Search results
Results from the WOW.Com Content Network
LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back. Bernard Arnault’s LVMH is stepping into 2024 with confidence after its highest-end ...
The elite group worth more than $100 billion includes Elon Musk, Jeff Bezos, and Bill Gates. The 16 members have grown almost $900 billion richer this year and are jointly worth $2.8 trillion.
According to Bloomberg Billionaires Index Arnault was the wealthiest person in the world, with a net worth of about US $218 billion in May 2024. [74] By 14 June 2024, according to Forbes , Musk had regained first place, with Bezos in second place, and Arnault, with US$ 194.2 billion, in third place.
The hard-right National Rally was expected to score a crushing victory, but that didn't happen. Instead, the leftist New Popular Front took the majority of seats, with 182 out of the total of 577.
As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46] As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48]
Net worth [1] [2] Age Country Source(s) of wealth 1 Bernard Arnault: 158 billion 74 France: LVMH: 2 Françoise Bettencourt Meyers: 80.5 billion 69 France: L'Oréal: 3 Amancio Ortega: 77.3 billion 87 Spain: Zara: 4 Gopichand Hinduja: 46.9 billion 84 United Kingdom: Hinduja Group: 5 Dieter Schwarz: 42.9 billion 83 Germany: Schwarz Gruppe: 6 ...
China stocks and China-related stocks fell back to earth after a huge run-up over the past month.
Uncomfortably, fashion and leather goods is far and away the No. 1 revenue contributor for LVMH; it was responsible for 48% of the company's total for the period. No. 2, selective retailing, was ...