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World's richest person Bernard Arnault loses $11.2 billion in a day
short by Ankush Verma / on Wednesday, 24 May, 2023
World's richest person Bernard Arnault lost $11.2 billion in one day over concerns that a softening US economy will dampen demand for luxury goods. The founder of LVMH still has a net worth of $192 billion, according to the Bloomberg Billionaires Index. He has added $29.5 billion so far this year.
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