Bernard Arnault – Latest stories from Nourish

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Bernard Arnault is in the news for criticizing France’s wealth tax proposal. He’s a billionaire CEO of LVMH, the world’s top luxury giant.

Stories involving Bernard Arnault

Armani Empire Faces Major Transition

Following Giorgio Armani's death on September 4, 2025, his will directs heirs to sell an initial 15% stake in the fashion empire within 18 months, followed by an additional 30% to 54.9% within five years. Priority buyers include LVMH, L'Oréal, and EssilorLuxottica, or alternatively an IPO. The Armani Foundation and longtime partner Pantaleo Dell’Orco hold majority voting control, ensuring legacy preservation.

LVMH CEO Criticizes Wealth Tax Proposal

French economist Gabriel Zucman proposed a 2% wealth tax on assets over €100m, aiming to address wealth inequality. LVMH's Bernard Arnault strongly opposes the plan, claiming it threatens the French economy. The debate has intensified amid political pressure and protests over budget cuts.

Legendary Architect Frank Gehry Dies

Frank Gehry, renowned for his innovative and sculptural buildings like the Guggenheim Bilbao and Disney Concert Hall, has died at age 96 in Santa Monica after a brief illness. His work revolutionized modern architecture and earned him the Pritzker Prize.