The Arnault family has increased its holdings in luxury giant LVMH Moet Hennessy Louis Vuitton to over 50% of the company’s share capital, according to a regulatory filing by France’s stock market authority, AMF.

Elon Musk has reclaimed his status as the richest man in the world, growing his net worth by 75 percent in the last year.

According to Oxfam’s latest annual inequality report, five individuals are set to amass at least $1 trillion in wealth within the next decade, if current trends persist.