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Bernard Arnault, now worth $210 billion, has extended his lead over Elon Musk on the global billionaires list

Por: MarketWatch Politics April 14, 2023

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LVMH shares closed at a record €883 on Thursday, helping lift the French CAC-40 to an all-time high. That followed from the luxury giant, thanks to returning China shoppers as COVID-19 restrictions eased, and rebounding international travel that drove duty-free sales. Up 7% so far this week, LVMH shares rose another 0.5% on Friday to €888.70. The stock surge padded Arnault’s fortune by $11.6 billion on Thursday, the second-biggest... + full article



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