Bernard Arnault, the world’s richest person, had US$11.2bil (RM51.2bil) wiped from his fortune in one day over concerns that a softening US economy would dampen demand for luxury goods.
Tuesday's defeat came after a long rally in LVMH's share priceWashington: The world's richest man, Bernard Arnold, wiped $11.2 billion off his fortune in
Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex