He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.

The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

Bernard Arnault has gained more wealth in 2025 than ... Zuckerberg and Musk are the next-biggest gainers. The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective ...

A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.

The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.

Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.

Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done.

DeepSeek's rapid rise as a Chinese contender to ChatGPT has sparked global chatter, with Indians adding their trademark humour. From jokes about "10,000 courses on how to use them" to quips about cow urine research,