Summary of LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout
Summary of LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout
Bernard Arnault, the CEO of LVMH, has seen his net worth decline by $54 billion, making him the biggest wealth loser among the 500 individuals on Bloomberg's list. The decline is attributed to a 16% slump in LVMH's stock price, which has been hit by softer demand and profits.
quoting nevent1q…6vr2LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout
https://s.yimg.com/ny/api/res/1.2/ZWgPjDb2GX1T0APFha34QQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/business_insider_articles_888/f57dec0ccd13eff6d966a1bf009dd0e7
https://finance.yahoo.com/news/lvmhs-bernard-arnault-gone-worlds-195159004.html
Bernard Arnault, the CEO of LVMH, has seen his net worth decline by $54 billion, making him the biggest wealth loser among the 500 individuals on Bloomberg's list. The decline is attributed to a 16% slump in LVMH's stock price, which has been hit by softer demand and profits.