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.
Bernard Arnault the owner of LVMH is Europe's richest man and once overtook Elon Musk to become the world's richest.
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. ■
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,
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
Following CNBC's latest report, Morning Brew noted that SpaceX's valuation makes it the most valuable private startup to date and is even more helpful than LVMH–the luxury holding group owning brands such as Louis Vuitton, Moet Hennessy, and TAG Heuer–which is currently valued at £285 billion ($347 billion).
Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
From the color of their neckties to the fit of their suits, male politicians can be intentional with their choices.
Explore how tech billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg shaped the narrative at Donald Trump’s second inauguration.