He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.
For his latest Vuitton collection, Pharrell Williams tapped his best bud Nigo to be co-creative director. And Bernard Arnault made it back from the Trump inauguration to see it.
The European corporate fashion business is known to be worried about the possible impact of a trade war between the U.S. and Europe under Trump.
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.
President Trump’s pre-inauguration candlelight dinner for wealthy donors took a turn for the chaotic due to last-minute placecard swapping, according to a report. Attendees told CBS News that the Washington,
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