A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global rich list.
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
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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.
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 ...