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.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.
Donald Trump inauguration: Top CEOs like Mukesh Ambani, Sundar Pichai, Mark Zuckerberg, and Tim Cook were spotted at Donald Trump's inauguration ceremony on January 20. Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Trump's inauguration drew a number of business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.
A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.