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 Friday 18th October 2024

A red weather alert issued on Thursday evening saw train travel suspended between Les Arcs Draguignan and Ventimiglia and Cap 3000 shopping centre abr... French and Riviera News Friday 18th October 2024 Read More

18/10/2024

Train Traffic Halted

Train traffic is completely halted after 5:30pm today, Thursday 17th of October. Train Traffic Halted Read More

17/10/2024

26 year-old Biker Dies near Eze-Village

A 26-year-old biker has died following a road accident behind the Eze-Village tunnel. 26 year-old Biker Dies near Eze-Village Read More

17/10/2024

Evening Update Thursday 17th October 2024

Thirteen departments in southern France are under orange weather alert for rain, flooding, thunderstorms, and/or river surges. ... Evening Update Thursday 17th October 2024 Read More

17/10/2024

French and Riviera News Thursday 17th October 2024

All schools in the Alpes-Maritimes will be closed today Thursday 17th October, due to the orange weather alert which is to be reinstated from 9am this... French and Riviera News Thursday 17th October 2024 Read More

17/10/2024