Gist-it-Off

👉----ATTENTION ‼️
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, is now the richest person in the world, according to Bloomberg's Billionaire Index..

He has a net worth of $201 billion, according to Bloomberg.
He was crowned the world's richest person last week, dethroning Tesla CEO Elon Musk

Arnault serves as the CEO and chair of the French luxury conglomerate LVMH which owns well-known brands including Louis Vuitton, Tiffany & Co, and Dom Pérignon.

But that is not where his money comes from. The majority of his fortune is driven by his 97.5 percent stake in Christian Dior, Bloomberg states.

In 2022, the 75-year-old entrepreneur raised LMVH's mandatory retirement age to 80 which gives him another five years in control. His five children all work across LVHM and its brands, with daughter Delphine acting as CEO and chair of Dior.

Let's face facts!
Can your president do this honorably?
See Why he resigned!

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