Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

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.

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 LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.

The Arnault family commanded a prime position at the inauguration of Donald Trump this week, standing just feet from the new President and rubbing shoulders with three former Presidents: George W Bush,

Bernard Arnault, billionaire chairman and CEO of global luxury goods company LVMH; such as Louis Vuitton. Posted: January 21, 2025 | Last updated: January 21, 2025

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

2024 was a very lucrative year for the world’s wealthiest individuals and families, fueled in part by a soaring US stock market, Oxfam found. Their net worth expanded so quickly that Oxfam revised its estimate from last year that only one trillionaire would be crowned in the next decade.

Bernard Arnault is a French billionaire whose business empire spans iconic brands like Louis Vuitton, Christian Dior, Fendi, and a whole lot more, all gathered under the LVMH umbrella. By far the ...

Oracle (ORCL) ended the recent trading session at $158.31, demonstrating a +1.28% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.83%.

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Below is Validea's guru fundamental report for ORACLE CORP (ORCL). Of the 22 guru strategies we follow, ORCL rates highest using our Multi-Factor Investor model based on the published strategy of ...