LVMH founder Bernard Arnault is no longer the richest man in the world.

LVMH founder Bernard Arnault is no longer the richest man in the world. When it comes to billionaires Arnault is now behind Elon Musk ($270 billion) and Jeff Bezos ($215 billion) on the Bloomberg Billionaires Index. He has seen his net worth plummet this year, part of a larger downturn in the luxury market that has caused billionaires in the field to lose a collective $24 billion in 2024 so far. Arnault himself is down $10.8 billion year to date, with his wealth sitting at $197 billion.

Last local news

Evening Update Friday 24 April 2025

Armed Forces Minister Sebastien Lecornu has said that there is now no hope of rescuing the sailor who fell overboard from a French Navy ship early yes... Evening Update Friday 24 April 2025 Read More

25/04/2025

Weather Forecast - Friday 25th April 2025

Mainly fine with moderate to strong winds in the Var. Highs of 19 degrees in Monaco, Nice, San Remo and Saint-Tropez.... Weather Forecast - Friday 25th April 2025 Read More

25/04/2025

French and Riviera News Friday 25th April 2025

French President Emmanuel Macron has praised the courage of teachers who intervened during a fatal stabbing at a private school in Nantes, western Fra... French and Riviera News Friday 25th April 2025 Read More

25/04/2025

The Champagne and Oyster Cycling Club of Monaco prepares for the Saint-Tropez to Monaco charity bike ride

The 11th edition of the Champagne and Oyster Cycle Club (COCC) ride from Saint-Tropez to Monaco will take place this Sunday, 27th April, bringing toge... The Champagne and Oyster Cycling Club of Monaco prepares for the Saint-Tropez to Monaco charity bike ride Read More

25/04/2025

Evening Update Thursday 24 April 2025

A student at a school in Brittany has died after being stabbed by another student this afternoon. Three other pupils were also injured in the incident... Evening Update Thursday 24 April 2025 Read More

24/04/2025