Jeff Bezos battles with LVMH boss for title of world’s richest man

Jeff Bezos is locked in a tug-of-war with French luxury tycoon Bernard Arnault for the title of world’s richest person, with each of them temporarily grabbing the top spot in recent days. 

Arnault — head of LVMH, the luxury empire that owns Louis Vuitton, Tiffany and Dom Perignon — held the title as of midday Tuesday as LVMH’s stock closed 0.7 percent higher on the Paris stock exchange while Amazon shares on the Nasdaq were recently flat, according to Forbes’ real-time billionaires list.  Both Arnault and Bezos currently command fortunes of about $188.3 billion, although Arnault has a slight edge over Bezos, according to Forbes.