Europe

    Chief Executive Officer of LVMH, Bernard Arnault

    LVMH CEO Bernard Arnault sees wealth skyrocket by $19 billion overnight after months of bleeding billions as shoppers trade designer bags for luxury vacations

    It may be a difficult climb for the LVMH chairman to claw back to his January high of $209 billion as researchers project a 3-year slowdown in luxury shopping.

    October 16, 2025

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