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China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $207 billion in just five days.
Grand Cross of the Legion of Honour (2023) [1] Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [2][3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world, with ...
Just last month, the French tycoon plummeted to the fifth-richest person in the world after a 20% drop in his company’s stock price resulted in a $54 billion cut of his net worth. And in May of ...
Bernard Arnault is the CEO of LVMH and the world's third-richest person. Chesnot/Getty Images. Five French luxury icons grew $50 billion richer last week on the back of China's stimulus plans ...
Sources of wealth 1 Bernard Arnault & family 74 211 billion LVMH: 2 Françoise Bettencourt Meyers: 70 80.5 billion L'Oréal: 3 François Pinault: 86 40.1 billion Kering: 4 Alain Wertheimer: 74 31.6 billion Chanel: 4 Gérard Wertheimer: 72 31.6 billion Chanel: 6 Emmanuel Besnier: 53 27.6 billion Lactalis: 7 Nicolas Puech: 80 9.8 billion Hermès ...
LVMH boss Bernard Arnault's wealth topped $200 billion in April surpassing Elon Musk as luxury industry made big gains—but the tide may now be turning.
However, Arnault still comes in behind Tesla CEO Elon Musk and Amazon founder Jeff Bezos. While being the third-richest person on the planet might be alright for some, Arnault as the former world ...
196,006 (2022) [4] Parent. Financière Agache (controlled by Arnault family) Website. dior.com. Christian Dior SE (French: [kʁistjɑ̃ djɔʁ]), [1] commonly known as Dior, is a French multinational luxury goods company that is controlled and chaired by French businessman Bernard Arnault, who also heads LVMH. [2]