Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
Elon Musk, Mark Zuckerberg
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
The billionaire is the chairman and chief executive of LVMH, a vast empire of 75 fashion and cosmetics brands, and he and his family are believed to be worth almost £140billion.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount Global and Skydance Media, sources told The Post.
Musk's planes spent approximately 881 hours in the air in 2024. After the election, the majority of the trips had one destination: Palm Beach, Florida.
JPMorgan had sued Tesla in 2021, kicking off a drawn-out dispute that was at least in part tied to Musk’s infamous 2018 tweet where he said he had “funding secured” to take the