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The Latest Breaking News from Bernard Arnault

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

Elon Musk nears world’s richest title again

WASHINGTON: Elon Musk is closing in on recapturing his title as the world’s richest person since falling behind Bernard Arnault in December, thanks to Tesla Inc.’s 70% rise this year.

The Times of India

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

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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

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

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

Fortune

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

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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

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.

Fortune

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 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

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.

Fortune

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

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.

Bangkok Post

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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.

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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Los Angeles Times

Private jet travel isn’t so private after all. Some upset owners have had enough

Owning a private plane just isn’t what it used to be.

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

ABC News

Elon Musk knocked off top of Forbes rich list by Louis Vuitton boss Bernard Arnault

Twitter owner and Tesla boss Elon Musk is knocked off the top of the Forbes billionaire list after dropping billions from his net worth, according to Forbes.

The Times of India

Bernard Arnault replaces Elon Musk as world's richest person: Report

NEW DELHI: Tesla owner Elon Musk has lost the top spot on Forbes' billionaire list to Bernard Arnault, whose family owns the world's leading luxury group, LVMH.

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