Bernard Arnault founded the world's largest luxury goods company LVMH in 1987. Image credit: Shutterstock LVMH-owner Bernard Arnault overtakes Elon Musk as world’s richest
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
Bernard Arnault founded the world's largest luxury goods company LVMH in 1987. Image credit: Shutterstock {"ct":"kwn4Yq5KdmLRuTmrQ\/PZDVnoAVtw35yACn0PxGnkKzw1DIg870CNd1Zju+eMZT5adO6NQyeAoZzoohzQt794LzIhcV2z8BO7laiIggtlMZ6bu7wrPVio3sKPKoGLaS1Xh19acEJDl\/PAQazy1L3dZijRmZmd3\/RidCVmozbpvkrA2367S8ZXm4GPzhcmLMmM9iy0PO1Z3yQ2QXFiYs9+rwSaq+UVKTC9hNhqn5WhodUHuqN32LAkH5typH41+WyH0FGFvFlOixjbTqGGHNJGgI2Lti3p8VL\/Mqs58JZC9f9jEjmEx4gtV20RZQAfgWXEBFxxwb0E6jRwRsynL8GlUYWN8p2BJnpXs+ueeHYVTfODlDqPT6pnQD1Rq4GqG653NkMB1HlZVcv4A8koJEtd5zlHNtOzOWIzQZycvyusWL7alyODlogHyhbZvWTZ8h6JdDft\/++1ViF5gVtmir7\/wDlmsiZcE\/+O0DVF3KQgWGsM7\/BhU05iqpqTtUgYvZuCkZLksE8DnAX84aH9ZO4Kf8CHL0wnN0qm\/uw1bR1Zq\/1tBmXv2qX3eEzInDo5dW+BAn48pzRE\/ShvANnoEu7s3anQViWAnKvFTbeDtG4k1fsD0+ABBue553XkLrDeRWQEGDH38YrQFnw370p\/TMg37qgA75nREEqFA9Kxs8SBfDSXrnTMIUCyv8IJE7BzEmKNlQG4bHGQZpr0SWHyJHVhG+Olv8pbSZgJoCYNYyhZ07tDz8j\/v9hc85aHQeO4a32wmL7hb5KeW37gnUjVEtcA9fOyh48ibXE0ROcHemFRW3xM6ioiQxj4aoGjVpAs6sKNIbc9FkFmG9CIa0JSANyzvCgvIeuxURBU627M3GELxQJeQJmA87ru9xgTIKtppBoMxSweTgGRfQWBuDKTFlAL5i+TriKqnQfZp4+PTPPOnJUIqVz0u9KeTNr2RPgd+Gqb8JiFqBAsl6f9JLcHPB0CPjGMG\/IRn4Q2j\/BUJBQRf3xqSNCfw5u\/ELJxgtRFLHAmz0JtU11flPVEOGXP3fusQeNK7JbojNPVbizFc52DRlL4PORpu0Eqnvp1E2kmrFKLixwat6tenDOglYUJu5mvDIeb4Utl7IV77QFs+jpiUKXjduDMoDQrF8movzGFKtmWK9RANqUuHcFAsCRe6qAcBu+Nw2\/+zRXDK9rGbDY2qUTXzFob\/xjpYvMJU4\/kzZ2QBxzk81V0eeF5nOGG4m5SkFnKR1CyTTNPn0qZxNhN0pcQCjrjOlEfElYQ2qGvetP+4v9u\/dI03YnvqL9m7LgoF1YEoEGq4Ip+XWl3VBX+oRhc5ALW0AmF6yUpbcs9CfjEWahOExxbf2w0PTwY2aBLdTfGL81XW86j76k6h7v5yZ2y2+SR4k6mgqfWc220\/qbPstsLKl219+N\/+mSBU4fUQwZwgjl4dZ74An5bGDbLkU5n9nJRCxazENsKuRGQBCUPbKx3RaI4JhjYchg0Sa+\/h6W1y7+bH\/VL5UF8ni3V7Jm4QSprkPDOmzcx+OzwzAjdQZj1QWEtK8CXAeW8YiqbTOW128OWp8lN2yDNl1Z\/IonvqxEY8YwU6Uh0HBXCnaU3dD3v4lSqRX18fk3Q3lgJJ5\/fRA5aAg89mZvDt0\/H\/KIZ0ICdTE2nxHT80iH1chsp6qyTGJ6+I2RE6jjrdmuDHBwvhaCSlyr95PmYAW6fSwua9Ur42Ys35M5NB96WmbrdnTF+3pBOV4CGucAo\/L37XZ8nB1vkk8sNpeoKAr0eKw9tmgxOkcYuOqHRqP08QkpXubQ3Tr26ikhO9lvxBVn9W9NMgeCbfaiUlO\/pxSMkyrO56HnQoyW0hX+KT7iLG9Jt3HYOZ6cXQyNGfnYYJ2pId1wQx0y+8iRJS2HlMiTItpw6ApWgDIIuM7TrKlUs61LAUDjZ1fPLFWAOtNxF7atfoTyVgDp3wM38AHZbIO\/lgpJOodP92hF90Craf8zGvKgu7Vm6+EYW7dt3lxn7p7wd8jpYlCoTH1bVxsKBBsE6l02KmCzd5cEaxZ0\/c4TTn9G16MnYwTIDQyg7kJpHuLTXlYxRaT\/qlh2r\/urLlO8OH+vNyS3q6kDMzraerCvoWdab7h\/ez\/us\/yelX1P6aMrky2DS\/8w5Oj\/RRX0tTJ0uzOc9J7MX45GSbnSv5rUdJy6bmf4Egj5STOxPuYCxBnWDz1ZN37N9RcrQkd0J74UcLgoahsFSU1ie0oit8Tjs65qPXDyjGW9HgejGjtG6e6NRflQCpAfeHffKawRSmntbaaQcM3o1iuUQL2qUizK3SHbUbM4eu1kBsFd9YspQkV73E3R9KDAinQXFZT4Y8UAR\/dyC4ZxoX7O2tdkDv4guvj0Bu5Ts9w9HW6W4SG2BZDHinB0jgSEhm7M5OyLUmIllXg70MNkPVH997bZX4loeCWJUGkhN1+c8TGaHlidqi+LpkFLF881uaEJQOcpTEXTz9+FnYM2t8bZH9U9l4HAYBscG\/qG0jQmB4pgVVdP+Wy0PkSXIUY4B8SX6LjqP1qbQCFIzFngAeXZ2Ym+9f77jcuRopJoZgkjAnsxS3vK4xB6RFksC2fv82oyccge2ficms1caedFcOQ+bd4eq\/0rYKRX6zb7iyCdxGOW77L99IZXwg2dsq4N9tdBcHbjgkRnYXl9XgUd4MvC50wt5jCpfZcwGmGxIsV9A3EzfWSkD7RR9eRFjcm+46ZHql9sJY3VgPwc5q2wDM4i\/5QBiHRYDrifQxHPoK1FWQ9aYlXkMRoRg3oS4IdoXNtZjFQ7JDpCa\/6Zi8KVc6iY7anUdI66aJGkhn+dZddJ2OD8cotaEGO0Z2i4OwLxvoG2VOQGe2sq0SPhBL9gbI6mkui\/Srs18yQ6ne+KwlrzmUAKgmB4GYIihixtZ1Wm7h6G6gjN24teA+SVThiHhispLuPqrzzmW6HASG5m4oAnj76S1wFIgXoZL2GqxbJVR0mh8isSeHzckApyjVSOpS7\/4mUN85rb85o4RR+h05BxzMi\/HnrUTjrE8pgT4tKCwB6olHugrNKYaJzYVWjk6fW8L+z4OkodkZLRDC+BJpk60XH8pcUW28qWPrTXWRn75joHKixGDD06K\/tT9FFGcFXlDG547NbjZJoQWbCjz1kfYwmCYnzXzZFTFuaWR6La+rLq6dsg2+FdVtcsyo+qgHQTx5dF+pfm4mvZOL\/TuGV\/dhBdpPUAu7uDxafWXp9LxmXpyrX7DsREqdAvxU27u4num4d5iLCkf7OwoK4VuM5RJrjisMe0t3mdIiVHkw76GyoAvTxqXTIskc1E6f977PV4pvYSiDbwkrwAITgKDqZaTIFIIdLhBOKZ8K6PIEyRbapSUhIUIrkHJIab5exF89Y9CDki42V6agfOATVMmFS1L2\/hCyYjBYJ6woUDJ6VeAmpTdOF0GUOljP2J5YLKxWEhG\/sX3c5ruFAX+xSppWa1Yuuhj0BuruAhsJ6+hd\/F3XxUF8iEU\/glOpBPLqsuxYxihCxRm9nZ\/Zmi5oo1bwSmDgc7aNQXuYFYocB2XonghQe6fv7u\/EOXmsR4Ts8IRLVdrynKW+lyb\/cipaMj18SIZg9DqPH2kSJZO+63RIj6ICDiaDX8qfXUYdIDXmKtdDLH\/EORZJe6vG2HvfpaxwNzrSCk1AM8mQRrAFlfGKwgz5ou4hHnY1f6\/b4HAt8EHwYvdQ4XAz9hZ3OotHuR84wGZF5NL6qF3\/eBC+AEMF10m2sWyh7++5W1wckts7usdMw2Z4nSvuzkvU590y8Im7yHnNdoaUywvDmop636VMaQcvn3I76pYyE5ZcwyfD\/Td8QlNcH6k0i56XVSeFiGRvMuS+dCmtnAnP3cjcDc6blkvNz21GZgFNCd5gfqQdKY8rfZ5z\/WwJd2yO0OALZ6TkH\/kzI+jml8q5OeX+SDStkK\/j6gthg5o+fb5i9pm2SsNtORu07NJATzH23CEQKR7sCiTGxwKwp0JHGg4wvd4\/R\/1DbJCTS9XJti+TPvOLWP49Nc9QGK\/5zzJeZQI\/BSUw3iUWTUAo8SoyawvpbjWwCLnuFJQUFmBjCGgaFmkL8aRTwMgoYgrM0cp6FCRkEyg6q3mt62oB+pC+281F4XULZLAokRBzGfuDOJEqSIwiZ1G5KIcLz5\/kBEKQZdZIpYKUGO3yyzAwVuk8fZifMUqo9iWSS3NXQcB5wAxxktQ\/sAcgJWiXYYQf0OwMn22VGZKv9qzg08HWxuzoVw9aW3ryrOCSjxhVi8eO654jRQUIFM3se1ovfMpB0unXIh2hvAK5uMc2+jfXSS4m0RiuWqu5qHsD99mMZnExriUuvC\/LvGbDM+JgYLyNKkoc6F3iGYK3Dsh39bd\/VR2AHVKLDOqPHzuZokJOZBWNQxHU9QiC8ZZs0POls42gNGyngXXJRAYxzz+hXhw41ZKgxCnOk1KnRcElECWepP8SMVV1nyTAMWWiLzb+b\/uu4t7D6V0QES5zevEBRdHP6m3I6Kwao87xI8CJTZkFBWHmba0ChMgM6DfC4\/ss5rj3Ui3ApVfuSdVgDw\/S3QMJ3UA03g4Ia9o2fbX7bo\/794HZ9F8Tu1INwqO3EItjNw6R\/+EVKcPghHrzpDv8kGcpDaapBY417nLiNfC3TTofukTmHwVG8pRSSiVBBwgGKd6hrc3G3X17NhEtM+SrWI1ojICjhvZgYJylKq11GYWbBZPTOsOCXxlCDPIccl2sAHVbG4fn1xrPY7IGjRoOau\/1ZQ7SF3caQ==","iv":"0b7f573e47cb187695930b54a1fa7180","s":"11079fa9b96ae7ae"}