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

More than half of California’s 10 richest billionaires attended college in the Golden State, according to Forbes.

Maryland boasts 11 billionaires this year, including Baltimore-area residents who founded Under Armour, Squarespace and ...

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

The chairman and CEO of French luxury conglomerate LVMH has called for a free trade zone between the European Union and the ...

Eloi_Omella/istockphotoWhile it may not feel possible to us regular folks, the number of millionaires and billionaires is ...

The former richest man in the world has dropped further on the Forbes billionaires List, falling to 6th place, while Elon ...

LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.

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 ...

Consumer companies rose slightly after a mixed report from a luxury giant. Shares of Lous Vuitton owner LVMH inched higher after it reported first-quarter earnings that were modestly higher.

LVMH CFO Cecile Cabanis said "aspirational clientele is always more vulnerable in less positive economic cycles." ...

European luxury goods giant LVMH Moet Hennessy Louis Vuitton (MC) has reported disappointing financial results as growing economic and market ...