LVMH Breakup Goes From ‘Why?’ to ‘Why Not?’
Splitting the bling behemoth would create value, but the question is whether Bernard Arnault would take an ax to his empire.
24/7 Wall St12d
How Bernard Arnault of LVMH Moet Hennessy Louis Vuitton Lost $1.7 Billion
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Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
Oxfam estimates that 6% of the ultra-wealthy ... It wasn’t just Silicon Valley CEOs who showed their support. LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...
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These are the five people who could become trillionaires in the next few years
Bernard Arnault still continues to thrive in the luxury goods sector, noted Fortune. In spite of this major wealth accumulation among the ultra-rich, Oxfam actually highlights that global poverty ...
Wall Street Journal12d
The French Billionaire Working His Trump Ties to Spare His Luxury Empire
It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH MC2.35%increase; green up pointing triangle. Arnault wanted to check in on the man he had known for decades. Trump was also ...
Star Tribune1y
We could see the world's 1st trillionaire in the next decade. Here are some of today's richest 1%
NEW YORK — The world might see its first trillionaire sooner than you think. And that puts a spotlight on today’s richest 1%. In an annual assessment of global inequalities published earlier ...
Business Insider1mon
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Bernard Arnault, the billionaire CEO of the luxury conglomerate LVMH, has said there are no plans to relocate the company after his criticism of proposed French tax hikes faced backlash.
Reuters27d
Trump’s tariff threats hang over young Arnault’s mission to fix LVMH drinks unit
Alexandre Arnault, one of LVMH CEO Bernard Arnault's five children vying for more responsibility in their father's empire, told Reuters he needed a few months to draw up a plan. "Give us 100 days ...
Wall Street Journal4mon
Bernard Arnault
LVMH’s Arnault Family in Talks to Buy Majority Stake in Storied Parisian Soccer Club Agache, the holding company of LVMH founder and Chief Executive Bernard Arnault’s family, is in exclusive ...
Fortune5mon
Delphine Arnault
Delphine Arnault is the eldest child and only daughter of LVMH chairman and CEO Bernard Arnault, whose fortune of around $170 billion regularly makes him one of the world’s richest men.
THE WEEK1y
A 'wolf in cashmere': How Bernard Arnault became the world's richest person
Luxury conglomerate LVMH has passed $500 billion in value, becoming the first European company to ever achieve this milestone. While the average person may not know LVMH, they definitely know the ...
Fortune1y
Delphine Arnault
Delphine Arnault, named Dior chairman and CEO in January, is the oldest child and only daughter of LVMH president Bernard Arnault, whose fortune of nearly $200 billion regularly makes him the ...