Bernard Arnault, CEO of LVMH and the world’s fifth richest man ... outwards” comment while discussing social media company META’s decision to lay off low-performing employees, according ...

Bernard Arnault said he spoke about Meta job cuts with Mark Zuckerberg. The CEO of LVMH referenced layoffs at Meta when discussing job cuts at Tiffany on an earnings call. Arnault described laid ...

That rise allowed Arnault, LVMH's founder and CEO, to leapfrog Zuckerberg on the rich list. The Meta CEO's net worth dipped slightly to $201 billion, but remains up almost $74 billion this year.

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...

Arnault, the CEO of luxury brand LVMH, recently dropped out of the club, with a fortune of $193 billion. Zuckerberg, 40, who launched Facebook in 2004, has much of his wealth tied to Meta ...

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After Burberry ...

Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last ...