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Stockreport

LVMH Chief Bernard Arnault and His Family Were the Richest People in 2024, According to Forbes [Yahoo! Finance]

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Arnault, 75, is the chairman and chief executive officer of LVMH, the luxury conglomerate that oversees more than 70 brands, including Louis Vuitton, Celine, Givenchy and Fendi . Forbes estimated Arnault's net worth to be $233 billion, compared to $211 billion in 2023. More from Footwear News Tiffany & Co.'s Newly Renovated Fifth Avenue Flagship Has Caught Fire Hillary Clinton Suits Up in Black & Yellow With Pointy Heels for International Women's Day at Forbes 30/50 Summit In 2022, Arnault raised the age limit for his role to 80 and is currently actively arranging for his succession by his five children, all of whom currently work at LVMH. The executive also invests in businesses like Netflix and TikTok parent company ByteDance via his holding company, Agache, which backs a venture capital firm called Aglaé Ventures. In October, the luxury sector bellwether missed market expectations with a 4.4 percent drop in revenues in the third quarter due to lower growth in Japan as th [Read more]
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Stockreport

LVMH Chief Bernard Arnault and His Family Were the Richest People in 2024, According to Forbes [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Arnault, 75, is the chairman and chief executive officer of LVMH, the luxury conglomerate that oversees more than 70 brands, including Louis Vuitton, Celine, Givenchy and Fendi . Forbes estimated Arnault's net worth to be $233 billion, compared to $211 billion in 2023. More from Footwear News Tiffany & Co.'s Newly Renovated Fifth Avenue Flagship Has Caught Fire Hillary Clinton Suits Up in Black & Yellow With Pointy Heels for International Women's Day at Forbes 30/50 Summit In 2022, Arnault raised the age limit for his role to 80 and is currently actively arranging for his succession by his five children, all of whom currently work at LVMH. The executive also invests in businesses like Netflix and TikTok parent company ByteDance via his holding company, Agache, which backs a venture capital firm called Aglaé Ventures. In October, the luxury sector bellwether missed market expectations with a 4.4 percent drop in revenues in the third quarter due to lower growth in Japan as th [Read more]
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