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Why is billionaire Bernard Arnault about to get richer?

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Bernard Arnault, the world’s third Wealthiest man behind Jeff Bezos and Elon Musk, is the latest billionaire to embrace Wall Street’s hot new way to raise money. Bernard Arnault, the chairman of luxury goods group LVMH (EPA: MC), has a net worth of $157.5 billion, making him the third richest…

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