Ellison invested in Tesla and served on the board of the electric vehicle company from 2018 through August 2022. Bernard Arnault, CEO and chairman of luxury goods group LVMH, got $20 billion ...

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After Burberry ...

Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday.

LVMH, which makes billions selling "made in France ... alongside other billionaires including Tesla founder Elon Musk and Meta Platforms boss Mark Zuckerberg. Arnault, who early in his career ...