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BERNARD ARNAULT LOSSES
Five of the world’s richest people who attended Trump’s inauguration lost $209 billion since Jan 20Following the inauguration of Donald Trump, financial setbacks have plagued five major tech billionaires, with a combined loss of $209 bill...
LVMH breakup goes from ‘why?’ to ‘why not?’Investor discussions are intensifying around splitting up LVMH Moet Hennessy Louis Vuitton SE. Separating Moet Hennessy and potentially Sep...
Birkenstock's stock loses footing in second day on Wall StreetThe second-day drop in Birkenstock shares was deeper than a broad Wall Street sell-off, with the S&P 500 last down about 1%.
Forbes Billionaires List: Elon Musk not the richest man in world anymoreBernard Arnault, the head of the French luxury goods conglomerate LVMH, has replaced Elon Musk as the world's richest billionaire, with a n...
Bernard Arnault overthrew Tesla chief Elon Musk as world's richestThe news comes just a day after Tesla Inc's shares fell about 7% on Thursday after Elon Musk's four-hour presentation failed to impress inv...
Elon Musk reclaims world's richest man title after 92% rally in TeslaElon Musk is the chief executive of Tesla, known for his various business ventures and technological advancements. Musk is also the chief e...
Musk, the biggest (money) loser everInterestingly, the otherwise loquacious Musk has been rather silent on the tumbling fortune front. It would be admissible for him, at least...
World's second richest man Elon Musk breaks record for largest loss of personal fortuneTesla and Twitter CEO Elon Musk has entered the Guinness Book of World Records for the largest loss of personal fortune, estimated by Forbe...
Elon Musk’s net worth sinks to two-year lowMusk’s losses for the year now total $122.6 billion, exceeding the amount he gained in 2021 when his fortune soared to rank among the bigge...
Tesla stock tanks to its lowest. Here's how Elon Musk reactedElectric car company Tesla's shares tumbled further to around $137 apiece, its lowest ever, as Elon Musk on Wednesday again blamed global m...
Market rout pushes Gautam Adani down to No. 4 on Forbes rich list after $22 bn loss in fortnightFrench luxury retail king Bernard Arnault returns to the No.2 spot on the Forbes Real-time Billionaires’ List while Amazon founder Jeff Bez...
European stocks edge towards record highs shaking off growth worriesAfter seven straight months of gains, the pan-European STOXX 600 started September with a 0.9% rise, holding just a point below its life hi...
Mukesh Ambani has just outdone Warren BuffettRIL promoter now world’s 7th richest with $69.9 billion net worth on Forbes real-time billionaires list.
World’s richest lose $444 billion after hellish week for marketsThe World Health Organization has thus far refrained from declaring it a pandemic.
The world’s richest made $237bn this yearThe individual gains for the year were dominated by Americans, who had four of the five biggest increases on the index, including Microsoft...
Aditya Birla Group shortlists PEs for Rs Rs 2,400 crore retail company stakeBirla will raise $200 million each from two investors, which values the new retail company at $2.2 billion (Rs 13,000 crore) in enterprise ...
France president Francois Hollande’s 75% tax rate loss shows limit of ability to tap richThe tax, one of Hollande’s campaign promises , had become a focal point of discontent among entrepreneurs and other wealth creators, some o...