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The Latest Breaking News from Bernard Arnault

Luxury giant LVMH sales, profit hit new highs

Paris (AFP) - The world's top luxury group LVMH said Thursday that its sales and net profit both hit new heights last year, driven by strong demand in Europe, the United States and Japan.

AFP

French luxury group LVMH posts record sales, net profit for 2022

Paris (AFP) - The world's top luxury group LVMH said Thursday that its sales and net profit both hit new heights last year, driven by strong demand in Europe and the United States.

AFP

Flying shame: the scandalous rise of private jets

Last week, Rishi Sunak flew from London to Blackpool – his third private jet trip in 10 days. He’s far from the only one using air travel for short journeys. Just how much damage is this doing?

The Guardian - UK

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Why the French Want to Stop Working

President Macron’s attempt to raise the pension age has the nation up in arms.

The Atlantic

Gautam Adani slips to 4, Jeff Bezos enters top 3 in world's richest people list

Gautam Adani's net worth on is $120 billion while Jeff Bezos net worth rose to $121 billion. Bernard Arnault with $188 billion is the richest person on the earth

Livemint

Battle for succession in house of Dior: siblings jostle to seize family crown

The world’s richest man, Bernard Arnault, is choosing which of his children will lead his $418bn conglomorate. Cue gold-plated intrigue and drama …

The Guardian - UK

Meet Pietro Beccari: The new CEO of Louis Vuitton

French luxury house, Louis Vuitton Malletier, also known as Louis Vuitton is witnessing a management change. The chairman of the company, Bernard Arnault has reshuffled top management. Now, Pietro Beccari, who has been the head of Dior since 2018, will replace long-time Louis Vuitton CEO Michael Burke and Bernard has…

The Times of India

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Put the Nepo Babies in Charge of Luxury

LVMH is thriving under CEO Bernard Arnault and his offspring. Why not let the billionaire bling kids do what they do best?

Bloomberg

Billionaire owner of LVMH appoints daughter to run Dior

Arnault, 73, overtook Tesla founder Elon Musk as the world’s richest man last year

The Independent UK

World's richest man Bernard Arnault names daughter Delphine as Dior chief

The management changes will be effective on 1 February.

Livemint

Tycoon Arnault names daughter Delphine as Dior chief

Paris (AFP) - French billionaire Bernard Arnault announced Wednesday that his daughter Delphine would head his LVMH luxury empire's Dior fashion house in a leadership shuffle also featuring a new CEO at flagship brand Louis Vuitton.

AFP

World’s richest man Bernard Arnault picks daughter Delphine to run Dior

All five of Arnault’s children are involved in the management of his luxury fashion empire at senior levels

Evening Standard

LVMH shakes up leadership at Louis Vuitton, Dior

Paris (AFP) - French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand Louis Vuitton and appointing the daughter of billionaire boss Bernard Arnault atop Christian Dior Couture.

AFP

LVMH Names New Louis Vuitton CEO, Puts Arnault Daughter in Charge of Dior

LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is…

Asharq Al-Awsat

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Bangkok Post

Leadership shake-up at Dior, Louis Vuitton

PARIS: The French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand Louis Vuitton and appointing the daughter of billionaire boss Bernard Arnault atop Christian Dior Couture.

The Times of India

Billionaire Bernard Arnault taps daughter Delphine to run Dior amid shuffle

Bernard Arnault appointed his daughter Delphine to run LVMH’s second-biggest brand, Dior, as the 73-year-old billionaire continues to elevate his children to key posts in his luxury empire.

The Guardian - UK

Prosecutors call for France’s former spy chief to stand trial

Bernard Squarcini and 10 others await magistrates’ decision on hearing charges including influence peddling and forgery

Radio France Internationale

Investigators call for French former spy chief to face trial on fraud charges

Following ten years of criminal investigation, French legal officials have called for the trial of Bernard Squarcini, former head of the French internal security agency, and 10 others, on charges of abuse of office, fraud and complicity in breaches of professional and judicial secrecy.

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Livemint

Gautam Adani might become the second richest man in the world this year; here's how

Where Elon Musk lost $133 billion this year, on the other hand Gautam Adani's net worth gained $44 billion in last one year, as per Bloomberg Billionaires Index.

Daily Mirror

Elon Musk makes history by becoming the first person in the world to lose $200billion

Tesla owner and Twitter boss Elon Musk has now lost his spot as the world's richest man to French businessman Bernard Arnault

AFP

Bernard Arnault, emperor of luxury and world's top fortune

Paris (AFP) - Bernard Arnault -- who with his family now tops the wealth of Elon Musk -- gradually built LVMH into a global luxury empire by buying up iconic brands, sealing his reputation as a formidable and insatiable businessman.

The Guardian - UK

Elon Musk sells new $3.6bn tranche of Tesla shares

Latest selloff takes total sale this year to $23bn and follows loss of world’s richest man title

ABC News

This man just knocked Elon Musk off the top of the rich list. Who is Bernard Arnault?

He made a lot of noise on his way to the top, but now Elon Musk has fallen from the top of global rich lists. The title now belongs to Bernard Arnault, a man who's known to some as "the wolf in cashmere".

Evening Standard

Who is Bernard Arnault? Elon Musk is no longer the world’s richest man

Arnault becomes the fifth person to rank number one on Bloomberg’s wealth index since it debuted in 2012 after Elon Musk, Jeff Bezos, Bill Gates and Carlos Slim.

The Guardian - UK

Elon Musk loses title of world’s richest person to Bernard Arnault

Loss of top spot to LVMH chief executive comes after Tesla shares more than halve in value

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