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
News
Here’s How Much Money You Need to Join the 1 Percent in Countries Around the World
Monaco tops the list with an impressive minimum of $12.4 million.
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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.
News
LVMH Just Became Europe’s First $500 Billion Company
Booming sales of luxury goods in China and a stronger euro have pushed the brand to new heights.
News
The Supreme Court Is Already Packed. . .With Multimillionaires
A new review of Supreme Court Justices’ financial disclosures shows a net worth of up to $68 million.
News
Austin’s Number of Millionaires Has Doubled in the Last Decade, a New Report Finds
The city known as “Silicon Hills” is now the fastest-growing wealthy city in America.
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.
News
FTX Founder Sam Bankman-Fried Attempted to Bribe Chinese Government Officials, Prosecutors Claim
A new indictment from the DOJ concerns the unfreezing of $1 billion of digital assets.
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.
News
The Square and CashApp Reportedly Committed Wide-Scale Fraud, Earning Founders Jack Dorsey and Jim McKelvey Over $1 Billion
Block Inc. founders Jack Dorsey and Jim McKelvey reportedly made a fortune while criminal activity soared.
