Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
Get link
Facebook
X
Pinterest
Email
Other Apps
Who Is Bernard Arnault? See The Richest Person's Net Worth and More
Get link
Facebook
X
Pinterest
Email
Other Apps
There's a new richest man in town, and this one would rather take people to the mall than to the moon.
Nathan Laine/Bloomberg/Getty Images
Bernard Arnault, who owns 48% of the luxury fashion conglomerate LVMH, just displaced Elon Musk as the richest man in the world after the Tesla owner's fortune tumbled to $163.3 billion following his pricey Twitter acquisition, per Bloomberg. At one point, Musk's net worth sat at $340 billion.
The 73-year-old is the first person from Europe to claim the top spot.
While Arnault's vast estate is far less than what Musk's was at its peak, the entrepreneur has built quite an empire while living a relatively quiet life.
Who Is Bernard Arnault and What Is the LVMH Company?
Bernard Arnault's success story starts in Roubaix, France, where he was raised and began his career at his family's construction business, Ferret-Savinel, according to CNN.
After working his way up the ranks for several years, he invested in the textile group Boussac Saint-Freres in 1984, which was known for owning Christian Dior and was facing bankruptcy.
He set out to return the brand to profitability and take over the luxury retail market, especially after he bought LVMHin 1989, which was formed after the merger of Louis Vuitton and Moët Hennessy.
Since the purchase, Arnault has sat as the company's chairman and CEO and is still very much a part of the business today. LVMH currently owns 75 brands composed of wine, spirits, fashion, leather goods, perfumes, cosmetics, watches, jewelry, and luxury travel with 5,500 stores worldwide. In 2021, the company marked its biggest brand takeover ever with its $15.8 billion purchase of Tiffany & Co. Other notable brands in the group include Givenchy, Fendi, and Stella McCartney.
According to Bloomberg, LVMH generated €64 billion ($68 billion) in sales last year and has a market value of €364 billion ($386 billion).
What Is Bernard Arnault's Net Worth?
Bernard Arnault's net worth sits comfortably at $170.8 billion, according to Bloomberg. However, the figure is slightly down $7.2 billion in 2022 as a result of tough economic markets and the fallout of the COVID-19 pandemic.
Despite acquiring a massive fortune, Arnault shows no signs of slowing down — LVMH lifted its CEO age limit from 75 to 80 in early 2022, insinuating he'll be sitting at the helm for at least another couple of years.
While Arnault has the wherewithal to live large, he appears to have chosen a low-key life. In fact, he recently sold LVMH's private jet after it was tracked on Twitter, per Bloomberg.
Arnault is also an avid art collector and has an estimated $10.3 billion in cash and other assets, according to the outlet.
Image credit: Photo by Julien Hekimian/Getty Images
Who Is Bernard Arnault's Wife and Does He Have Children?
Bernard Arnault is the father of five children. He shares his two eldest kids, Delphine and Antoine, with his ex, Anne Dewavrin. He and his wife Hélène Mercier, who are still together, share three children: Alexandre, Frédéric, and Jean. All of his five children currently work for the family business, but daughter Delphine is seen as the "heiress" of LVMH, according to Insider, and she sits as executive vice president at Louis Vuitton.
I recently watched “ the greatest film of all time ,” and the most boring one. In retrospect, the title alone should have been a sufficient warning: Jeanne Dielman, 23 Quai du Commerce, 1080 Bruxelles . Alas, I’m old enough to be a bit nostalgic about massive telephone address books. And massive it is. Clocking over 200 minutes, Chantal Akerman's 1975 dreary drama follows three days in the monotonous routine of Jeanne, a widow, a mother, and a prostitute. I watched Jeanne’s autopilot existence, until, staring at her back as she washes dishes, I decided to fast-forward a couple of minutes, only to discover she was still at it. And Jeanne is equally thorough when she’s busy baking, cleaning, folding laundry, or shining her son’s shoes. She speaks so scarcely and mechanically, that it’s impossible to detect any emotion or volition beyond her carefully controlled chores . Watching Jeanne Dielman is what the word “painstaking” was invented for. Chantal...
Stored procedures: like functions for your SQL. A stored procedure is a batch of SQL statements created and stored on a database. You can reuse a stored procedure over and over again. A stored procedure can accept parameters, run a query, and return results. Many users can call a stored procedure and different applications can call it with different parameter values. What Are the Benefits of Using Stored Procedures? Apart from allowing multiple users and applications to reuse it, a stored procedure has other benefits. It is easy to modify. You can change a stored procedure when necessary and these updates will be reflected for all users. Furthermore, you don’t need to redeploy your application when you modify the stored procedure. It reduces network traffic because the server only passes the procedure’s name over the network and not the entire query. It improves database security since users don’t have direct access to tables. To make...
Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
Comments
Post a Comment