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.
France's largest conglomerate LVMH is turning its eyes the the United States in order to avoid higher taxation in Europe. Billionaire CEO Bernard Arnault is also hoping to leverage his friendship with President Donald Trump in order to garner favorable treatment.
By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros was paid on December 4, while the remaining 7,5 euros per share will be paid on April 28.
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate taxes in
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
LVMH stock jumped 9% after a rival luxury goods company reported strong earnings. A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global ...
Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.
The buyout offer that just went out to millions of US federal workers has the subject line, “Fork in the Road,” which is the same subject line Musk used when he gave his “extremely hardcore” ultimatum to Twitter employees in 2022.