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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 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 ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
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.
A centibillionaire is someone with a net worth of 100 billion (100,000,000,000) or more units of a given currency, generally of major world currencies such as the United States dollar, euro or pound sterling. [1] The following is a list of everyone who has ever been a centibillionaire.
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 ...
The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [ 2 ]