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By March, Arnault had already added over $14 billion to his net worth, pushing his net worth ahead of Buffett's according to Bloomberg
In July, Arnault overtook Bill Gates to become the second-richest person in the world, Business Insider reported
Arnault is now one of only six people to ever hold one of the top two spots on Forbes' billionaires list, according to the magazine. The others are Bezos, Gates, Buffett, Zara cofounder Amancio Ortega, and Mexican telecom magnate Carlos Slim Helu.
While you're here, how about this:
Those Nikes — buy, sell or hold? Sneakers are now assets trading like stocks - Los Angeles Times
Aguirre, 31, is part of the evolution of the multibillion-dollar worldwide sneaker resale market, which is looking less like a hobby these days and more like an occupation
But for Aguirre, this is a serious second-income business. Aguirre says he sold $50,000 in sneakers last year and estimates he cleared about $7,000 in profit
"The sales depend on the shoes I list," Aguirre said, "but it can get to the point that I'm selling more than a hundred pairs of shoes a month Dedicated resellers like Aguirre drive the action at StockX, which Chief Executive Josh Luber helped found in 2016 with the idea of bringing Wall Street to streetwear
Now Luber's pushing the investment angle even harder by striking exclusive deals with manufacturers to sell products through blind auctions in something StockX is calling a "sneaker IPO," for initial product offering! Bernard Arnault just became the 2nd-richest person in the ...www.businessinsider.com ...bernard - arnault ...Bernard Arnault just became the 2nd-richest person in the world. These 5 mind-blowing facts show just how quickly the French billionaire's fortune is growing. LVMH CEO Bernard Arnault is now the...!! There's benefit for shoe companies and deep-pocketed buyers, but the product-drop-via-auction approach could leave behind the small-time sneakerhead that was the core of the resale market.
5 African countries that should be on your 2019 travel list - Pulse Nigeria
In October 2018, Ghanaian president Nana Akufo Addo officially proclaimed 2019 as the Year of Return for all Diasporan descendants of Africans Following his declaration at a ceremony at the United States National Press Club in Washington DC, the country attracted many black celebrities like Boris Kodjoe, Naomi Campbell, and Michael Jai White who was installed as a chief in the Akwamu Traditional Area in Ghana
President Addo's proclamation has landed the country on CNN Travel 's 19 places to visit in 2019
Attractions include wildlife zones with wild elephants, surfing spots like Cape Three Points and Whistling Rocks. To really enjoy this last spot, make sure you visit during November and December so you can the strange whistling sound these granite rocks make.
Milken conference celebrates capitalism amid a rising tide of inequality - Los Angeles Times
Along with its traditional cadre of global business titans, it now attracts research scientists, nutrition experts and green energy advocates, as well as leading political figures from the Trump administration, including Jared Kushner, Ivanka Trump and acting White House Chief of Staff Mick Mulvaney
"I kind of think of [the Milken conference] now as the Davos of North America in terms of the conference prestige, impact and the folks that are there," said Nathan Sheets, a former Obama Treasury official who is now chief economist for the fixed-income asset management arm of Prudential Financial, which manages $750 billion
Whether the comparison to Switzerland's World Economic Forum is hyperbole — the heads of state quotient doesn't compare and there are other prestigious U.S. economic summits, including the Allen & Co. invitation-only event in Sun Valley, Idaho — it would be a misnomer to call the present-day Milken conference Predator's Ball 2.0.
Were you following this:
The 10 largest US venture rounds of 2018 – TechCrunch
For the most part, it was the usual suspects, and yes, SoftBank was an accessory in many of these rounds. Here’s a look at the 10 largest venture rounds of 2018
Cary, N.C.-based Epic Games’ monstrous fundraise was a standout in a year when funding for gaming and esports startups really took off. According to Crunchbase, global venture investment in the industry increased nearly 75 percent, to $701 million in the first half of 2018. Given Epic’s round, Discord’s $150 million infusion of capital this week and several others since June, the second half of 2018 undoubtedly set major records in the space.
Meet Amancio Ortega, the fiercely private Zara founder who's worth $62 billion and owns propert
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The mysterious Zara founderwas briefly the world's richest man back in 2015, Forbes reported. He bypassed the then-richest person, Bill Gates, when his net worth peaked to $80 billion as Zara's parent company Inditex's stock peaked
But when the stock went back down, Ortega went back to being the world's second-richest man , a title he gained in June 2015
Le milliardaire Bernard Arnault (LVMH) recrute Ismaël Emelien, l'ex-conseiller spécial d'Emmanuel Macron à l'Elysée… https://t.co/qwtCY0RPQ9 fabricearfi Fri Oct 04 11:51:27 +0000 2019
L'ex-conseiller spécial d'Emmanuel Macron à l'Elysée, Ismaël Emelien, mis en cause dans l'affaire Benalla, vient d'… https://t.co/DpzPehyvJU edwyplenel (from Paris (France)) Fri Oct 04 12:04:21 +0000 2019
Pour celles et ceux qui avaient un doute sur l'amitié de Macron et de Bernard Arnault, Ismaël Emelien dispensera ce… https://t.co/vKTKvO02TK MathildePanot (from Ivry-sur-Seine, France) Fri Oct 04 12:32:30 +0000 2019
En quittant l'Elysée en mars dernier, Ismaël Emelien disait vouloir «porter le combat progressiste au cœur de la so… https://t.co/bBkiChIO1H edwyplenel (from Paris (France)) Fri Oct 04 12:20:29 +0000 2019
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