Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
The billionaire is the chairman and chief executive of LVMH, a vast empire of 75 fashion and cosmetics brands, and he and his family are believed to be worth almost £140billion.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
Bernard Arnault the owner of LVMH is Europe's richest man and once overtook Elon Musk to become the world's richest.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
A custom hat that was almost lost and a lingerie-inspired “shirt” that may still be at large: every inaugural fashion moment that nearly stole the show.
"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
France's newspaper of record joins The Guardian in exiting the site formerly known as Twitter over Musk's increasingly extreme politics.