The luxury giant has overtaken Nestle to claim the top spot.
Big things are in store for the heritage jeweller.
Chairman and CEO Bernard Arnault reported strong signs of an upturn in activity since June.
The company saw revenue rise by 15 percent and net profit by 13 percent.
The CEO said the practices of e-commerce giants like Amazon can lead to counterfeit products financed by organised crime and even terrorism.
The bid values the iconic jewellery brand at $120, or around £90, per share, 22 percent more than its stock price at the end of trading a week ago.
It was a 10 percent increase over the previous year.
The company is growing in the face of travel restrictions, thanks to a driven new leader and a fresh four-wheel suitcase.
The iconic watchmaker generated around £6.10 billion in 2020.
The Hublot Classic Fusion All Black model is sure to be a collector’s item.