The man of almost 200 billion dollars is the majority shareholder of the French luxury conglomerate LVMH, which surpassed, in fortune, the eccentric Elon Musk and took out of business the head of Amazon, Jeff Bezos, who announced his retirement from the helm the empire he ruled on July 5th. According to Forbes, Arnault (72) … Read more
The 72-year-old French Bernard Arnault, CEO of Louis Vuitton Moët Hennessy (LVMH), has knocked Amazon founder Jeff Bezos off the throne as the richest person on earth. This is evident from the Forbes Billionaires Index, the indicator for who is the richest. – Arnault heads the group of luxury brands, such as Louis Vuitton bags, … Read more
ILLUSTRATION. How Bernard Arnault builds assets to become the world’s richest person Source: Yahoo Finance | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Most of the richest people in the world today come from the United States (US) such as Jeff Bezos, Elon Musk, Warren Buffett and Bill Gates. But the name of French tycoon … Read more
Arnault’s fortune increased from 76 billion in March 2020 to 186.3 after 14 months of pandemic, when his brands, included in the Louis Vuitton Moët Hennessy group, experienced a fantastic expansion. The LVMH group includes only luxury brands, such as Fendi, Christian Dior and Givenchy. The first passion in Bernard’s life was music, but he … Read more
The Frenchman even surpassed Elon Musk’s top three by $ 39 billion. On Monday, he became the richest man in the world. The news website informed about it RTT News. Arnault’s net worth has grown massively in the last fourteen months, by $ 110 billion. This growth is mainly attributed to the success of LVMH … Read more
KONTAN.CO.ID – JAKARTA. French fashion tycoon, Bernard Arnault, became the world’s richest person to overtake Jeff Bezos after his net worth soared to US $ 186.3 billion in the last 14 months. Arnault’s fortune has increased by US $ 110 billion during this period. Launch Daily Mail, Tuesday (25/5), shares of the company Moët Hennessy … Read more
L Catterton, the US-French private equity firm, agreed to buy the German company Birkenstock, known for its sandals, because through its spokespersons it was announced that it will sell a majority stake to the private finance company and its subsidiaries, including Financière Agache, the French billionaire’s family investment company Bernard Arnault, owner of the luxury … Read more
Buffet conglomerates are involved in about 90 companies in various fields. In fact, there are also significant shares in a number of well-known companies, such as the world’s largest producer of soft drinks, Coca-Cola, which Buffett loves. And his empire was able to cope with the coronavirus crisis. In the second quarter, after a record … Read more