Bernard Arnault Claims Shift on The List Of World’s Richest Due to China’s Moves
Bernard Arnault, the influential head of LVMH, briefly slipped into the ranks of the world’s wealthiest individuals but quickly regained his position as the fifth-richest person. After shedding approximately $54 billion due to a slump in the luxury market, Arnault bounced back. Both the drop and the recovery in Arnault’s wealth...