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 ...
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Bernard Arnault turned a one-franc deal in 1984 into a €319 billion luxury empire. Now, memories of the controversial 40-year-old deal are resurfacing
Bernard Arnault’s reputation as a master dealmaker predates the founding of LVMH, the luxury conglomerate he runs, in 1987. Three years before that, the French businessman bought Christian Dior ...