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.
Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.
Larry Ellison, co-founder of Oracle Corporation, has an estimated net worth of approximately $200 billion, currently placing him among the third richest person in the world, according to Forbes.
LVMH has reclaimed its spot as the biggest company in Europe, overtaking Novo Nordisk after a significant drop in the drugmaker's shares. The cause? Concerns that the US governmen
The net worth of the six richest people in the crowd at Donald Trump's inauguration is roughly equal to a third of the value of the entire UK economy.
Luxury magnate Bernard Arnault has gotten almost $1 billion ... He leapfrogged Oracle cofounder Larry Ellison on Thursday to take fourth place on Bloomberg's rich list with an estimated $190 ...
President Donald Trump and the heads of Japan's SoftBank, Oracle, and OpenAI announced the Stargate project at the White House. These giants will invest up to $500 billion in constructing data centers and the infrastructure needed to advance artificial intelligence.
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest inequality report. Released during the World Economic Forum in Davos, the report underscores a stark reality: the wealth of the top five billionaires has more than doubled since the pandemic,
During an episode of the 'All In' podcast recorded this year, Trump said: "Somebody graduates at the top of the class, they can't even make a deal with the company because they don't think they're going to be able to stay in the country. That is going to end on Day 1."
Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.