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Bernard Arnault
LVMH boss buys stake in Cartier owner, sparking takeover rumors: reported
LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle.
3 zodiac signs most likely to be billionaires revealed — did you make the cut?
In a surprise to absolutely no one, 88% of billionaires are male, 65% are white, and 90% are 50 or older.
French tycoon pulls ahead of Jeff Bezos, Elon Musk on world's richest billionaires list
French luxury tycoon Bernard Arnault and his family top the list of wealthiest billionaires -- pulling ahead of runners up Jeff Bezos and Elon Musk.
Jeff Bezos dethrones Elon Musk to retake position as world's richest person
As of Monday's closing bell, the 60-year-old Amazon founder tops the Bloomberg Billionaire's List with a whopping $200 billion net worth -- most of which comes from his 9% stake...
World's richest people — led by Elon Musk — gained $1.5 trillion in 2023
The combined net worth of the top 500 richest people gained a cool $1.5 trillion this year, marking a major comeback from 2022, when this high-profile list of high earners...
Elon Musk's finances may crash Tesla's stock to the ground
Elon Musk's social media platform X has begun charging a $1 fee to new users in the Philippines and New Zealand.
Birkenstock left flat-footed by underwhelming IPO debut
Shares of the 250-year-old German sandal maker started trading at $41 after the IPO had priced at $46.
World's second-richest man, Bernard Arnault, being probed for money-laundering
A French newspaper reported that a preliminary investigation had been launched last year into transactions involving Arnault and Nikolai Sarkisov.
How will Birkenstocks fare following its billion-dollar bet to go public?
As a youngster in the 1980s, I eagerly awaited the summer season, when our unglamorous resort town in eastern Greece would be inundated by hordes of tourists clad in Birkenstocks....
Ozempic maker overtakes LVMH as Europe's most valuable company
LVMH, which has been Europe's most valuable company for two-and-a-half years, was briefly overtaken on Friday by Ozempic maker Novo Nordisk.
World's richest people have become $852B wealthier in 2023
The 500 richest people in the world have added $852 billion to their wealth so far in 2023. Elon Musk tops the list and has increased his fortune by $96.6...
Neiman Marcus weighs possible sale of Bergdorf Goodman, entire company: sources
“There is a civil-war going on between the ownership group,” a source with knowledge of the situation told The Post. “Neiman Marcus had a very bad year.”
Two of the world's richest people — and one of their mom's — have lunch together in Paris
Elon Musk and Bernard Arnault -- worth $229 billion and $197 billion, respectively -- lunched together in Paris while Musk was in town for a tech conference.
Beverly Hills voters reject swanky Rodeo Drive hotel bid by world's richest man
Arnault, the Frenchman worth $193 billion, derives his wealth from his massive stake in LVMH Moet Hennessy Louis Vuitton.
World's richest person Bernard Arnault loses $11B in one day -- but he's still richer than Elon Musk
LVMH boss Bernard Arnault, 74, lost $11.2 billion in one day on Tuesday -- when LVMH stock shares fell 5% in Paris. He's still the wealthiest person in the world.
Billionaire Nelson Peltz exploring a possible shakeup of Estée Lauder: sources
Billionaire Nelson Peltz is exploring a possible shakeup at Estée Lauder that could include ousting the longtime CEO of the cosmetics giant -- and possibly pushing for a turnaround and...
World's richest man holds monthly lunches with kids to groom them for running $200B empire
The monthly sessions are part of Arnault's overall, decades-long plan to prepare his children to run the company once he is no longer there.
LVMH boss Bernard Arnault's wealth hit all-time high of $210B even as French protesters stormed office
Arnault is approximately $30 billion richer than Elon Musk, the world’s second-wealthiest individual.
Elon Musk dethroned as world's richest person: Forbes
The Tesla founder and Twitter CEO was knocked off the top spot on Forbes' 2023 billionaires list by fashion industry exec Bernard Arnault of France, who has a $211 billion...
Luxury goods titan LVMH makes moves along NYC's Billionaires' Row
French conglomerate LVMH is relocating its US headquarters to 550 Madison Ave., as well as shuffling its Louis Vuitton store to Trump's 6 E. 57th St.