Bernard Arnault

The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential...

Semiconductor giant NVIDIA Corporation (NASDAQ:NVDA) hit new all-time highs on Wednesday and again on Thursday morning, driven by continued optimism about future monetization opportunities for artificial intelligence. The booming stock price is helping boost the net worth of Nvidia co-founder and...

A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how...

In a significant market downturn since President Donald Trump announced new tariffs worldwide, the world’s wealthiest individuals have seen their fortunes shrink by $74 billion. What Happened: The market turmoil following Trump’s sweeping tariffs led to a considerable loss in wealth for...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk tops a group of five business moguls expected to become the world's first trillionaires within a decade, highlighting the accelerating concentration of wealth, according to a new Oxfam report released Monday. What Happened: The report, “Takers Not Makers...

Billionaire Elon Musk became the first person in the world to have a wealth of more than $400 billion, an accomplishment that came following the 2024 presidential election. Musk wasn't the only billionaire to see their wealth grow dramatically in 2024. Here's a look at the top 10 richest people in...

The year 2024 marked a significant increase in the net worth of the world’s wealthiest individuals, particularly those in the tech sector. What Happened: 2024 wasn’t a year of financial prosperity for all, with some billionaires in the luxury retail sector experiencing substantial...

Lvmh Moet Hennessy Louis's (OTC:LVMHF) Bernard Arnault has denied knowledge of any alleged spying and intelligence peddling. What Happened: Arnault, the chief of LVMH, testified in a high-stakes trial on Thursday, denying any knowledge of an alleged scheme to protect the luxury group, reported...

Several prominent French media organizations, including those owned by billionaire Bernard Arnault, have filed a lawsuit against Elon Musk’s social media platform X for allegedly using their content without compensation. What Happened: The media groups, which include Arnault’s Les Echos...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is the world's richest person and has watched his wealth climb in 2024 despite the price of Tesla stock falling. A prediction market allows bettors to wager on if Musk will remain the world's richest man at the end of the year. What Happened: The title of the...

Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton (OTC:LVMHF) (OTC:LVMUY), has seen his net worth drop by $54 billion, moving him from the world’s richest person to nearly fifth place. What Happened: Arnault’s fortune peaked at $231 billion in March, placing him ahead of Elon...

Elon Musk became a billionaire at the age of 41 thanks to his leadership at Tesla Inc (NASDAQ:TSLA) and several other companies and today is considered one of the greatest innovators of all time. The Gutenberg printing press was introduced in 1440 and is considered one of the greatest inventions of...

French billionaire Bernard Arnault has been making a series of investments in artificial intelligence startups through his family office, Aglaé Ventures. What Happened: Arnault, the CEO of luxury goods conglomerate LVMH (OTC:LVMHF), has made five AI-related investments in 2024, according to data...

French billionaire Bernard Arnault recalled the time when he and Elon Musk, the CEO of Tesla and SpaceX, discussed the idea of a Louis Vuitton-branded rocket. What Happened: While appearing on CNBC’s Squawk Box, Arnault spoke about his discussions with Musk. “I admire very much what he'...

French luxury mogul Bernard Arnault on Friday disclosed that the late Steve Jobs had once sought his counsel on the retail strategy for Apple (NASDAQ:AAPL), despite skepticism from industry rivals. What Happened: While appearing on CNBC, Arnault reminisced about a conversation with Jobs when Apple...