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LVMH's Arnault could lead till 85 as company proposes raising CEO age limit

LVMH had stated in a filing that it will be seeking to raise the age limit for the CEO and Chairman to 85 from the current 80.

File image: LVMH CEO Bernard Arnault at an official state dinner as part of the Chinese president's two-day state visit to France.(AFP)
Published on Mar 14, 2025 03:15 PM IST

This billionaire, once world's richest, lost $32 billion in 2024. Not Jeff Bezos

Bernard Arnault lost the richest person tag in September 2024 following a 20% fall in his company's shares attributed to the current geopolitical tensions

Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, during an earnings news conference.(Bloomberg)
Updated on Dec 23, 2024 01:15 PM IST

LVMH chief Bernard Arnault to testify in trial of France's former spy chief

Bernard Squarcini, former head of France’s counterintelligence agency accused of leveraging his network to provide services to LVMH, started in November.

Bernard Arnault speaks during a press conference in Paris in July 24, 2023. (File Photo/REUTERS)
Published on Nov 28, 2024 10:02 AM IST
Reuters |

Europe's richest man sues Elon Musk’s X, demands pay for using his news content

Elon Musk is the world's richest person with a $319 billion net worth, while Bernard Arnault of LVMH is the world's fifth richest, with a $164 billion net worth

Elon Musk, Bernard Arnault met in Paris, France for a lunch meet.
Published on Nov 13, 2024 10:33 AM IST

Ambanis to Elon Musk: A look at billionaires and celebrities at Paris Olympics

Here is a look at the VIPs who are currently in Paris for the 2024 Olympic Games

Nita and Mukesh Ambani (L) and Elon Musk (R) in Paris for Olympics.
Published on Jul 27, 2024 09:53 AM IST
BySanya Jain

Ambanis spotted with LVHM billionaire Bernard Arnault at Paris Olympics 2024

Indian billionaire Mukesh Ambani and his wife Nita Ambani were spotted with Bernard Arnault ahead of the opening ceremony of the Paris Olympics 2024.

Mukesh Ambani (left), Nita Ambani (right) with LVHM billionaire Bernard Arnault (centre) at Paris Olympics 2024. (Instagram/@ambani_update)
Updated on Jul 26, 2024 09:15 PM IST

Bernard Arnault has been dubbed Olympics' godfather. How he built LVMH's fortune

This week, LVMH will be the face of the Paris Olympics. Here's how CEO Bernard Arnault built the dominant luxury group's fortune.

LVMH luxury group CEO Bernard Arnault, left, and French President Emmanuel Macron. (AP)
Published on Jul 24, 2024 12:04 PM IST
AP | | Posted by Krishna Priya Pallavi, New Delhi

Elon Musk surpasses Arnault, Bezos in billionaires list. His net worth is…

Forbes Billionaires list: Elon Musk's net worth reached $210.7 billion while Bernard Arnault holds second place with $201 billion.

Elon Musk, CEO of SpaceX and Tesla and owner of X, became the world's richest person, surpassing Bernard Arnault and Jeff Bezos (Reuters)
Updated on Jun 03, 2024 11:04 AM IST

Family affair: Two more Arnault sons join LVMH board

Family affair: Two more Arnault sons join LVMH board

Family affair: Two more Arnault sons join LVMH board
Published on Apr 18, 2024 09:59 PM IST
AFP |

Louis Vuitton and Dior Are Still Wardrobe Staples

Investors have seized on LVMH's performance as a sign of stability for the luxury industry. But it will probably be among the best.

Louis Vuitton and Dior Are Still Wardrobe Staples
Updated on Apr 17, 2024 02:01 PM IST
Bloomberg |

Bezos to Arnault: 5 biz leaders in news this week- not all for positive reasons

Spotlight on Nirmala Sitharaman, Vijay Shekhar Sharma, Byju Raveendran, Jeff Bezos, and Bernard Arnault.

Representative image(AP)
Published on Feb 04, 2024 06:06 PM IST

Not Elon Musk, world's richest man now is…

The fight for the number one spot between Bernard Arnault and Elon Musk has been going on for over two years.

Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, during an earnings news conference.(Bloomberg)
Published on Jan 29, 2024 11:34 AM IST

Bernard Arnault overtakes Elon Musk as richest in world. Check latest net worth

On Sunday, the French tycoon and his family's wealth was at $207.6 billion, with Musk at $204.7 billion, the Forbes Real Time Billionaire List showed.

Bernard Arnault (left) and Elon Musk (File Photo)
Published on Jan 28, 2024 11:50 AM IST
By, New Delhi

Gautam Adani fortune tanked 3 lakh crore in 2023. How Mukesh Ambani fared?

Gautam Adani faced a loss of $21 billion ( ₹1.7 lakh crore) on January 27 alone, triggered by allegations from short-seller Hindenburg Research.

Adani Group chairman Gautam Adani.(REUTERS)
Updated on Dec 29, 2023 06:19 PM IST

‘Who paid?’ - Anand Mahindra on Elon Musk-Bernard Arnault's power lunch in Paris

Elon Musk and Bernard Arnault met at a lunch at Cheval Blanc, a luxury hotel chain that comes under the Louis Vuitton conglomerate in Paris, France.

Anand Mahindra reacted to the viral photo that surfaced from the power lunch meet held between Elon Musk and Bernard Arnault in Paris, France.
Published on Jun 18, 2023 07:07 PM IST

World's most expensive lunch? Elon Musk, Bernard Arnault meet in Paris

While Musk, the richest person, was accompanied by his mother, Arnault, the second-richest, came with sons.

Elon Musk (right) and Bernard Arnault in Paris (Image courtesy: Instagram/Antoine Arnault)
Published on Jun 17, 2023 02:58 PM IST
By, New Delhi

Forbes' billionaire list 2023: Elon Musk loses top spot to Bernard Arnault

Arnault and Elon Musk frequently switch positions on Forbes’ list of ‘Real-Time Billionaires’.

 Bernard Arnault and Elon Musk.
Published on Apr 05, 2023 11:22 PM IST

World's richest people: Adani slips to 4, Bezos enters top 3 | Check rankings

However, the top two of Bernard Arnault and Elon Musk remained unchanged in the Bloomberg Billionaires Index, a daily ranking of the world's richest people.

Billionaire tycoon Gautam Adani has now slipped to the fourth place on the Bloomberg Billionaires List.
Published on Jan 24, 2023 10:16 AM IST
By, New Delhi

Louis Vuitton gets new boss, Bernard Arnault appoints daughter as Dior head

Congratulating his daughter Delphine Arnault, Bernard Arnault, the world's richest man wrote, "Delphine's keen insights and incomparable experience will be decisive assets in driving the ongoing development of Christian Dior.”

A woman with a Louis Vuitton-branded shopping bag.(Reuters)
Published on Jan 15, 2023 10:43 PM IST

Bernard Arnault, world's richest man, names daughter Delphine as Dior chief

The management changes will be effective on February 1.

Delphine Arnault (left) and Bernard Arnault (centre). File Photo/AFP
Published on Jan 12, 2023 02:42 PM IST
AFP |

Who is Bernard Arnault, world's richest person? 10 things to know

Louis Vuitton CEO Bernard Arnault has now taken over the world's richest person title after Elon Musk's Tesla shares fell sharply on Monday.

Head of French multinational corporation LVMH Bernard Arnault.(AFP)
Published on Dec 14, 2022 10:10 AM IST

World's richest man has sold his private jet. Why? To stop Twitter from…

Bernard Arnault: Bernard Arnault has a net worth of almost $133 billion, surpassing Amazon.com Inc.’s Jeff Bezos as the world’s second-richest man.

Bernard Arnault: Head of French multinational corporation LVMH Bernard Arnault.(AFP)
Published on Oct 20, 2022 08:05 PM IST

Louis Vuitton's Bernard Arnault now world's richest person as Jeff Bezos slips

Amazon CEO Jeff Bezos has slipped to the second position on Forbes real-time billionaires list even as the e-commerce giant thrived during the Covid-19 pandemic.

Head of French multinational corporation LVMH Bernard Arnault.(AFP)
Updated on Aug 06, 2021 05:36 PM IST
By | Edited by Kunal Gaurav, Hindustan Times, New Delhi

Bernard Arnault pips Jeff Bezos become world's richest person

Bernard Arnault holds a net worth of $198.9 billion compared to Jeff Bezos' $194.9 billion and Tesla owner Elon Musk's $185.5 billion, according to Forbes Real-Time Billionaires List.

Bernard Arnault, the 72-year old French billionaire, heads the world’s leading fashion brand Louis Vuitton Moet Hennessy (LVMH). (AFP File Photo)
Published on Aug 06, 2021 01:13 PM IST
By | Written by Meenakshi Ray, New Delhi

Bernard Arnault’s son to be executive vice president for Tiffany & Co.

Alexandre Arnault, the 28-year-old son of French billionaire Bernard Arnault has been named the executive vice president for products and communication for the iconic American brand Tiffany & Co.

Tiffany Role Puts Billionaire Arnault’s Son in Luxury Big League(Bloomberg)
Updated on Jan 08, 2021 02:35 PM IST
ByBloomberg | Posted by Nishtha Grover

This billionaire lost more money than anyone in the world in Covid-19 crisis

Since the late 1980s, Bernard Arnault has dazzled -- and at times scandalized -- the rarefied world of French business with his prodigious flair for turning the creativity and craftsmanship of Europe’s oldest brands into a windfall of ever-growing profits.

File photo of Bernard Arnault.(Photo @LVMH)
Updated on May 08, 2020 01:38 PM IST
ByBloomberg

Paris Fashion Week 2020: Designer Stella McCartney’s plea for planet after deal with fashion’s richest man

British designer Stella McCartney pleaded for fashion to “wake up” and help save the planet after her first Paris show as part of the industry’s biggest luxury conglomerate.

British designer Stella McCartney pleaded for fashion to “wake up” and help save the planet after her first Paris show as part of the industry’s biggest luxury conglomerate.(Stella McCartney/Instagram)
Updated on Oct 01, 2019 02:51 PM IST
Paris | ByAgence France-Presse

Bill Gates no longer world’s second richest person. Guess who is?

LVMH, Arnault’s luxury-goods maker, advanced to a record Tuesday and pushed his net worth to $107.6 billion and ahead of Gates by more than $200 million.

Arnault, 70, joined Gates and Amazon.com Inc. founder Jeff Bezos, the world’s richest person, in the most exclusive wealth club last month, when his fortune surpassed $100 billion for the first time.(AFP FILE)
Updated on Jul 18, 2019 09:26 AM IST
Bloomberg | ByBen Stupples

The world now has three people worth more than $100 billion each

Arnault’s fortune of $100.4 billion now equals more than 3% of France’s economy, underscoring the wealth gap in his native country.

Arnault (centre) entered the luxury-goods market by acquiring a textile group that owned Christian Dior.(Getty Images)
Updated on Jun 19, 2019 03:29 PM IST
Bloomberg | ByBen Stupples

Rich donors pledged millions for Notre Dame, didn’t pay a cent

Almost $1 billion was promised by some of France’s richest and most powerful families and companies, some of whom sought to outbid each other, in the hours and days after the inferno

The first mass is held in Notre Dame since the fire. (Reuters photo)
Updated on Jun 16, 2019 04:45 AM IST
Paris | ByAssociated Press
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