Bernard Arnault

According to the latest Forbes billionaires list, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk increased his net worth to $282 billion, and is now over $100 billion richer than Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos, according to the Daily Mail. Bezos’ net worth stands at $183.6billion,...

Gautam Adani, the chairman of business conglomerate Adani Group, has recently joined the exclusive centibillionaires club.  According to the Bloomberg Billionaires Index, Adani has now accumulated $100 billion in wealth. He became the 10th member of the club by adding almost $24...

Elon Musk saw his wealth soar in 2021 with the rising price of Tesla Inc (NASDAQ: TSLA) shares and the private valuation given to SpaceX. At one point in 2021, Musk was worth as much as all the MLB, NBA, NFL and NHL teams combined. Here’s a look at how quickly Musk could become a...

An index that tracks how much the richest people in the world are worth paints a grim picture of how the beginning of 2022 has fared for the most wealthy. What Happened: The Bloomberg Billionaires Index tracks the net worth of the richest people in the world. Their wealth is determined by the value...

While investors in both traditional and the crypto markets are feeling some pain at the start of 2022, the biggest loser so far has been the world’s richest man Tesla Inc (NASDAQ: TESLA) CEO Elon Musk, who’s net worth dropped by 9% last week, a whopping $25.1 billion. According to...

The gap between Elon Musk and the other ultra-wealthy continues to widen with increased valuations for Tesla Inc (NASDAQ: TSLA) and SpaceX. What Happened: Tesla shares hit a high of $900.00 Thursday, nearly hitting their all-time high of $900.40, after releasing third-quarter earnings.  The...

Amazon.com, Inc (NASDAQ: AMZN) Chair and recent space traveler Jeff Bezos is no longer the world’s richest person, according to the Forbes Real-Time Billionaire’s List. What Happened: Bezos, worth $192.6 billion at press time, was displaced by billionaire Bernard Arnault, CEO of...

The owner of a luxury goods company has surpassed two well-known entrepreneurs to become the richest person in the world. Bernard Arnault, the CEO and Chairman of LVMH Moët Hennessy Louis Vuitton SA (OTC: LVMUY), is now the world’s richest person, as reported by QZ.com. Right now,...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has lost his spot as the world’s second-richest person in the Bloomberg Billionaires Index. What Happened: Musk, the technoking and master of coin at Tesla, has seen his financial fortune slip as shares of the electric vehicle...

You may soon be able to stay at a hotel owned by Louis Vuitton. Belmond LTD (NYSE: BEL) shares were soaring Friday after news broke that the company will be acquired by LVMH Moet Hennessy Louis Vuitton SA ADR (OTC: LVMUY). What Happened Belmon — a hospitality company that owns,...