Bernard Arnault

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...

The bear market in 2022 was a rough patch for billionaires around the world. Or at least, for their balance sheets. Last year’s annual ranking of the planet’s richest people by Forbes, featured 87 fewer people than in 2021, with the group losing a collective $400 billion on the heels of...

 The leader of the world’s leading electric vehicle company suffered a huge loss of wealth in 2022. The drop moved Tesla Inc (NASDAQ: TSLA) CEO Elon Musk down the billionaires' list — and had him receiving an award. What Happened: In 2022, Musk saw his wealth drop thanks...

The printing press is considered to be one of the greatest inventions of all time. It kickstarted a revolution and transformed the way ideas are communicated across the globe. Here’s a fun statistic about the printing press as it relates to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What...

Bernard Arnault on Tuesday dethroned Tesla CEO Elon Musk to become the World’s richest man after his net wealth topped $171 billion.  What Happened: The French business magnate became the first person in Europe to lay claim to having the largest fortune on the planet after gaining a...

Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), SpaceX and Twitter, is no longer the richest person in the world. What Happened: Musk is worth $181.3 billion, while LVMH (OTC: LVMUY) CEO Bernard Arnault and his family are worth $186.2 billion, according to the Forbes Real-Time...

Billionaire Jeff Bezos is best known as the founder of Amazon.com, Inc. (NASDAQ: AMZN), but he reminded everyone where he got his start when he showed some love for his former employer over the weekend. Bezos tweeted a photo of himself finishing off what appears to be a Big Mac...

Indian billionaire Gautam Adani once again reclaimed the world's 3rd richest person title with a $1.37 billion gain on Tuesday.  What Happened: Indian business tycoon surpassed Amazon Inc. (NASDAQ:AMZN) founder Jeff Bezos in the world's rich list on Tuesday to gain the title.  See Also: Mark...

Meta Platforms Inc.’s (NASDAQ: META) bad year just got worse as the company disappointed investors with an earnings miss and hinted at increased investments even as the macroeconomic conditions remain hostile. What Happened: Meta stock is on track to open Thursday’s session with a loss...

Luxury-goods company LVMH Moet Hennessy Louis Vuitton's (OTC:LVMUY) Bernard Arnault sold his private jet to stop Twitter accounts from tracking his travels. What Happened: Fed up with Twitterverse tracking Arnault's every move via his private plane, the world's second-richest person on...

A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022. Here’s a look at how the market collapse impacted the wealth of the richest people in the world. What’s Happened: Tuesday marked...

Indian billionaire Gautam Adani surpassed Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos to become the world's third richest person, according to the Forbes real-time billionaires list, after gaining $2.8 billion in a day on Wednesday. What Happened: With Tesla Inc (NASDAQ: TSLA)...

The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost. What Happened: The 500 richest...

The world’s richest people have struggled to maintain their massive wealth in 2022 with many stocks down year-to-date and the overall market seeing a pullback. Here’s a look at how the top ten billionaires have fared. What Happened: The top 10 richest people in the world have lost a...

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) since 1970, has grown the firm to a market worth of $730 billion while ballooning his own net worth to a level that has anointed him the role of the world’s greatest investor. While the Oracle of Omaha has amassed a...