French prosecutors are looking at a 2018 real estate deal between the head of the LVMH luxury empire and Nikolai Sarkisov, a Russian insurance magnate.
Tag: Arnault, Bernard
LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
As France Swelters, Private Jets Come Under Attack
Politicians are proposing regulating or banning flights by such planes after a summer of extreme heat and soaring energy prices prompted growing calls to tackle the causes of climate change.
The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bank
Plus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.
As Rich Lavish Cash on Notre-Dame, Many Ask: What About the Needy?
The spectacle of billionaires trying to one-up each other quickly intensified resentments over inequality that have animated the Yellow Vest movement.
French Titans’ Pledges to Notre-Dame Pass €850 Million
The Arnault and Pinault families were among those who said they would devote resources and skills to the restoration of the cathedral, a symbol of French identity.