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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‘Five-day office week will become the norm again’
admin, , Business, 0
Jessica Bowles, director of strategy at commercial property developer Bruntwood, which operates in Manchester, Birmingham, Leeds and Liverpool, told...
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Hapag-Lloyd says Red Sea route still ‘too dangerous’
admin, , Business, 0
“Amid a global recession, Egypt is grappling with shortages of foreign exchange reserves caused by the impact on the...
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Walgreens abandons Boots sale after market turmoil
admin, , Business, 0
Rosalind Brewer, chief executive of Walgreens Boots Alliance, said: “We have now completed a thorough review of Boots and...
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Shoppers desert High Street after record rain storms
admin, , Business, 0
Pete Terry, managing director of Disco Bowl, which owns a chain of bowling alleys across the UK, including in...
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Hospitality sector ‘anxious’ over summer staffing
admin, , Business, 0
“I am very sceptical about a skills-based immigration policy because we have no shortages in those areas, but where...
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IMF openly criticises UK government tax plans
admin, , Business, 0
The UK government proposals will work at “cross purposes” with the cost-of-living fight, the IMF says.
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Mortgage rates: Average two-year fix now above 6%
admin, , Business, 0
More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Will there be a national rail strike?
admin, , Business, 0
The 15 train companies RMT are balloting are: Chiltern Railways, Cross Country Trains, Greater Anglia, LNER, East Midlands Railway,...
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