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LVMH dethrones Novo Nordisk as Europe’s most valuable company as Bernard Arnault adds $12 billion to net worth in 2025 ... with LVMH now worth €5 billion more than the Danish giant ...
Arnault is one of the richest individuals in the world, with an estimated net worth of US$199.7 billion as of September 2024, according to Forbes and US$208 billion according to Bloomberg Billionaires Index. [4] Arnault was raised in a devoutly Catholic household. He pursued Engineering at École polytechnique, graduating in 1971. He began his ...
LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The wine estate of Château d'Yquem, whose origins date back to 1593, is under LVMH ownership. [19] Bernard Arnault is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2024.
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LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back. ... Mustafa Yalcin—Anadolu/Getty Images. ... While LVMH’s fourth-quarter and 2024 ...
LVMH's fashion division, home to its top-earning Louis Vuitton and Dior labels, reported fourth-quarter sales of 11.1 billion euros, a year-on-year decline in organic terms of 1%, but beating a ...
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The funding rounds across the companies were worth $300 million in total, according to Fintrx, although it’s unclear how much of that was contributed by Arnault’s VC. ... The biggest of 2024 ...