Hosted on MSN1mon
These are the five people who could become trillionaires in the next few years
Bernard Arnault still continues to thrive in the luxury goods sector, noted Fortune. In spite of this major wealth accumulation among the ultra-rich, Oxfam actually highlights that global poverty ...
LVMH Seeks to Clear Way for Bernard Arnault to Stay at the Helm Until 85
PARIS (Reuters) - Bernard Arnault, 76, could remain at the helm of the world's largest luxury group LVMH until he's 85 if ...
Hosted on MSN1mon
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
Oxfam estimates that 6% of the ultra-wealthy ... It wasn’t just Silicon Valley CEOs who showed their support. LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...
Wall Street Journal22d
The French Billionaire Working His Trump Ties to Spare His Luxury Empire
It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH MC-0.46%decrease; red down pointing triangle. Arnault wanted to check in on the man he had known for decades. Trump was also ...
THE WEEK1y
A 'wolf in cashmere': How Bernard Arnault became the world's richest person
Luxury conglomerate LVMH has passed $500 billion in value, becoming the first European company to ever achieve this milestone. While the average person may not know LVMH, they definitely know the ...
Star Tribune1y
We could see the world's 1st trillionaire in the next decade. Here are some of today's richest 1%
NEW YORK — The world might see its first trillionaire sooner than you think. And that puts a spotlight on today’s richest 1%. In an annual assessment of global inequalities published earlier ...