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":"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","iv":"430e40c48dabcd2cadeddc1c925ebc70","s":"ab5e0079f8501fa8"}