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.

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French and Riviera News Wednesday 26 November 2025

A homeless man accused of firing a shot which seriously injured another homeless person in Nice has appeared in court. The man in his fifties claimed ... French and Riviera News Wednesday 26 November 2025 Read More

25/11/2025

French and Riviera News Tuesday 25 November 2025

A man has died after being struck by a train in the Var. Witnesses described seeing the man use his mobile phone whilst crossing the tracks at Puget-V... French and Riviera News Tuesday 25 November 2025 Read More

24/11/2025

French and Riviera News Monday 24 November 2025

Several people have been taken into custody after a shooting in the centre of Nice yesterday. The victim was shot in the head on rue de la Buffa ... French and Riviera News Monday 24 November 2025 Read More

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Evening Update Friday 21 November 2025

The French government has announced a prohibition on mobile phone use in six prisons Evening Update Friday 21 November 2025 Read More

21/11/2025

French and Riviera News Friday 21st November 2025

A sharp blast of Arctic air is set to hit the Côte d’Azur this weekend, with temperatures dipping to –4°C in parts of the Alpes-Maritimes and the Var.... French and Riviera News Friday 21st November 2025 Read More

21/11/2025