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":"944567e2203a02eb909fa4450e5ff5ee","s":"d4c1f310cad1b3ca"}