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Bernard Arnault
Luxury
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
October 17, 2024
Luxury
World's richest man loses US$11 bil after LVMH stock rout
Even with the selloff, LVMH founder, chairman and CEO Bernard Arnault, still has a net worth of US$191.6 billion.
May 24, 2023
Wealth
Musk loses world's richest title to Arnault with Tesla unwinding
Arnault, the new richest person in the world, is drama-free in comparison to Musk.
December 14, 2022