The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
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PARIS, France — It has been a roller coaster ride for the planet's richest people this week as tariffs and tech roiled markets.
Bernard Arnault, chairman of luxury-goods maker LVMH, reached a new level of rich as his Christian Dior SE rose to a record Thursday, making him the fourth-wealthiest person, surpassing Spaniard Amancio Ortega on the Bloomberg Billionaires Index.
The Frenchman is now worth $70.7 billion, the most of any European.
By Devon Pendleton, with assistance from Tom Metcalf; editors: Pierre Paulden and Peter Eichenbaum.
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