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Showing posts with the label BernardArnault

7 Best Christmas Tree Stands in 2022

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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...

Who Is Bernard Arnault? See The Richest Person's Net Worth and More

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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 ...

Elon Musk cashes out another US$3.6-billion in Tesla stock

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Tesla CEO Elon Musk visits the construction site of the car maker's Gigafactory, in Gruenheide, Germany, on Aug. 13, 2021. POOL New/Reuters Tesla boss Elon Musk disclosed another $3.6-billion in stock sales on Wednesday, taking his total near $40-billion this year and frustrating investors as the company’s shares wallow at two-year lows. A U.S securities filing showed he unloaded 22 million shares in the world’s most valuable car maker over three days from Monday to Wednesday. The sale is the second big chunk of stock he has cashed out since his $44-billion purchase of Twitter in October. It isn’t clear if the sales are related to the Twitter acquisition, but they are annoying investors who are upset by a perception he is diverting his focus and resources to Twitter ahead of Tesla. “It doesn’t put a lot of confidence in the business, or speak volumes for where his attention is at,” said Tony Sycamore, an analyst at brokerage IG Markets, where Tesla is a popular stock among small-...

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