Billionaire Bernard Arnault Loses $31,900,000,000 in One Year As Stock Prices Crumble: Report

French Billionaire Bernard Arnault’s net worth shrunk by over $53 billion in 2024 after a major correction in his stock portfolio. Arnault is the chairman and 48% owner of LVMH Moet Hennessy Louis Vuitton, the world’s largest manufacturer of luxury goods, which produces products like TAG Heuer watches and Dom Perignon champagne. According to Bloomberg’s […] The post Billionaire Bernard Arnault... source: https://dailyhodl.com/2025/01/05/billionaire-bernard-arnault-loses-31900000000-in-one-year-as-stock-prices-crumble-report/