Bernard Arnault

In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts. Among the familiar names in the rankings are the brothers Kiril and Georgi Domuschievi, albeit with a notable decline in their fortunes, placing them at 1545th position. 2,781 people from 78 nations were Included in Forbes' ranking.

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion.

Amazon founder Jeff Bezos has sold off about $2 billion in shares of the online distribution giant, according to recent stock market filings.

Bezos sold on Wednesday and Thursday some 12 million Amazon shares, at between $168-171 per share, according to documents sent to stock market regulatory authorities Friday.

New Yorkers and tourists will once again stroll between the rings and diamonds of jeweler Tiffany & Co. on Fifth Avenue, which officially reopened for business on April 26 after extensive renovations under new owners, French luxury giant LVMH.

The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed on Dec. 7.    

Since 1995, the slice held by billionaires has risen from one percent to three percent, according to the World Inequality Report.    

The reopening of Paris museums this week finally gives billionaire tycoon Francois Pinault the chance to showcase his vast contemporary art collection in the French capital, with works ranging from stuffed pigeons to slowly melting chairs.

The nine richest businessmen in the world lost about $ 18 billion together on Wednesday, Forbes said, citing real-time ratings.

The publication explained the sharp decline in their fortunes with the fall of US equities after the Dow Jones Index hit its biggest drop in 2019 on Wednesday.

French billionaire Bernard Arnault moved to consolidate control over Christian Dior for about 12.1 billion euros ($13.2 billion), folding the fashion house’s operations into the LVMH luxury empire in one of his biggest transactions.