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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 ...
Net worth Sources of wealth 1 Bernard Arnault & family 74 211 billion LVMH: 2 Françoise Bettencourt Meyers: 70 80.5 billion L'Oréal: 3 François Pinault: 86 40.1 billion Kering: 4 Alain Wertheimer: 74 31.6 billion Chanel: 4 Gérard Wertheimer: 72 31.6 billion Chanel: 6 Emmanuel Besnier: 53 27.6 billion Lactalis: 7 Nicolas Puech: 80 9.8 ...
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]
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 ...
Your net worth is like a scorecard of how you're doing financially. ... Net Worth of the 95th Percentile. 18-29. $415,700. 30-39. $1,104,100. ... NYC legal weed shop landed $7M in sales in 2024 ...
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
October 19, 2024 at 12:41 PM. ... Sales in LVMH's jewelry and watch business only fell 4%, and the "Tiffany rebrand is being well received," Deutsche Bank's Cochrane wrote in his note.