreak, Bloomberg stated that Bernard Arnaud's stores in many parts of the world have been closed for more than a month, and that LVMH's shares have fallen by 19 percent. So Arnaud became the world's most impoverished person.
LVMH's financial director Jean-Jacques Gioni said in a statement that the future of the company depends on the Chinese market, which accounts for more than a third of luxury goods sales.
In March, the wealth of the 20 richest people in the world decreased by nearly $ 300 billion, due to the negative impact of the
coronavirus epidemic on the markets. According to
Forbes, Bernard Arnaud is the one with the highest loss of income.
Bernard Arnaud is third on the Forbes list with his fortune of $ 90 billion. The leader of the list is
Jeff Bezos, founder of Amazon, with a fortune of $ 141.8 billion. Microsoft founder Bill Gates is second in the list with a fortune of $ 105.7 billion.