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Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...
More than $9 billion was wiped from French billionaire Bernard Arnault’s fortune Tuesday morning after shares of his luxury goods conglomerate LVMH slumped by more than 7% following an ...
Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts.
Louis Vuitton owner LVMH is the first European luxury group to release its first-quarter results. Headed by billionaire Bernard Arnault, the company is considered a bellwether for the industry because ...
The producer of Louis Vuitton bags and Dom Perignon champagne, owned by Europe's richest man Bernard Arnault, generates a quarter of its revenue in the United States. Despite putting up decent ...
Paris (AFP) – Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the ...
Elon Musk was named the richest person in the world, a comeback after being dethroned Bernard Arnault and family for several years. A record 3,028 people around the globe making Forbes’ annual ...
However, Bernard Arnault, CEO of LVMH, experienced a $5.70 billion loss, and the billionaires' collective net worth remains down for the year.
Tesla CEO Elon Musk saw the largest single-day gains, raking in $35.9 billion alone, and French billionaire Bernard Arnault was the only one of the top 10 to keep registering losses, slipping down ...
LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best ...
Of the top 10 wealthiest people, nine of them are from the United States, while Bernard Arnault is from France, according to the daily Bloomberg Billionaires Index. Also worth noting is that the ...