He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.
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.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
The Arnault family commanded a prime position at the inauguration of Donald Trump this week, standing just feet from the new President and rubbing shoulders with three former Presidents: George W Bush,
Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■
The European corporate fashion business is known to be worried about the possible impact of a trade war between the U.S. and Europe under Trump.
While the world’s richest tech executives see advantages in allegiance to the new president, the person best positioned to reap financial rewards is Donald Trump himself.
Designers drop their resistance to the right as Usha Vance, Ivanka Trump and others set a new tone of American conservatism.
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,
Donald Trump was inaugurated as the 47th US president, overcoming previous challenges to regain power. Celebrations began with a church service attended by prominent figures, including French billionaire Bernard Arnault.
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.