LVMH CEO Arnault Overtakes Gates as World’s Second-Richest Person

The video discusses the significant growth of the luxury market in 2019, driven by consumer demand and strategic brand acquisitions by LVMH. It highlights the wealth disparity between Europeans and Americans, noting that Bernard Arnault is the richest European, surpassing Amancio Ortega. The video also compares Arnault's wealth to Jeff Bezos, noting that Bezos maintains a lead despite his recent divorce, due to Amazon's strong performance.

What impact did Jeff Bezos' divorce have on his wealth compared to Arno's?

In what ways has LVMH been performing in the market recently?