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Bernard Arnault News
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Among the luxury showrooms in the property is one belonging to Louis Vuitton, the flagship brand of Bernard Arnault’s LVMH empire.
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According to Forbes' real-time billionaire list, Arnault and his family’s net worth grew to $207.8 billion after a $23.6 billion increase, passing Musk’s $204.5 billion.
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Bernard Arnault's fortune dropped amid a selloff.
A 5 per cent drop in LVMH's share price hit Arnault's net worth.
Bloomberg Billionaires Index estimated his net worth at $177.7 billion.
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The 47-year-old joined the family business in 2000 after two years at the management consultancy firm McKinsey and studying at the London School of Economics. She joined the LVMH board in 2003 - becoming the first woman and youngest person to serve on it, The Guardian reported.
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Musk becomes first person in history to lose $200 billion wealth.
His wealth once peaked $340 billion.
The drastic fall in net worth is associated with decline of Tesla shares' value.
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Elon Musk sees drastic net worth drop this year as Tesla's shares price drop steeply.
Elon Musk overtook Amazon’s Jeff Bezos as the world’s richest person for the first time in 2021.
Bernard Arnault oversees LVMH empire that includes 70 luxury fashion and cosmetic brands, like Louis Vuitton.
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The world's second-richest man, CEO of LVMH, and the founder of Louis Vuitton, Bernard Arnault, sold his private jet and started renting aircraft for travelling after Twitter accounts started tracking his flights.
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Jeff Bezos takes away Bernard Arnault’s position as world's richest man.
Forbes' Real Time Billionaire rankings.
Elon Musk third richest man.
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Bernard Arnault world's richest man.
Forbes' Real Time Billionaire rankings.
Bezos' second richest, Musk third.
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