Oxfam report released recently shows that the five richest men in the world- Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Mark Zuckerberg-have doubled their fortune to $869 billion since ...

Fashion mogul Bernard Arnault and his family landed the top spot on this year’s Forbes billionaires list, which ranks the richest people in the world. Arnault, 75, is the chairman and chief executive ...

Caitlin O'Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces "The Uplift," ...

Opening in the year 2026, the world is confronted with economic instability, record inflation levels, and a cost-of-living crisis. But for the elite few, it all just seems much less important to their ...

There's a new No. 1 atop Forbes' annual World Billionaires List: Bernard Arnault, owner of luxury goods brands such as Louis Vuitton, Christian Dior and Tiffany & Co. This isn't a big surprise because ...

French billionaire Bernard Arnault has taken majority ownership of LVMH with a stake valued at more than $160 billion, tightening his family’s control of the sprawling luxury-goods company that he ...