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Bernard Arnault gains $6.9 billion as LVMH shares rise
3 Articles
3 Articles
Nicolas Beytout, founder of "L的Opinion" twelve years ago, long wanted to support his company Bey Médias, which also publishes the economic media "L的Agefi", to a solid shareholder. It has been done since 2 July.
The Arnault family owns its stake in LVMH via the Belgian holding company Pilinvest. The latter paid EUR 50 million to the luxury emperor in 2010. Since then, a fight has started with the tax authorities to determine whether this amount was taxable. Bercy has just won a round at the Conseil d'État.
Bernard Arnault gains $6.9 billion as LVMH shares rise
Bernard Arnault, chairman and chief executive of LVMH Moët Hennessy Louis Vuitton, saw his net worth climb by $6.9billion, following a nearly 5.7% rise in LVMH shares that closed at €469.05. The post Bernard Arnault gains $6.9 billion as LVMH shares rise appeared first on Nairametrics.
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