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.
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.'
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."
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
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
Key figures included Elon Musk, Jeff Bezos, and Mark Zuckerberg ... Joining them were global leaders like Indian magnate Mukesh Ambani and LVMH CEO Bernard Arnault, making it a rare congregation ...
A billion here, a billion there, and pretty soon you’re talking real money.”- The late Senator Everett Dirksen on out-of-control federal budgets in the 1960’s
Feeling burned by the holdover of Obama administration appointees during his first go-around, Trump swiftly exiled Biden holdovers and moved to test new hires for their fealty to his agenda.
President Donald Trump's first days in office already offer signals about how his next four years in the White House may unfold.