LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
Lvmh’s Bernard Arnault Sees Nearly $10 Billion In Wealth Wiped Out After Share-price Bloodbath
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Wed, 10/16/2024 - 8:59am
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BING NEWS:
- LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day following a swift 7% drop in his company's share price after it posted an ...
10/16/2024 - 4:59 am | View Link - Bernard Arnault overtakes Mark Zuckerberg on wealth rankings following $30 billion boost
"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity." ...
09/30/2024 - 5:07 am | View Link - Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH Is Another Story
LVMH’s share price is up about 16 percent since Monday’s announcement. Arnault, 75, has a 48 percent stake in LVMH and therefore has seen his fortune fluctuate dramatically over the years ...
09/26/2024 - 9:00 pm | View Link - More
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