Bernard Arnault

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is the world's richest person and has watched his wealth climb in 2024 despite the price of Tesla stock falling. A prediction market allows bettors to wager on if Musk will remain the world's richest man at the end of the year. What Happened: The title of the...

Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton (OTC:LVMHF) (OTC:LVMUY), has seen his net worth drop by $54 billion, moving him from the world’s richest person to nearly fifth place. What Happened: Arnault’s fortune peaked at $231 billion in March, placing him ahead of Elon...

Elon Musk became a billionaire at the age of 41 thanks to his leadership at Tesla Inc (NASDAQ:TSLA) and several other companies and today is considered one of the greatest innovators of all time. The Gutenberg printing press was introduced in 1440 and is considered one of the greatest inventions of...

French billionaire Bernard Arnault has been making a series of investments in artificial intelligence startups through his family office, Aglaé Ventures. What Happened: Arnault, the CEO of luxury goods conglomerate LVMH (OTC:LVMHF), has made five AI-related investments in 2024, according to data...

French billionaire Bernard Arnault recalled the time when he and Elon Musk, the CEO of Tesla and SpaceX, discussed the idea of a Louis Vuitton-branded rocket. What Happened: While appearing on CNBC’s Squawk Box, Arnault spoke about his discussions with Musk. “I admire very much what he'...

French luxury mogul Bernard Arnault on Friday disclosed that the late Steve Jobs had once sought his counsel on the retail strategy for Apple (NASDAQ:AAPL), despite skepticism from industry rivals. What Happened: While appearing on CNBC, Arnault reminisced about a conversation with Jobs when Apple...

French luxury businessman Bernard Arnault is poised to see a significant drop in his fortune, potentially by several billion dollars. Nearly half of Arnault’s wealth is tied to his stake in LVMH-Moët Hennessy Louis Vuitton (OTCPK: LVMHF), which saw a nearly 5% decline in over-the-counter...

Jeff Bezos and Bernard Arnault, the titans behind Amazon and LVMH, respectively, are the world's wealthiest individuals, boasting a combined fortune of approximately $400 billion. While both have carved out their empires, their paths to immense wealth are distinct from one another, as...

A fierce rivalry between the CEOs of Tesla Inc (NASDAQ:TSLA) and Meta Platforms Inc (NASDAQ:META) almost saw the billionaires settle their differences with a cage fight. While the cage fight never took place, the two rivals continue to battle, but mostly in terms of stock performance and wealth....

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has fallen to the third spot on the list of the world’s richest people, just weeks after holding the number two position. This shift is largely due to a slump in Tesla’s stock price this year. Electric Struggles: Tesla has been...

The founder of Amazon Inc., Jeff Bezos, has once again claimed the title of the world’s wealthiest individual, surpassing Tesla Inc. CEO Elon Musk on Monday. What Happened: Bezos’s net worth rose to $200 billion, overtaking Musk’s $198 billion. Bezos, the Amazon founder, expanded...

LVMH Moet Hennessy Louis Vuitton SE (OTC:LVMHF), the French multinational luxury goods conglomerate, is making a significant move in the global luxury watch market. The company has launched a new watch division and introduced a range of high-end models. What Happened: LVMH is aiming to capture a...

Shares of Meta Platforms Inc (NASDAQ:META) hit all-time highs Friday after the company reported fourth-quarter financial results that were better than expected by analysts. The surging stock price has increased the wealth of Meta CEO Mark Zuckerberg. What Happened: Meta beta revenue and earnings...

A strong stock market in 2023 helped boost the wealth of the world's richest people. However, a new report shows that most people are working longer hours for less money. What Happened: According to Oxfam, the top five richest people gained 114% in wealth over the past three years. The five...

Billionaire Elon Musk regained the title of world's richest person to end the 2023 year, after a move back to first place in February and again in May. Musk and the other nine richest people in the world all saw their wealth grow dramatically in 2023 thanks to a strong stock market and soaring...