A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global rich list. Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton, has become about $14 billion richer already in 2025 ...

As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.

Bernard Arnault the owner of LVMH is Europe's richest man and once overtook Elon Musk to become the world's richest.

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,

A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.

Following CNBC's latest report, Morning Brew noted that SpaceX's valuation makes it the most valuable private startup to date and is even more helpful than LVMH–the luxury holding group owning brands such as Louis Vuitton, Moet Hennessy, and TAG Heuer–which is currently valued at £285 billion ($347 billion).

Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.

Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.

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 world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done.