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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In Paris, left-wing and far-right MPs have joined forces to pass a new measure against tax optimisation by multinational corporations, during the firs...
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A ceremony took place in Nice this morning to mark the fifth anniversary of the attack at the Notre-Dame Basilica ...
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