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The Latest Breaking News from Bernard Arnault

Six tips for budding centibillionaires (No 1: come from a very wealthy family)

The world’s richest people started near the top. Where does that leave the rest of us, asks Caroline Knowles, author of Serious Money: Walking Plutocratic London

The Guardian - UK

French Businessman Beats Bezos and Musk As World's Richest Billionaire

French Businessman Beats Bezos and Musk As World's Richest Billionaire

LVMH founder, Bernard Arnault, is currently the world's richest person with a net worth of $228 billion, after his company generated $94 billion in revenue.

International Business Times UK

All billionaires under 30 have inherited their wealth, research finds

All billionaires under 30 have inherited their wealth, research finds

Fifteen young billionaires are among the first wave of a $5.2tn transfer of wealth by the ageing super-rich

The Guardian - UK

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Taylor Swift Joins Forbes World's Billionaire List With Taylor Swift Joins Forbes World's Billionaire List With Top News.1Billion Fortune.1Billion Fortune

Taylor Swift joins Forbes Billionaire List with Taylor Swift Joins Forbes World's Billionaire List With Top News.1Billion Fortune.1 billion fortune. Bernard Arnault leads 2,781 billionaires. Tech giants and newcomers feature prominently.

Steve Jobs asked the CEO of Louis Vuitton for advice when designing the retail experience at the very first Apple Store

Steve Jobs asked advice from Louis Vuitton's CEO before opening the first-ever Apple Store.

Frank Gehry’s Louis Vuitton handbags see fashion meet architecture

Frank Gehry and Louis Vuitton’s limited-edition sculptural bags tell a tale of sharp design and precise craftsmanship. Here, the architect tells the story behind the project

Paris Olympics Set For Gold Medal In Luxury Promotion

From the podium to athletes' wardrobes, French luxury goods giant LVMH is planning to put high-end Gallic chic at the heart of the Paris Olympics, underlining how sport has become a promotional platform for even the most exclusive brands.

International Business Times

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LVMH Posts Record Sales And Profit In 2023

LVMH Posts Record Sales And Profit In 2023

The world's largest luxury goods group LVMH announced record results Thursday, even as growth slowed towards the end of last year and sales of spirits shrank.

International Business Times

Elon Musk loses $11bn from his fortune as Tesla shares tumble after profits fall

But he still remains the richest person in the world with a net worth believed to be above $200 billion

Evening Standard

Oxfam Predicts Trillionaire Within Decade Amidst Growing Global Inequalities

Oxfam Predicts Trillionaire Within Decade Amidst Growing Global Inequalities

Oxfam warns that the world could have its first trillionaire within a decade, highlighting growing inequalities exacerbated by the pandemic.

As the billionaires gather at Davos, it's worth examining what's become of their dreams

As the billionaires gather at Davos, it's worth examining what's become of their dreams

Gathering for their annual World Economic Forum at Davos in Switzerland this week, the world’s business and political elite will be digesting some unpleasant reading courtesy of the aid agency Oxfam International.

The Conversation

Gen X drugmaker is coughing up millions for Paris Olympics sponsorship to show Gen Z and millennials it's a cool place to work

Gen X drugmaker is coughing up millions for Paris Olympics sponsorship to show Gen Z and millennials it's a cool place to work

Sanofi is hoping the exposure will help put the brand in front of prospective young talent which it has struggled to recruit.

Jeff Bezos Net Worth 2024: Amazon Founder's $172.3B Wealth Set To Soar Atop Blue Origin Rockets

Jeff Bezos Net Worth 2024: Amazon Founder's $172.3B Wealth Set To Soar Atop Blue Origin Rockets

Jeff Bezos is the third-richest man in the world today, behind Elon Musk and Bernard Arnault. Here's a look at his net worth and where it could be in 2024.

International Business Times

Fashion Power 100 revealed: the hottest industry style players ranked

From designer heavyweights to industry titans and trending ingenues, the Standard has ranked the style world’s most significant figures of 2023 from one to 100

Evening Standard

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The Guardian - UK

Twelve billionaires’ climate emissions outpollute 2.1m homes, analysis finds

Research shows impact from lifestyles and investments of likes of Jeff Bezos, Bill Gates and Elon Musk

Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers

The fashion billionaire has reportedly provided his six heirs with instructions on everything from appointing style directors to going public.

LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos

LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.

Bernard Arnault, the world's second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years

LVMH boss Bernard Arnault's wealth topped $200 billion in April surpassing Elon Musk as luxury industry made big gains—but the tide may now be turning.

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European luxury stocks may not have shaken off the impact of economic pressures just yet as a key index that tracks the top 10 luxury stocks declined the most in a quarter since 2020

The luxury stock index, which includes LVMH, Ferrari and Richemont, is under pressure due to tighter consumer spending globally—especially in China.

The Guardian - AU

Birkenstock set to float on stock market with valuation of nearly $10bn

German sandal maker has come a long way from its founding in 1774 as a maker of orthopaedic shoes to going public on the NY stock exchange

World’s second richest man LVMH's Bernard Arnault under investigation in Paris over connections to Russian oligarch

French prosecutors said the investigation has been underway since 2022. Bernard Arnault's lawyers said money-laundering allegations linking to Nikolai Sarkisov were "absurd and groundless."

The Guardian - UK

Victoria Beckham raises the barre with ballet-inspired Paris show

Oversized knits and even hair nets were given a chic glow-up, while Loewe served urbane surrealism

The Independent UK

Billionaire Louis Vuitton owner Bernard Arnault and Russian oligarch investigated in money-laundering probe

Probe into loans allegedly given to a Russian oligarch to buy a luxury Alpine resort

Radio France Internationale

French billionaire investigated in money laundering probe

French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money laundering at a luxury Alpine resort, according to Paris prosecutors.

The Guardian - UK

‘Saint-Tropez has become LVMH Ville’: locals slam super-rich ‘takeover’

The annual influx of billionaires is leading to ‘odious’ practices in the French Riviera town

People

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