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» This old fuk made $110B in 14 months overtaking Bezos
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post 1639390933 05-25-2021, 09:16 AM
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#1
  1. OffwhiteBrah
  1. OffwhiteBrah
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This old fuk made $110B in 14 months overtaking Bezos

As the richest man alive, stock tripled

French fashion tycoon Bernard Arnault overtakes Jeff Bezos to become the world's richest man after his net worth climbs to $186 billion - a rise of $110billion in just 14 MONTHS​
Bernard Arnault's net worth reportedly climbed to $186.3billion early on Monday
He overtook Amazon CEO Jeff Bezos as world's richest man by just $300million
His luxury firm LVMH rose 0.4%, pushing his stake up by more than $600million
Moët Hennessy Louis Vuitton owns Louis Vuitton, Fendi, Dior and Givenchy
It comes a week after Arnault, 72, overtook Elon Musk for the second place


post 1639391183 05-25-2021, 09:20 AM
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#2
  1. Auraria
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  1. Auraria
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wtf did he do to have that much of an increase in 14 months.
That's fukkin insane.
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post 1639391293 05-25-2021, 09:21 AM
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  1. Ratfish
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thanks to ghetto people buying his luxury brands with they stimmies?
Make Europe Germany Again
post 1639391563 05-25-2021, 09:24 AM
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#4
  1. Polaris
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Originally Posted By Ratfish
thanks to ghetto people buying his luxury brands with they stimmies?
Makes sense.
post 1639391573 05-25-2021, 09:24 AM
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#5
  1. OffwhiteBrah
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Originally Posted By Auraria
wtf did he do to have that much of an increase in 14 months.
That's fukkin insane.
Old lady luggage is so hot right now
post 1639391703 05-25-2021, 09:26 AM
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#6
  1. scooterbrah
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all that money and still hasnt upgraded his lady? smh
MinisterOfLust: scooterbrah and Mcfreoko are the two worst posters here.
post 1639391773 05-25-2021, 09:26 AM
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#7
  1. plsmire
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Amazes me. Bill Gates has his products in every single household all over the world. And he’s not One of the products, he is THE product.

I didn’t think there was that much money in luxury brands. I mean 100mil, maybe a few bil but 180bil? Wtf.

Quick check, he still holds a lot of equity in the companies, that’s impressive.
post 1639391783 05-25-2021, 09:26 AM
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#8
  1. Goat_187
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Originally Posted By Ratfish
thanks to ghetto people buying his luxury brands with they stimmies?
/thread
post 1639391843 05-25-2021, 09:27 AM
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#9
  1. Destor
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LVMH stock is up like 70% from it’s pre-pandemic value

Crazy to think that a luxury clothing retailer is still in the top wealthiest people in the world even in 2021
post 1639392033 05-25-2021, 09:30 AM
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#10
  1. DimTriad
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great but his dick doesn't work and he's a frail old twerp. money and status mean very little if you're not mentally and physically capable anymore. would infinitely rather be 25 with 5 million in the bank than 50 with 10 million
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post 1639392073 05-25-2021, 09:30 AM
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  1. Goat_187
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Originally Posted By scooterbrah
all that money and still hasnt upgraded his lady? smh
In b4 divorce and becomes the third woman in the top 10 wealthy out of divorce.
post 1639392553 05-25-2021, 09:37 AM
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#12
  1. IMathew
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Guy is a mastermind tbh, you guys should read about him.

Bought up a bunch of companies and turned lvmh into a powerhouse, shrewd as fuk

lmao I was like lmao


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post 1639392633 05-25-2021, 09:38 AM
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Originally Posted By Ratfish
thanks to ghetto people buying his luxury brands with they stimmies?
Mostly thanks to people in corona land
post 1639392883 05-25-2021, 09:44 AM
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#14
  1. DimTriad
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Originally Posted By IMathew
Guy is a mastermind tbh, you guys should read about him.

Bought up a bunch of companies and turned lvmh into a powerhouse, shrewd as fuk

what a great contribution to humanity. surely he will go down in the history books for this, and his name and legacy will be remembered and taught to generations to come
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post 1639392983 05-25-2021, 09:45 AM
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  1. HenryBoogers
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Originally Posted By plsmire
Amazes me. Bill Gates has his products in every single household all over the world. And he’s not One of the products, he is THE product.

I didn’t think there was that much money in luxury brands. I mean 100mil, maybe a few bil but 180bil? Wtf.

Quick check, he still holds a lot of equity in the companies, that’s impressive.
They cover a LOT of brands and the margins are absolutely obscene.
post 1639393023 05-25-2021, 09:45 AM
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  1. Destor
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[QUOTE=IMathew post_id=1639392553]Guy is a mastermind tbh, you guys should read about him.

Bought up a bunch of companies and turned lvmh into a powerhouse, shrewd as fuk

[img]https://eachshoes.com/wp-content/uploads/2020/08/LVMH-giant-empire-that-owns-Louis-Vuitton-Givenchy-Christian-Dior.jpg[/QUOTE]Was just dipping into his life story on Wiki, seems like good reading
post 1639393073 05-25-2021, 09:46 AM
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  1. MetroBrah
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high IQ srs
post 1639393393 05-25-2021, 09:49 AM
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#18
  1. guest89
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Never heard of his stock but IMO its a buy. Stupid people will never stop buying designer brands.
post 1639393403 05-25-2021, 09:49 AM
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Just think about how much debt and inflation we took on as a nation so that we could funnel BILLIONS to this dude. But hey, now a lot more people have LV bags and Gucci slippers to help them through this pandemic. Unreal.
post 1639393503 05-25-2021, 09:50 AM
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#20
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this man is the biggest pimp the world has ever known.



strippers, hookers, duchess, princesses and queens...... they get their paycheck and go out and blow it all on his merch. that is how much power he has over women. he is literally pimping these women.

they are selling their bodies just to have a handbag he made for 10 bucks.
post 1639393813 05-25-2021, 09:55 AM
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#21
  1. lolatpaniccels
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just imagine the ******* that's going to inherit all that money when he's dead in 5 years
post 1639393863 05-25-2021, 09:56 AM
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#22
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Originally Posted By DimTriad
great but his dick doesn't work and he's a frail old twerp. money and status mean very little if you're not mentally and physically capable anymore. would infinitely rather be 25 with 5 million in the bank than 50 with 10 million
and you're in neither situation lmao
post 1639393893 05-25-2021, 09:56 AM
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#23
  1. phaginator
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Cot damn, euro is richest in the world.


But let's be srs here for one sec. The richest in the world are the royal families and old dynasties. The "Forbes" billionaires are poverty in comparison
post 1639394033 05-25-2021, 09:58 AM
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  1. Casca
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Originally Posted By DimTriad
great but his dick doesn't work and he's a frail old twerp. money and status mean very little if you're not mentally and physically capable anymore. would infinitely rather be 25 with 5 million in the bank than 50 with 10 million
There's a lot of coping going on in you. He probably had 5 million at 25. I didn't have 5 million at 25 and it's very unlikely I will have billions at 70. Not a hater though
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post 1639394503 05-25-2021, 10:03 AM
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#25
  1. IH8RICE
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Originally Posted By IMathew
Guy is a mastermind tbh, you guys should read about him.

Bought up a bunch of companies and turned lvmh into a powerhouse, shrewd as fuk

Dude has taken capitalism to the max. Super impressive.
post 1639394543 05-25-2021, 10:04 AM
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#26
  1. _zman
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Originally Posted By DimTriad
what a great contribution to humanity. surely he will go down in the history books for this, and his name and legacy will be remembered and taught to generations to come
I'm all for the fundamental idea of capitalism, like what it does for innovation, but then there's this. Kinda gross.
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post 1639394783 05-25-2021, 10:07 AM
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#27
  1. BulkingIsHard
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Originally Posted By IMathew
Guy is a mastermind tbh, you guys should read about him.

Bought up a bunch of companies and turned lvmh into a powerhouse, shrewd as fuk

Never heard of those, must be a eurocuck thing
Originally Posted By _zman
I'm all for the fundamental idea of capitalism, like what it does for innovation, but then there's this. Kinda gross.
How is it "gross" acquiring companies?
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1639395403 05-25-2021, 10:15 AM
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Lol all those designer brands and his wife chooses those heels?
post 1639395963 05-25-2021, 10:23 AM
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#29
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Originally Posted By BulkingIsHard
How is it "gross" acquiring companies?
Originally Posted By SuperHercules
I see nothing wrong with it. he kept the brands how they were, just became the owner


It's much better than buying out the competition and destroying it so people have less options to choose
I just don't understand the concept of owning non-functional luxurious items. I can't grasp how so much money is spent on them.

I don't see how this contributes to a better society where we're all better off having spent time and money on it.

The only positive thing I can think of is providing a lot of jobs to people, but that time in those jobs could have been better spent focusing on something more productive.
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post 1639396083 05-25-2021, 10:25 AM
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#30
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Originally Posted By guest89
Never heard of his stock but IMO its a buy.Stupid people will never stop buying designer brands.
This post right here is a perfect representation of 95% of misc "investors"
Originally Posted By lolatpaniccels
and you're in neither situation lmao
This LMAO
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