Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike,
A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global rich list. Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton, has become about $14 billion richer already in 2025 ...
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros was paid on December 4, while the remaining 7,5 euros per share will be paid on April 28.
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate taxes in
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
Key figures included Elon Musk, Jeff Bezos, and Mark Zuckerberg ... Joining them were global leaders like Indian magnate Mukesh Ambani and LVMH CEO Bernard Arnault, making it a rare congregation ...
Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she understood his 'anger.'
This year's list highlights several tech-driven tycoons from the United States who have leveraged education and innovation to amass their fortunes.