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    Latest Posts

    Oyo police declare ‘Auxiliary’ wanted 

    The Oyo State Police Command, on Friday, declared the leader of the disbanded Parks Management System, Mukaila Lamidi popularly called Auxillary, wanted.   The PUNCH Metro...

    Tinubu appoints Gbajabiamila as Chief of Staff, Akume SGF

    The President, Bola Tinubu, on Friday, appointed the outgoing Speaker of the House of Representatives, Femi Gbajabiamila, as his new Chief of Staff.   He also...

    Dangote, PH refineries, others won’t change fuel price – NNPCL

    The local production of Premium Motor Spirit, otherwise known as petrol, by Dangote Refinery, Port Harcourt Refining Company and others in Nigeria is not...

    Kizz Daniel hints at separation from fiancée

    The singer’s engagement with his mystery lover has ended. Popular Nigerian singer, Kizz Daniel, has dropped hints suggesting the end of his engagement with his...

    Fashion tycoon Bernard Arnault becomes first French world’s richest person

    French fashion tycoon, Bernard Arnault, has become the world’s richest person, following a rise in the stock of his fashion company, Louis Vuitton Moët Hennessy.

    Arnault became the world’s richest person on Monday morning with an estimated net worth of $186.3bn, with Jeff Bezos following closely at $186bn and Elon Musk with $147.3bn, according to Forbes.

    The top of Forbes’ billionaires’ list has been largely dominated by Americans over the years.

    U.S citizens like Bill Gates, Warren Buffett, Bezos and Musk had claimed the number one spot for over twenty years, with only Mexico’s Carlos Slim disrupting their dominance for a short period.

    Arnault became part of the top 10 richest men in 2005 when his net worth was $13bn.

    In 2018, he climbed to the top five, and by 2019, he became the third-richest person with a $76bn fortune.

    In 2019, he briefly became the world’s richest person at around 10:30 a.m. EST on December 16, when he edged past Bezos.

    As Amazon’s stock closed higher, the French tycoon was knocked back to number two.

    Arnault’s fortune experienced a massive rise of over $110bn in the past 14 months, moving from $76bn in March 2020 to $186.3bn on Monday.

    The massive rise was attributed to the performance of his luxury group, LVMH, during the pandemic.

    Latest Posts

    Oyo police declare ‘Auxiliary’ wanted 

    The Oyo State Police Command, on Friday, declared the leader of the disbanded Parks Management System, Mukaila Lamidi popularly called Auxillary, wanted.   The PUNCH Metro...

    Tinubu appoints Gbajabiamila as Chief of Staff, Akume SGF

    The President, Bola Tinubu, on Friday, appointed the outgoing Speaker of the House of Representatives, Femi Gbajabiamila, as his new Chief of Staff.   He also...

    Dangote, PH refineries, others won’t change fuel price – NNPCL

    The local production of Premium Motor Spirit, otherwise known as petrol, by Dangote Refinery, Port Harcourt Refining Company and others in Nigeria is not...

    Kizz Daniel hints at separation from fiancée

    The singer’s engagement with his mystery lover has ended. Popular Nigerian singer, Kizz Daniel, has dropped hints suggesting the end of his engagement with his...

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