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Bernard Arnault’s Fortune Falls By $9 Billion As LVMH Shares Plunge

Bernard Arnault’s Fortune Falls By $9 Billion As LVMH Shares Plunge

Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.

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Hermès overtakes Bernard Arnault's LVMH to become France's most valuable company

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