Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta's Mark Zuckerberg.
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.
LVMH sales beat expectations as CEO Bernard Arnault shifts focus to the US
LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not want to return to the office.
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
Hosted on MSN6mon
LVMH's Bernard Arnault Talks Richemont Stake, Potential SpaceX Collab
When Bernard Arnault, whose LVMH Moët Hennessy ... noting his successes with both Tesla and SpaceX. Arnault said there had also been some discussions about two of the billionaires' companies ...
5 of world’s richest people line up for Trump ‘power’
The ceremony in the US Capitol underscored the president’s deepening ties to titans of industry and the shifting stances of ...
Elon Musk Reclaims Title As World’s Richest From Bernard Arnault—As Net Worth Reaches $210 Billion
Tesla CEO Elon Musk overtook LVMH chief Bernard Arnault to become the world’s ... up in equity he owns in his private ...
Business Insider1mon
A year in wealth: The biggest billionaire winners and losers of 2024
SpaceX, meanwhile, has doubled in value in ... Meanwhile, some billionaires did experience hits to their fortunes. Bernard Arnault: $31 billion poorer This year was one of the worst years for ...
Tech Billionaires Get Prominent Places at Trump Inauguration
WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend ...
Forbes28d
The Unprecedented Gap Between Elon Musk And The World’s Next Richest
That same month, SpaceX was valued at $350 billion in a ... soar by a record $170 billion during 2024–or by roughly one Bernard Arnault, who ended the year as the world’s fifth richest person ...
FOX 5 New York on MSN10d
Nearly $1 trillion in net worth: Tech titans gather at Trump’s inauguration
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, ...
The Economist9d
Donald Trump’s America will not become a tech oligarchy
Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America ...
Business Insider India3y
Bernard Arnault, owner of Louis Vuitton, beats Jeff Bezos; becomes the richest man in the world
Bernard Arnault and family, have become the world ... He had overtaken the world’s second richest person Elon Musk -- SpaceX and Tesla owner, after reporting a first quarter revenue of € ...
San Francisco Examiner13h
French luxury billionaire sparks tax debate with threat to leave
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United ...