According to the latest ranking of France 500 biggest fortunes in magazine Challenges, the top spot now belongs to Hermès' founding family.

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young ...

Despite his ongoing feud with US President Donald Trump, Elon Musk remains the wealthiest person on the planet. He is the ...

Amid plunging profit and scandals at some of its brands, investors are starting to call for the luxury conglomerate to break ...

Bernard Arnault, the chairman and CEO of luxury giant LVMH Moët Hennessy Louis Vuitton, added $5.3 billion to his fortune ...

Bernard Arnault’s company owns some of the world’s best known luxury brands, and it made him, at one time, the richest person ...

Also in the top 10 is Nvidia co-founder Jensen Huang who has seen the company grow from a 3D graphics startup in 1993 to the ...

Bernard Arnault is urging European leaders to accept a trade deal similar to the one President Trump reached with Japan this ...

As for the tech billionaire who leads the list of the top 10 richest people in the world, that title belongs to Elon Musk.

LVMH sales fell less than anticipated, still faces headwinds from inflation and a slumping Japanese tourist economy as it doubles down on U.S. manufacturing amid tariff concerns.