Bernard Arnault

For each of the past two years, the top 10 billionaires globally have added at least $500 billion to their combined net wealth totals. It will take a significant turnaround in 2026 for the 10 richest to add those kind of gains, with seven of the 10 richest losing net worth in the first quarter and...

Tesla Inc (NASDAQ:TSLA) and SpaceX CEO Elon Musk is the world's richest person by a significant margin. While some of the other billionaires have watched their wealth decline in 2026, Musk is gaining. Here's how his net worth stacks up compared to the automotive sector. Elon Musk Net Worth Rises in...

The Magnificent Seven stocks are all trading down in 2026, after 2025 saw all seven trade in the green, with six of the seven up by double-digit percentages last year. The declines are having a big impact on the overall stock market and the wealth of the world's richest people. Top 10 Billionaires...

After adding $578.6 billion to their wealth in 2025, the 10 richest people in the world are starting 2026 out with a struggle. Six of the top 10 richest people in the world have lost net wealth in 2026. Here's a look at the updated list. Top 10 Richest People Billionaire Elon Musk could change the...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk ended 2025 as the world's richest person with a wealth of $619 billion. Musk recently became the first person to ever hit the $600 billion milestone and he could be in for more gains in 2026 thanks to a reported SpaceX IPO and a new pay package at Tesla...

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry. What Happened: Last week Kering disclosed a less-than-expected Q2 2025 performance, with a 15% YoY drop in sales to $4.27 billion. This falls short...

The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential...

Semiconductor giant NVIDIA Corporation (NASDAQ:NVDA) hit new all-time highs on Wednesday and again on Thursday morning, driven by continued optimism about future monetization opportunities for artificial intelligence. The booming stock price is helping boost the net worth of Nvidia co-founder and...

A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how...

In a significant market downturn since President Donald Trump announced new tariffs worldwide, the world’s wealthiest individuals have seen their fortunes shrink by $74 billion. What Happened: The market turmoil following Trump’s sweeping tariffs led to a considerable loss in wealth for...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk tops a group of five business moguls expected to become the world's first trillionaires within a decade, highlighting the accelerating concentration of wealth, according to a new Oxfam report released Monday. What Happened: The report, “Takers Not Makers...

Billionaire Elon Musk became the first person in the world to have a wealth of more than $400 billion, an accomplishment that came following the 2024 presidential election. Musk wasn't the only billionaire to see their wealth grow dramatically in 2024. Here's a look at the top 10 richest people in...

The year 2024 marked a significant increase in the net worth of the world’s wealthiest individuals, particularly those in the tech sector. What Happened: 2024 wasn’t a year of financial prosperity for all, with some billionaires in the luxury retail sector experiencing substantial...

Lvmh Moet Hennessy Louis's (OTC:LVMHF) Bernard Arnault has denied knowledge of any alleged spying and intelligence peddling. What Happened: Arnault, the chief of LVMH, testified in a high-stakes trial on Thursday, denying any knowledge of an alleged scheme to protect the luxury group, reported...

Several prominent French media organizations, including those owned by billionaire Bernard Arnault, have filed a lawsuit against Elon Musk’s social media platform X for allegedly using their content without compensation. What Happened: The media groups, which include Arnault’s Les Echos...