She is still a distance away from French counterpart Bernard Arnault, who was second on the list with a net worth of $179bn. Mr Arnault is the founder of LVMH, the world’s biggest luxury group, which owns a portfolio of high-end brands including Fendi and Louis Vuitton.
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Energy bills predicted to fall from July by nearly £450
admin, , Business, 0
Ofgem’s current cap for an average household is £3,280, but consumers aren’t directly affected by it because the government’s...
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Network Rail starts consultation over job reforms
admin, , Business, 0
Transport Secretary Grant Shapps said: “While we still encourage RMT to join talks and find a solution to this...
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Workers supplying UK retailers allege exploitation
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The garment industry draws more attention because it’s driven by exports and counts some of the world’s biggest brands...
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Bloomsbury sees higher profits thanks to reading ‘ray of sunshine’
admin, , Business, 0
Nigel Newton, chief executive, said: “The popularity of reading during lockdown is a ray of sunshine in an otherwise...
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Hospitality bosses lose court battle over indoor opening
admin, , Business, 0
Mr Osmond, a former director of Pizza Express, said: “This case is not ‘academic’ for an industry that is...
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Russian gas giant Gazprom makes £39m profit in North Sea
admin, , Business, 0
A number of Gazprom executives, including the chief executive Alexei Miller, are under sanctions from the UK government, though...
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‘Our collapse would be catastrophic for the war’
admin, , Business, 0
“For the wider world, it’s simple. The price of wheat will continue to rise, the price of corn and...
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TransPennine Express loses contract over poor service
admin, , Business, 0
The government will now run the service after months of delays and cancellations.
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