Arnault

The French billionaire’s luxury conglomerate is in talks to add Paris Match magazine to its stable of media assets. The French billionaire’s luxury conglomerate is in talks to add Paris Match magazine to its stable of media assets. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Elon Musk has retaken the title of world’s wealthiest person. The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault’s LVMH fell 2.6% in Paris trading. Musk and the 74-year-old Frenchman have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world’s 500 richest people. Arnault first surpassed Musk in December as the tech industry struggled and luxury showed resilience in the face of inflation. LVMH, which…

Amid the highs and lows of 2022 for Elon Musk, the billionaire has seen his net worth tumble by more than $100 billion this year, and he has now been replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton`s parent company LVMH, as the richest man in the world. According to the Bloomberg Billionaires Index, Musk, 51, is now worth $168.5 billion (as of Tuesday), less than the $172.9 billion net worth of Arnault, 73. Last week, Arnault and his family for the first time logged personal wealth of…

Bernard Arnault, as the world’s second richest man, has become the main target for the campaign against needless private jet trips in France.Photo: NICHOLAS KAMM/AFP (Getty Images)Billionaires do seem to love the freedom of the skies, especially when they’re not crammed in with all the riff raff on any public flight. Though at the same time, the uber rich don’t enjoy other people criticizing them for routinely taking short jaunts on private jets while producing hundreds of tons of CO2 in the process.Bernard Arnault, the…