Kering Founder Falls from Top 100 Rich List Amid Gucci’s Struggles
Francois Pinault, the 88-year-old founder of Kering, has fallen out of the top 100 richest individuals globally as his son faces challenges revitalizing Gucci, the luxury conglomerate's largest brand. For the first time in over a decade, Pinault is now ranked 105th among the world’s wealthiest—a significant drop from his...