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Bernard Arnault has lost more wealth than any billionaire in 2024

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French tycoon Bernard Arnault’s net worth has plunged this year by more than anyone else’s on the Bloomberg Billionaires Index, as demand for luxury goods continues to sour. The founder of fashion-to-Champagne conglomerate LVMH has seen his fortune drop by US$20 billion during the period to US$187 billion, according to…

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Click here to read the full story: The Business Times

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