• Bernard Arnault made $5.1 billion in the past 3 days. French billionaires have made more money this year than their counterparts in any other country, and they partially have China to thank

    9 days ago - By Business Insider

    ERIC PIERMONT/AFP/Getty Images
    The personal fortunes of French billionaires have grown at more than twice the pace of American and Chinese billionaires in the first half of 2019, Bloomberg's Alexander Sazonov reported in July.
    The net worth of Bernard Arnault - the world's third-richest person - grew $5.1 billion between October 9 and 11, Forbes' Hayley Cuccinello reported.
    Growing Chinese demand for luxury goods has raised the share prices of Bernard Arnault 's LVMH, Francois Pinault's Kering , and Francoise Bettencourt Meyers' L'Oréal , adding to each of their fortunes.
    Only Jeff Bezos...
    Read more ...

     

  • Bernard Arnault made $5.1 billion in the past 3 days. These 5 mind-blowing facts show just how quickly the French billionaire's fortune is growing

    Bernard Arnault made $5.1 billion in the past 3 days. These 5 mind-blowing facts show just how quickly the French billionaire's fortune is growing

    9 days ago - By Business Insider

    ERIC PIERMONT/AFP/Getty Images
    LVMH CEO Bernard Arnault is currently the third-rich person alive, according to Bloomberg. Only Jeff Bezos and Bill Gates have higher individual net worths.
    Arnault's fortune grew $5.1 billion between October 9 and 11, Forbes' Hayley Cuccinello reported.
    Arnault's net worth is now $96.3 billion, according to Bloomberg .
    Visit Business Insider's homepage for more stories.
    Luxury conglomerate LVMH released an earnings report showing strong second-quarter sales on October 9. The ensuing stock surge earned CEO Bernard Arnault $5.1 billion in three days, according...
    Read more ...