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The Latest Breaking News from Bernard Arnault

Elon Musk Could Learn a Thing or Two From Bernard Arnault

Luxury conglomerate LVMH reported Q1 2023 results on April 12. You would hardly know from its results that there was a possible recession around the corner. Iconic companies tend to be like that.

Barchart

Asian rebound helps push LVMH first quarter revenue beyond €20 billion

The world’s richest man Bernard Arnault is set to benefit from the jump in sales

Evening Standard

Here’s What You Could Buy With Elon Musk’s Fortune

Elon Musk is the second-richest person in the world as of Sunday, with a net worth of $171 billion compared to Bernard Arnault

Zenger

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Elon Musk net worth: Is he still the richest person in the world?

Has X's owner regained top spot after being ousted by French fashion mogul Bernard Arnault in the exclusive Forbes’ list?

Evening Standard

Fortune of world’s richest person Bernard Arnault tops $200bn

LVMH chair becomes only third person – after Elon Musk and Jeff Bezos – to ever amass such wealth

The Guardian - UK

The world's richest man just got richer. LVMH boss Bernard Arnault’s wealth has topped $200 billion for the first time

The French billionaire’s fortune has soared this year.

Fortune

Elon Musk ‘tweets himself out of top spot’ as world’s richest billionaire

Tech mogul now second-richest billionaire after $39bn of his net worth knocked off in a year

The Independent UK

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China's super rich population drops as tech crackdown, global factors hurt wealth

More than 400 people lost their billionaire status last year, most from China, as global monetary tightening, COVID-19 disruptions and Beijing's crackdown on major tech companies hurt the super wealthy, a ranking of the world's wealthiest showed.

Reuters

48 hours after he was crowned the world's richest person, Elon Musk loses top spot—again

LVMH founder Bernard Arnault is once again the wealthiest person on the planet.

Fortune

Move over Bernard Arnault, Musk is officially the richest person on Earth...again

Tesla's share price shot up by nearly 100% as of the close of play on February 27 when compared to its low in early January.

Fortune

Elon Musk loses rank as world’s richest person two days after reclaiming it from LVMH’s Bernard Arnault

Billionaire lost title last year as Tesla shares dipped

The Independent UK

A battle may be shaping up between the two richest men in the world over who controls the luxury electric car market

The English sports car brand Lotus plans to float its shares on the Nasdaq stock market in the latter half of this year through a reverse merger with a SPAC firm backed by Bernard Arnault.

Fortune

Chinese owner of Lotus Technology to list a stake in US via blank cheque firm

EV maker and R&D arm of car group owned by Geely planning to join Nasdaq in deal with Spac backed by Bernard Arnault

The Guardian - UK

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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Fortune

This Chinese billionaire has lost $39 billion from his personal fortune

The real estate mogul has also been removed from high profile political networks.

The Guardian - UK

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 …

Fortune

Why LVMH's Bernard Arnault making his daughter Dior CEO could have drawbacks

Hiring your kids comes with massive pros and cons experts have warned — and even then they may need to work twice as hard to prove themselves to staff.

The Independent UK

Billionaire owner of LVMH appoints daughter to run Dior

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

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Evening Standard

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

Fortune

Elon Musk's net worth drop breaks world record as biggest in history

The Tesla and Twitter CEO has also lost the title of world's richest person, which has been handed to LVMH founder Bernard Arnault.

Asharq Al-Awsat

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…

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 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.

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

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