Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.
LVMH has reclaimed its spot as the biggest company in Europe, overtaking Novo Nordisk after a significant drop in the drugmaker's shares. The cause? Concerns that the US governmen
According to Forbes, here are the top 7 billionaires in the world for January 2025. 7. The seventh position is secured by Sergey Brin, with a net worth of USD 149 billion. 5. LVMH CEO Bernard Arnault is in fifth position on the global billionaire list with a wealth of USD 168.8 billion.
Bernard Arnault, the founder and CEO of LVMH ... He leapfrogged Oracle cofounder Larry Ellison on Thursday to take fourth place on Bloomberg's rich list with an estimated $190 billion fortune ...