Bernard Arnault top as the 3rd in billionaires list

Billionaire chart 2019

Bernard Arnault is the chairman of Louis Vuitton's parent company LVMH.

He's added $14.5 billion to his fortune so far this year and is now worth $83.1 billion, according to the Bloomberg Billionaires Index.

That's enough for him to edge past Warren Buffett and join the top three for the first time since our wealth ranking was launched in 2012.

Most of Arnault's wealth is tied to his holdings of LVMH and Christian Dior, with shares of both jumping 20% this year after record sales, defying a slowdown in China.

Coiled: bloombergbusiness

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