11/19/2024
Bernard Arnault's son to take up new job leading LVMH's struggling drinks division
All five children currently hold top managerial positions at LVMH, with the oldest, Delphine, 49, now the CEO of fashion brand Christian Dior (FR:CDI).
11/19/2024
All five children currently hold top managerial positions at LVMH, with the oldest, Delphine, 49, now the CEO of fashion brand Christian Dior (FR:CDI).
11/04/2024
The remarks are the most high profile attack from a British business leader since Reeves’ budget after firms were forced to shoulder the bulk of her £40 billion of tax rises.
11/04/2024
In 2017, Susie Buffett shared insight with People into her father’s life, describing him as a man whose love for investing drove his success, not the pursuit of wealth itself.
10/29/2024
Their combined wealth has contracted by 53 billion euros this year, reflecting broader headwinds in the premium goods sector.
10/29/2024
Critics question Musk's commitment to charitable giving as he funds political campaigns and profits increase
10/24/2024
But in terms of net worth, Zuckerberg ranked 3rd globally at $206 billion, while Huang came in 11th at $125 billion.
10/18/2024
In a rare display of openness, he and his wife Priscilla Chan, shared glimpses of a lavish celebration
10/11/2024
Merger of power, telecom firms can fit ‘tiger with new wings’
10/10/2024
The LVMH CEO had a mildly painful year as he fell to fifth place among the world’s wealthiest people.
10/08/2024
Comparison to Other Billionaires: Unlike diversified billionaires like Warren Buffett, Musk’s wealth is concentrated in one company.
09/20/2024
Arnault's net worth has tanked by $30 billion this year
09/18/2024
With a fortune of $248 billion, Elon Musk is the richest person on the plane
09/12/2024
Currently at the top of that ranking stand Elon Musk and Jeff Bezos.
09/11/2024
As long as wealth has existed as a theme, it has been dominated by men.
09/09/2024
Without clear planning, assets can fall into probate for years, leaving family members and courts to decide how to allocate assets
09/06/2024
Zuckerberg now ranks third on the rich list
09/02/2024
Access to the arts is more likely to govern a billionaire’s choice to stay in a cultural capital such as London — along with the political and economic security
08/30/2024
George Ratcliffe, the middle of Sir Jim’s three children, becomes President of the Americas ‘with immediate effect’, the company announced.
08/29/2024
A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax.
08/28/2024
The rich can buy what they want, when they want, with their available resources.