Richer Than Elon Musk, He Bought Tiffany at a Tough Time. He’s Got a Gem Now.

There’s a reason Bernard Arnault is the world’s richest person. The chairman, CEO, and controlling shareholder of LVMH Moët Hennessy Louis Vuitton the world’s largest luxury-goods merchant, knows how ...

Luxury stocks rally as China reopens, but consumers may shop ‘in-house’

A salesperson showing the limited edition launched by Emporio Armani to welcome the Year of the Tiger at a duty-free store in Haikou, south China’s Hainan Province, January 15, 2022. Zhou Huimin...

Billionaire Bernard Arnault’s LVMH Soars To New Heights As Sales Hit Record $86 Billion

French luxury group LVMH CEO Bernard Arnault. (Photo by ERIC PIERMONT / AFP) (Photo by ERIC … [+] PIERMONT/AFP via Getty Images) AFP via Getty Images Luxury conglomerate LVMH Moët Hennessy Louis...

Jeff Bezos Surpasses Billionaire Gautam Adani As World’s Third-Richest Person After Short Seller’s Scathing Report

Topline Indian tycoon Gautam Adani, chairman of the sprawling Indian conglomerate Adani Group, ceded the title of the world’s third-richest person to Amazon founder Jeff Bezos on Wednesday, afte...

Why Retail C-Suites Are Changing – It’s A Tough Job With Few Rewards

. (Photo by Bertrand Rindoff Petroff/Getty Images) Getty Images Every other day I hear of another CEO leaving his job and an “interim” CEO takes charge and heroically tries to stem the outflow of cash...

Elon Musk is no longer the richest person in the world

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Bl...

Twitter Deal Moves Ahead, Tesla Stock Tanks, Zooming’ With Putin

Topline Elon Musk, the wealthiest man in the world—and among the most eccentric— had a particularly strange week even by his standards, with his net worth falling $27.6 billion, his acquisition of Twi...

Adidas Reconsidering Kanye West’s Yeezy Line

Topline Adidas placed its lucrative partnership with rapper Kanye West “under review” amid recent controversial decisions by the rapper, Adidas said Thursday, putting West’s billionaire status in jeop...

Kanye West Claims LVMH CEO Bernard Arnault ‘Killed’ His ‘Best Friend’

Topline Kanye West baselessly accused LVMH CEO Bernard Arnault—one of the richest people in the word—of “KILL[ING] MY BEST FRIEND” on Tuesday, seemingly alluding to late Louis Vuitton menswear directo...

Indian Billionaire Gautam Adani Briefly Becomes The World’s Third-Richest Person

Gautam Shantilal Adani, founder and chairman of the Adani Group, attends a wedding reception on February 1, 2020 in New Delhi, India. Manoj Verma/Hindustan Times via Getty Images Gautam Adani was the ...

Tiffany Turns NFTs Into Wearable Jewelry

Courtesy Tiffany & Co. getty It has happened. Tiffany & Co.TIF is leaping into the crypto age by offering owners of Cryptopunk NFT’s called NFTiB. The initiative was started by Cryptopunk and ...

Did The Son Of The World’s Third-Richest Man Trade NFTs With Inside Information?

In the anything-goes land of nonfungible tokens, suspicious trading–including by the son of LVMH billionaire Bernard Arnault–is rampant. On a Tuesday in early February, Alexandre Arnault, the 29-year-...