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.
Tag: Income Inequality
Biden’s ‘Justice40’ Program Won’t Fix Racial Gap in Air Quality, Study Finds
The White House aimed for a race-neutral environmental justice strategy, but a new analysis questions whether the program can actually achieve its goals.
Heat Divide Leaves Low-Income Workers Among the Most Vulnerable
Europe’s latest heat wave has highlighted the inequities between those who can afford to shelter from the heat and those who can’t.
How Elba Makes a Living Wage
We’re covering a hotel strike in Los Angeles, extreme heat and an Alzheimer’s drug.
France Police Shooting Presents New Challenge for Macron
Protests over the fatal police shooting of a teenager come as President Emmanuel Macron seeks to restore a sense of calm after his pension overhaul ignited turbulence in the streets.
The Racial Wage Gap Is Shrinking
Though still enormous, the gap has shrunk over the past five years.
If You Don’t Use Your Land, These Marxists May Take It
The Landless Workers Movement organizes Brazil’s poor to take land from the rich. It is perhaps the largest — and most polarizing — social movement in Latin America.
The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding hardship has increasingly become one of haves and have-nots.
Ecuador Moves to Expand Drilling in the Amazon
A novel idea to leave the country’s vast oil reserves in the ground fizzled for lack of international support. Now, struggling under painful debt, the government wants to expand drilling in the rainforest.
His Estate Has 3 Swimming Pools and a Stable. He Says He’s Not Rich.
A rare look inside a Qatari home offers a glimpse at how the lucrative gas industry has transformed the formerly poor, barren country.