Bernard Arnault surpasses Elon Musk as the richest person in the world, with a net worth of $207.6 billion. Arnault s rise to the top came as tech stocks struggled due to high inflation. The French billionaire s surge in net worth, driven by positive LVHM results, led him to overtake Musk. Arnault, Chairman and CEO of LVHM, saw a $23.6 billion increase, while Musk s net worth dipped by $18 billion after a 13% drop in Tesla s stock. Luxury goods group LVMH, which owns brands like Louis Vuitton and Dior, posted a 10% rise in Q4 sales, contributing to Arnault s success.
Arnault, currently serving as the Chairman and CEO of LVMH (Moët Hennessy – Louis Vuitton), commands a net worth of USD 207.6 billion, , elon musk, Bernard Arnault
The awards of the French Legion of Honor to Jonas Kaufmann and Elisabeth Engelbrechtsmüller-Strauss underline the importance of their artistic and business…
Early 20th century industrialist credited with changing the face of automobile manufacturing in France, André Citroën is routinely referred to as the Henry Ford of his country. Written by Nick Smith
Andrew Young awarded the French Legion of Honor ajc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajc.com Daily Mail and Mail on Sunday newspapers.