Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
In a classic case of "the grass is greener," LVMH's Bernard Arnault is eyeing a production expansion in the US., lured by a "wind of optimism" and tax perks, while France's bureaucratic chill leaves him feeling like he just stepped out of a sauna into a snowstorm.
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate taxes in
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a
President Donald Trump's inauguration was packed with the ultra-rich, some seated closer to the incoming president than his incoming cabinet. The personal net worth of just three of these people combined (Mark Zuckerberg,
Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.
LVMH stock jumped 9% after a rival luxury goods company reported strong earnings. A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global ...
Despite a successful temporary expansion during the pandemic, the childcare tax credit otherwise hasn't been updated since 2001.
X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.
The richest man in the world is backing far-right parties against a political establishment that has failed to deliver.