The owner of Louis Vuitton and Dior, Bernard Arnault raised his fortune by $ 8,1 billion for the week.
Now, his fortune again hit the mark of $ 100 billion, namely $ 103,4 billion, as reported Forbes. Despite the pandemic and the global economic crisis, the ten most influential billionaires increased their fortunes in total by $ 33,6 billion.
This dynamic result is due to several factors, the fact that the European Union announced a stimulus package of € 750 billion, after which the Euronext 100 index, which includes shares of L'Oréal, LVMH and AB InBev grew by almost 6% and following them, the LVMH shares increased up by 8%.
Shares of other European companies in the beauty and fashion industry have also grown, like an Inditex, parent of the Zara chain, surged nearly 10% due to Thursday.
Now, his fortune again hit the mark of $ 100 billion, namely $ 103,4 billion, as reported Forbes. Despite the pandemic and the global economic crisis, the ten most influential billionaires increased their fortunes in total by $ 33,6 billion.
This dynamic result is due to several factors, the fact that the European Union announced a stimulus package of € 750 billion, after which the Euronext 100 index, which includes shares of L'Oréal, LVMH and AB InBev grew by almost 6% and following them, the LVMH shares increased up by 8%.
Shares of other European companies in the beauty and fashion industry have also grown, like an Inditex, parent of the Zara chain, surged nearly 10% due to Thursday.