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LVMH

Elon Musk remains on top of the 10 Richest People In The World list for June.

The top 10 richest people in the world (June 2025)

After a volatile April for U.S. stocks, a guide to which of the world’s top ten richest came out ahead–and whose fortunes fell.

  • By Forbes Staff
LVMH

Bernard Arnault’s fortune falls by $9 billion as LVMH shares plunge

Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.

  • By Siladitya Ray
  • Forbes Staff

LVMH billionaire Bernard Arnault receives Malcolm S. Forbes Lifetime Achievement Award

Bernard Arnault, chairman and CEO of LVMH Group, received the Malcolm S. Forbes Lifetime Achievement Award at the Forbes Global CEO Conference 2024 on Wednesday in Bangkok.

  • By Jonathan Burgos
  • Forbes Staff

The 10 richest people in the world lose $66 billion in a day

The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.

  • By Sarah Young

Asides

Who is Frederic Arnault? Billionaire Bernard Arnault’s 29-year-old son picked to lead LVMH watch division

LVMH, the luxury fashion and alcohol giant owned by billionaire Bernard Arnault, named the owner’s 29-year-old son Frederic Arnault as head of the company’s watch division—joining his siblings in a senior leadership role at the family business.

  • By Zachary Folk

LVMH shares drop on slower growth, wiping $6 billion from Bernard Arnault’s fortune

LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.

  • By Siladitya Ray
  • Forbes Staff

$470 billion in one photo: The world’s two richest people dine in Paris

Musk and Arnault brought along close family members for the meal, an Instagram post revealed.

  • By Katherine Hamilton
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