Bernard Arnault

The French stock market, as represented by the CAC 40 index, has risen for five days this week, gaining 3.3% and marking the best weekly performance since the end of March. This occurred despite the fact that nationwide protests have erupted in recent days, with images of burning streets and police...

The world's two richest individuals, Louis Vuitton's Bernard Arnault and Tesla Inc CEO Elon Musk, lunched together on Friday in Paris. Two of the world's richest individuals, Louis Vuitton‘s (OTC:LVMUY) Bernard Arnault and Tesla...

Nvidia Corp.'s (NASDAQ:NVDA) CEO Jensen Huang is rumored to be visiting China on Tuesday for the first time in four years. Incidentally, a slew of corporate head honchos have been heading to the country. What Happened: China has held out a lot of promise for U.S. companies, given its status as a...

One of the most well-known figures in the world and the most followed person on Twitter has regained the title of world’s richest person. Here’s a look at how the wealth of Elon Musk breaks down and compares to second place.  What Happened: Musk lost the title of the world’s...

Bernard Arnault, CEO and chairman of LVMH Moet Hennessy Louis Vuitton (OTCPK: LVMHF), has decided to scrap his plans to build a luxury hotel in Beverly Hills.  Beverly Hills residents voted against the project, Bloomberg reported on Friday. Although some votes still need to be...

The CEO and co-founder of one of the largest technology companies in the world is likely smiling, with shares continuing their strong year-to-date gains and his wealth soaring following a rough 2022. What Happened: A strong first-quarter earnings report from Meta Platforms (NASDAQ: META)...

Bernard Arnault, the 74-year-old CEO of LVMH Moët Hennessy Louis Vuitton, is the world's richest man with an estimated net worth of over $200 billion. While the majority of his wealth comes from his luxury goods empire, Arnault has also established himself as a prominent investor, backing...

The surge in value of one luxury goods company has catapulted its CEO further up the world’s richest list. Here’s a look at just how much Bernard Arnault is worth now. What Happened: A legend in the fashion and luxury goods space, Bernard Arnault is the CEO and chairman of LVMH...

A plan by French President Emmanuel Macron to raise the retirement age from 62 to 64 is causing protesters to wreak havoc in the Parisian headquarters of companies synonymous with wealth. On Thursday, protesters stormed the headquarters of LVMH Moët Hennessy Louis Vuitton (OTC:LVMUY), the French...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is no longer the world’s richest person. He’s been once again pipped by Bernard Arnault, the CEO of LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY). What Happened: Musk’s worth at the time of writing was $176 billion, while Arnault, who...

Bernard Arnault, the richest person in the world and owner of luxury brand LVMH Moet Hennessy Louis Vuitton, reportedly sold one of his Los Angeles properties in late 2021 for a staggering $84.5 million. While the house was never listed for public sale, grant deeds confirm that the property...

After a rough 2022, Elon Musk is back on top as the world’s richest person. What Happened: Electric vehicle giant Tesla Inc (NASDAQ: TSLA) had its largest share price decline in 2022 since the company went public, with Tesla CEO Elon Musk's wealth falling significantly in 2022 as a...

While he’s not as popular as Jeff Bezos or Elon Musk in the U.S., Bernard Arnault doesn’t need to be — he’s the richest person in the world and may have the most unique story amongst his billionaire peers. Arnault, 73, born in France, may be most well-known today for his...

Rihanna was the featured performer during the Super Bowl Halftime show on Sunday. Shortly after her appearance, the singer’s rep confirmed what many suspected during the performance of her hit songs: Rihanna is pregnant with her second child. What Happened: Rihanna was announced as...

Amazon Inc. (NASDAQ:AMZN) founder Jeff Bezos surpassed Asia's and India's richest man, billionaire Gautam Adani, to reclaim the title of the world’s third-richest person.  What Happened: On Tuesday, Adani’s net wealth plunged by $872 Million, according to Bloomberg...