Coming back to France is a bit like taking a cold shower," Arnault said at this week's LVMH earnings presentation. Usually seen as close to President Emmanuel Macron with whom he regularly meets, Arnault was among a group of very rich men attending President Donald Trump's inauguration ceremony in Washington this month.
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government.
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros was paid on December 4, while the remaining 7,5 euros per share will be paid on April 28.
Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she understood his 'anger.'
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
President Donald Trump's inauguration was packed with the ultra-rich, some seated closer to the incoming president than his incoming cabinet. The personal net worth of just three of these people combined (Mark Zuckerberg,
Luxury giant LVMH is considering expanding its production in the United States, CEO Bernard Arnault revealed, highlighting the countrys wind of optimism compared to the cold shower of higher corporate taxes in
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
A top Treasury career staffer is expected to depart. Surrogates of Musk’s DOGE effort had sought access to sensitive payment systems.