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The Latest Breaking News from Bernard Arnault

Musk, Bezos, Zuckerberg Lose More Than $150 Billion Combined

Five billionaires lost $300 billion of their net worth during the market downturn.

Top 50 Richest People Have Lost More Than Half a Trillion Dollars This Year

Top 50 Richest People Have Lost More Than Half a Trillion Dollars This Year

The top 50 richest people in the world have lost more than half a trillion dollars on paper this year, a stunning loss of wealth that exceeds the gross domestic product of Sweden and is greater than the market caps of all but six companies in the S&P 500.

The world’s top 10 billionaires: Who are they, what is their net worths and how did they build their fortunes?

The world’s top 10 billionaires: Who are they, what is their net worths and how did they build their fortunes?

The rate of billionaires increases year on year, with the current number at 2,755 billionaires worldwide, according to Forbes magazine.

Evening Standard

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Billionaire Jeff Bezos Lost $20.5 Billion in 24 Hours

The founder of Amazon saw his personal fortune melt by more than $20.5 billion in 24 hours.

5 People Richer Than Warren Buffett (For Now)

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) since 1970, has grown the firm to a market worth of $730 billion while ballooning his own net worth to a level that has anointed him the role of t

Luxury goods market on a high, despite conflict, pandemic

Global luxury brands have posted strong results for the first quarter of this year despite global hardships including the conflict in Ukraine, inflation and Covid restrictions in Asia. This comes on the back of an exceptional year in 2021.

Radio France Internationale

Gautam Adani Joins the Elite $100 Billion Club

The world has a new centibillionaire.

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Louis Vuitton to Ramp up Production in France with 2 New Sites

Louis Vuitton to Ramp up Production in France with 2 New Sites

Louis Vuitton, the world's largest luxury label and part of LVMH Moët Hennessy Louis Vuitton, plans to ramp up production in France, with two new sites scheduled to open before the end of the year, LVMH boss Bernard Arnault said on Tuesday. "We are at the end - I hope…

Asharq Al-Awsat

World's biggest billionaire climate scroungers speeding up global heating

World's biggest billionaire climate scroungers speeding up global heating

Some of the world's richest people are emitting many thousands of times more carbon dioxide into the atmosphere than the average person, meaning their contribution to global heating is as outsized as their wallets

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