Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.

Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta's Mark Zuckerberg.

A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off, you were actually "promoted outwards." At least that’s how LVMH CEO Bernard Arnault sees it.

Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.

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

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.

According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a

Nicknamed “Mr. Olympics,” LVMH Moët Hennessy Louis Vuitton’s head of communication, image and environment is one of 58 people to be rewarded with France’s highest civilian distinction for their involvement in the Paris Olympics.

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.