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Bernard Arnault Loses 24 Billion and Goes From 1st to 9th World Fortune

Summary by 20 Minutes
Bernard Arnault, CEO of LVMH, was downgraded from the first to the ninth world fortune in a year, following a loss of €24 billion, according to Bloomberg
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Bernard Arnault Loses 24 Billion in a Few Hours, the Paris FC in Danger?

The Paris FC and its owners, Red Bull and the Arnault familyParis FC and its owners, Red Bull and the Arnault familyThe fortune of Bernard Arnault, the CEO of LVMH, has suffered a considerable decline this year, falling from the first to the ninth place in the world ranking of the greatest fortunes according to Bloomberg. Estimated at 152 billion dollars, its wealth has decreased by 24 billion euros, a fall of 13.7% due to economic conditions, w…

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Bernard Arnault Drops From First to Ninth Place in the World After a Loss of 24 Billion

Bernard Arnault, the iconic figure in French luxury, has seen his fortune fall by $24 billion, causing a spectacular drop in the world ranking of the richest people, where he now occupies ninth place.

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20 Minutes20 Minutes

Bernard Arnault Loses 24 Billion and Goes From 1st to 9th World Fortune

Bernard Arnault, CEO of LVMH, was downgraded from the first to the ninth world fortune in a year, following a loss of €24 billion, according to Bloomberg

·France
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20 Minutes broke the news in France on Tuesday, May 27, 2025.
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