Bernard Arnault, who founded luxury group LVMH that owns Louis Vuitton, Dior and Hublot, is the richest man in the fashion industry with a net worth of US$189.2 billion (and growing). Arnault is no stranger to Forbes' Richest. In May 2021, he even temporarily held the title of the richest man in the world, surpassing the likes of Jeff Bezos and Elon Musk when LVMH stocks rose in a resilient show against the pandemic.
In second place is Amancio Ortega, the founder of Spanish fast-fashion brand Zara, followed by Nike's own Phil Knight.
1. Bernard Arnault
Net worth: US$189.2 billion