Bernard Arnault: The Inspirational Success Story of LVMH. Bernard Jean Étienne Arnault is a French businessman, the chairman and CEO of LVMH and the world's richest man in 2024, according to Forbes. Early Life Bernard Jean Étienne Arnault was born on 5 March 1949 in Roubaix. His mother, pianist Marie-Josèphe Savinel had a deep admiration […]
The rise in Tesla’s share price has further bolstered the fortunes of its founder and chief executive, Elon Musk. According to Forbes, Musk became $25 billion richer following the deal with Hertz, making him wealthier than any billionaire ever. Recently, Morgan Stanley predicted that Musk will become the world’s first trillionaire. Tesla’s stock market value […]
On Wednesday, Blackstone announced that it has agreed to buy a majority stake in Spanx. The deal between Spanx and Blackstone values the company at $1.2 billion, with Blakely set to retain a “significant equity stake” according to Blackstone. The investment will propel her fortune back over the $1 billion mark after the pandemic and […]
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