Bernard Arnault Is Still the World's Richest Person—Even After Losing $11 Billion
LVMH shares fell 5 percent and the CEO's fortune took a hit.
Bernard Arnault
Finance
Finance
Cartier’s Parent Company Just Hit a Record $21.7 Billion in Annual Sales Thanks to China Opening Up
Chinese collectors boosted sales significantly in the final quarter.
Get the Magazine
Subscribe now and get up to 61% off the cover price. Includes digital magazine access and the exclusive Robb Report tote bag.
Finance
Billionaires Are Starting to Leave States With Hefty Estate Taxes, According to a New Study
Still, more wealthy individuals live in high-tax states like New York and California.
Finance
Billionaire Ken Griffin Donates $25 Million to NYC’s Success Academy Charter Schools
The Citadel founder is on a bit of an education spending spree.
Finance
People Are Googling ‘How to Buy Gold’ More Than Ever Amid the Crypto Crash
Investors are getting old school with their return to this precious metal.
Finance
Google Lost $57 Billion in One Day, Because Microsoft Is Leading the AI Race
The drop came after reports that Samsung could make Bing its default search engine.
Finance
Billionaire Hedge Funder Ken Griffin Just Donated $300 Million to Harvard
In total, he’s given more than $500 million to his alma mater.
Finance
CEOs of America’s Top Companies Now Earn 3 Times More Than Their U.K. Counterparts
The disparity is making some U.K. companies consider moving stateside to retain talent.
Finance
Wall Street Bonuses Had Their Steepest Drop Last Year Since the 2008 Financial Crisis
Bankers took home an average bonus of just $176,000.
Finance
Twitter Co-Founder Jack Dorsey Lost $526 Million in One Day
After the release of a damning report into his company Block, Dorsey’s net worth tanked.
