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.
Morningstar14d
Bernard Arnault slides down to world's fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals. Forbes' calculations on billionaires updated on ...
Business Insider26d
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global rich list. Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton ...
Fortune21d
As a ‘Succession’-style drama plays out, LVMH CEO Bernard Arnault brings two of his potential heirs to the Trump inauguration
Arnault has been on a roll adding his children to the company board, harking back to the moves of media titan Logan Roy in HBO’s sensation Succession. © 2024 ...
AOL14d
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off ...
Yahoo Finance25d
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Luxury magnate Bernard Arnault has gotten almost $1 billion a day richer so far in 2025.Tefano Rellandini/Getty Images Bernard Arnault has gained more wealth in 2025 than anyone else, including ...