As the founder, chairman, and CEO of LVMH Moet Hennessy Louis Vuitton, Arnault has not only revolutionised the way we perceive luxury goods but has also become one of the world's richest individuals. With an estimated net worth of $230 billion, Arnault's influence extends far beyond business.
Real estate prices in the UK have experienced their biggest decline since July 2009. They have fallen in August as strongly as they have not since the global financial crisis.
Once synonymous with opulence, private jets now face a reckoning with environmental responsibility. As climate concerns mount, we explore the changing landscape of luxury travel, diving into the challenges and innovations that are shaping the future of private jet travel.
As recently as last year, most Swiss industrial companies were doing brilliantly. The economy grew more strongly than calculated; the real gross domestic product (GDP) rose by 2.6%, according to the national accounts. This year, however, will be more difficult.
168 billion Swiss francs is the amount that the Swiss National Bank (SNB) had to lend Credit Suisse in mid-March 2023, at the height of the banking crisis. This was the only option to prevent the collapse of the once-second largest Swiss bank. The SNB provided a substantial portion of this liquidity assistance without receiving collateral from Credit Suisse. Therefore, in the event of bankruptcy, the Swiss taxpayer could have also lost billions.
Taftie brings together Europe's premier national innovation agencies. Innosuisse will assume the President for one year commencing in January 2024. Learn more about Taftie and what it implies in the context of collaboration with Innosuisse.
When it comes to diversifying investment portfolios, high net worth individuals often seek unique and tangible assets that can stand the test of time. In recent years, classic cars have gained significant attention as an alternative investment opportunity that combines passion with profit potential. With a rich history, undeniable charm, and the potential for substantial returns, investing in classic cars has emerged as a sophisticated choice for those seeking to expand their investment horizons.
Reliance Industries, India's largest company, is undergoing a generational shift. Concerns over a rekindled family feud cast a cloud on succession arrangements.We explain the details below.

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