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.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
Bernard Arnault the owner of LVMH is Europe's richest man and once overtook Elon Musk to become the world's richest.
Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.
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 list of global businessmen and CEOs sitting on the dais for the inauguration adds up to more than $12 trillion in market value and more than $1 trillion in global wealth. From Elon Musk, to Bernard Arnault,
A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and 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.
When Donald Trump was sworn in on Monday, he was flanked by billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg.Also on the dais was Apple CEO Tim Cook, Open AI's CEO Sam Altman, and Bernard Arnault owner of L-V-M-H which owns luxury brands like Dior and Louis Vuitton.
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.