He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.
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.
Explore how education shaped the world's wealthiest individuals. From Jeff Bezos' engineering degree to Elon Musk's short-lived PhD pursuit, and Mark Zuckerberg's Harvard dropout story, their academic paths reveal diverse routes to massive success.
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
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 shift seems to be happening for those selling Trump-branded real estate as well. In his first go-around as president, his name was considered so objectionable that six residential buildings on Riverside Drive went to great effort and expense (costs were estimated at as high as $1 million per building) to remove it from their facades.
As the fast fashion industry becomes increasingly pervasive each year, many look for higher quality, more sustainable and more ethical alternatives. This becomes much harder when a brand claiming to emphasize craftsmanship and quality is exposed using shortcuts to save on production costs.
Here are five economic forces that could shape the first year of Trump’s presidency: Whipping inflation is easier said than done.
Billionaires like Elon Musk and Jeff Bezos owe their success to prestigious universities, shaping their paths through innovation and education.