Top Billionaire Island Owners. Lawrence Ellison, co-founder and CEO of technology giant Oracle, the French luxury business titan Bernard Arnault, and Google CEO Larry Page are the top wealthiest owners of luxury islands valued at US$10 million and above, according to Wealth-X “Top Billionaire Island Owners.” All of the top five billionaire hail from … Read more
Berluti unveils first ad campaign. Headed since 2012 by LVMH’s CEO Bernard Arnault‘s son, Antoine Arnault, the luxury house of Berluti (founded in 1895 by Italian Alessandro Berluti) conquers new peaks with its first ad campaign. The first Berluti global advertising campaign features British actor Jeremy Irons and Pierre Casiraghi, “men from two different generations … Read more
Asia has the world’s most billionaires Carlos Slim (73) – ranked as the “Richest Man on the Planet” On its 2013 list, Hurun Report, a monthly magazine best known for its “China Rich List“, a ranking of the wealthiest individuals in China, has ranked 1453 individuals with personal wealth of US$1 billion or more. Real … Read more
LVMH well-equipped to continue its growth momentum Despite an uncertain economic environment in Europe, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, says it is well-equipped to continue its growth momentum across all business groups in 2013. LVMH recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011. … Read more
LVMH Announces the appointment of Michael Burke as chairman and CEO of Louis Vuitton After the sudden departure of Jordi Constans, LVMH announced the appointment of Michael Burke as Chairman and CEO of Louis Vuitton. He joins the Executive Committee of the LVMH Group. Michael Burke joined the LVMH Group in 1986. From 1986 to 1993 … Read more
Ultra high net worth (UHNW) luxury watch manufacturers and retailers With a net worth of US$26 billion, Bernard Arnault, chairman and CEO of LVMH, is the world’s richest watch titan, according to Wealth-X top 10 UHNW global watch titans list. Francois Pinault, founder of PPR, ranked second with a net worth of US$9.9 billion. In third … Read more