Former Millionaires Are Revealing How They Lost All Of Their Money, And My Mouth Is Wide Open
"My grandfather passed the business to my dad's brother, who started living large. He let the underlings manage the business while he lived lavishly..."
Here's how the 10 richest people in the world fared after Trump's tariffs
President Donald Trump's sweeping tariffs on Wednesday afternoon triggered market chaos, leading to the top 10 richest individuals losing a combined $74 billion on paper.
LVMH's Bernard Arnault sees nearly $10 billion in wealth wiped out after share price bloodbath
"Maybe the current global situation, be it geopolitical or macroeconomic, doesn't lead people to cheer up and open bottles of champagne," Jean-Jacques Guiony, LVMH's chief financial officer, said.