Bernard Arnault loses $13 billion in a single day as China’s uncertain recovery undermines billionaire’s wealth
Bernard Arnault’s wealth has swayed by billions in recent weeks, and each time, a nudge on China’s economic rebound is all it took. The LVMH CEO had a mildly painful year as he fell to fifth place among the world’s wealthiest people. But that demotion was short-lived. A few weeks…
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