French billionaire Bernard Arnault's fortune falls to $132 billion as LVMH sales slip
Billionaires Africa | 13.10.2026 18:29
French billionaire Bernard Arnault, chairman and chief executive of LVMH Moët Hennessy Louis Vuitton, has seen his fortune fall to about $132 billion, according to financial news site Invezz, after the world's biggest luxury group reported another quarter of shrinking sales at its fashion and leather goods division, its largest business.