Neil Armstrong and his ex-wife Janet Shearon Armstrong shared three children: Mark, Rick and Karen. Here’s everything to know ...

Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a ...

While reviving heritage fashion brands can be lucrative, only a handful have been financially successful despite critical ...

Paris has everything -- stunning architecture and arguably the best food and fashion in the world. But the French capital ...

With the aim of creating the world's leading luxury products group, Arnault got the responsibility to lead the company as the ...

LVMH extends Bernard Arnault’s leadership until age 85, but questions linger over the luxury giant’s unclear succession ...

During the luxury group's general assembly on Thursday, LVMH's boss secured permission to hold the CEO position until the age ...

PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the ...

Way back in 2010, LVMH's billionaire CEO Bernard Arnault shocked the corporate world by acquiring a huge stake in Hermes. It ...

Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...

Of the top 10 wealthiest people, nine of them are from the United States, while Bernard Arnault is from France ... Alice Walton of the Walmart family from the US has a net worth of $105 billion.