Microsoft co-founder Bill Gates is no longer the world's second-richest person. French billionaire Bernard Arnault, the CEO of luxury goods maker LVMH (LVMHF), overtook Gates on Tuesday on the Bloomberg Billionaires Index.

Louis Vuitton CEO Bernard Arnault topples Bill Gates as world’s second richest person

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Louis Vuitton CEO Bernard Arnault topples Bill Gates as world’s second richest person