Bernard Arnault gets 9-year extension as LVMH CEO amid succession plans
Bernard Arnault, the 76-year-old billionaire behind the world’s largest luxury goods conglomerate, is set to remain at the helm of ...
Tag: LVMH
Luxury billionaires’ net worth sinks by $28.3B as market demand falls
This downturn has notably impacted industry giants such as Bernard Arnault, Françoise Bettencourt Meyers, and François Pinault.
World’s richest woman: Francoise Bettencourt , Arnault networth slump $6 billion in 24hrs
Francoise Bettencourt Meyers, the world's richest woman, and Bernard Arnault, the Louis Vuitton boss, collectively lost $6 billion in net ...
World’s richest female billionaire, Francois Betterncourt, 3 others lose $8.2B in 24 hours
Some of the world's wealthiest richest people in the fashion industry faced significant losses, collectively amounting to a staggering $8.2 ...
Africa’s second-richest man Johann Rupert loses $3.7 billion in over 90 days
Africa's second-richest man and South Africa's wealthiest individual, Johann Rupert, has witnessed a substantial $3.7 billion reduction in his net ...
Bernard Arnault’s net worth drops by $9.1 billion in 24 hours
Bernard Arnault, the prominent figure in the global fashion industry and the second richest man in the world, encountered a ...
Fashion king, Bernard Arnault earns $55.5 billion in barely half a year
The CEO of Louis Vuitton Moet Hennessy (LVMH) holds about $9.43 billion in cash.
COVID-19: Louis Vuitton to manufacture free hand sanitizers to combat virus
Louis Vuitton's parent company, LVMH has disclosed its plans to help fight coronavirus by manufacturing and distributing hand sanitizers for ...
This billionaire made $39 billion in 2019, thanks to his luxury brands
After LVMH's stock cumulatively added $82 billion in value, the company’s Chairman and CE, Bernard Arnault, easily earned $39 billion.
Moet boss says Nigeria is its biggest Champagne market in Africa
In what many may take as a sign of Nigerians love for imported items, Moet and Chandon Global Ambassador Pierre ...
