Bernard Arnault = Math + Art Unlike tech businesses that can loose value, his will only gain value with time. His brands are characterized by desirability and timelessness. Bernard is actually grossly underrated.
well, clothes are like FMCG people in 1950's were wearing clothes people today are wearing clothes people in 2050 will be wearing clothes. But people in 1950's were using a different Phone people today are using a different phone, people in 2050 will be using a different phone. that's the difference between technology and FMCG goods.
I actually met and had a conversation with Arnault and Marc Jacobs in 2011 on his birthday. I was working security for the four seasons hotel in Washington DC, he held his party there and I was assigned to his security detail. Funny thing was I never really knew much about him or who he was at the time, very cool guy.
he was in building development which is in the business of acquiring a new plot of land, and building on it. I suppose he got used to the idea and went on acquiring businesses one after another.
Indeed. He assimilate people's money with class differentiation in very vicious way. Those brands provide influences to poison society for their profit.
@@insideinfo1556 most billionaires, politicians, and huge companies think people are like dogs that need to be managed. We are consumers to them. We just consume things.
I am pretty sure he paid his way getting into Ecole Polytechnic That degree makes you a demi God in France The way he carried out buying companies tells a story itself. Also the lady which is seen with him is a French reporter who is also seen interviewing lot of time none other than Emmanuel Macron I see a bigger picture here...
well in the end , the workers at LVMH get quite nice work conditions, he revived french craftmanship and made a point on only hiring qualified workers from sinistered places in France as long as they had the "know how" that was fading away (did the same with his american line, hired only true texan lether craftmen-women ), he created way more jobs than he destroyed , he funded Notre Dame rebuilding and got Macron to renounce his ridiculous idea to have it redisigned by a muslim architect ... he might be rough, but he's not completely cynical. HOnestly he saved France's luxury fashion production, from the seamstress to the designers. He's surely not my most hated billionaire. (the woudl be Bezos or Soros)
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*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
as to how Bernard knew that the creative director of Gucci could walk away from his contract as long as 35% of shares are purchased, either you can do amazing research when you're rich, employment contracts are publicly accessible or word really gets around in those circles...
It doesnt work that way. Handbag market are estimate to be around 49.35billion dollar while food market is 11.7Trillion dollar. The only different food market is distribute among many company around the world while this guy dominate the handbag market. He buy off many of his competition.
Lol, i m trying to understand fashion industry but as some one who dont understand fashion, I always think "no one is buy a bag for $50k" but ppl actually do.
I've heard people compare luxury stocks to tech stocks in the way that they can both command higher P/E ratios than average market because they are considered to have particularly high potential. Though it might just be in France.
@@toxicloner5694 hell no. Growing millions to billions is more difficult than growing thousands to millions. Arnault is very impressive, but envious people hate on his success because they're so poor they do their shopping at a garbage truck
Luxury is a very competitive industry especially in Europe. In France LVMH is faced with Kering for example. In addition, the luxury industry is dominated by Luxury cars, so the fact LVMH doesn’t own a single car brand means their share on the luxury market is relatively small compared to other industry leaders (around 25%).
It's technically still making money from the poor because those rich people are buying luxuries, which are purely selfish, instead of helping poor communities, investing in social infrastructure, giving to charity and so on
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Intelligent investors shouldn’t ignore expert Mr. Paul Jones. He says, how many millionaires or billionaires do you know who have become wealthy by investing in savings accounts? Obviously non has become rich by putting their wealth in savings accounts
Rich people plays the money game to win. Poor people plays the money to not lose. The goal of the truly rich people is to have massive wealth and the poor sees it as surplus opportunity for consumption instead of investing it. change your mindset and do what the rich does, which is investing, investing and investing..
It's not whether you're right or wrong that's important, but how much mon'ey you make when you're right and how much you lose when you're wrong. I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over.
Well in regards to the long term business skills he is a masterclass manager. It is hard to make decisions when you have to make cuts or layoffs though, as well buy other companies, but overall it seemed that he was a super successful with his career.
Bill, mark, jeff etc. Deserve the money, they made something thats actually useful to many of us and innovate, this guy is basically getting charity from rich people and selling products that are purposefully overpriced, and the worst part is, the products are not even made *That* well tl;dr he hasnt done something "useful" for humanity
@Isabella Bryant I was depressed when I see my children suffer because of financial issues, so a friend introduce me to cryptocurrency trading and investment....
@@aaliyahkareh6318 I have had no luck investing in cryptocurrency , I actually invest on my own but my profit ain't always as I expect, sometimes I keep losing money 😥😥😥😥.
What would be an interesting twist if someone like him owns % of manufacturing bootleg items under using the names. Given how hard it is to stop fakes and how much money it brings in at times it's more than what the true brand makes, the smart move would be to find the factories and somehow own some % of them or at some level own a % of the sales. And keep it unknown then the same time when they try to stop the fakes they make money again regardless if it's not sold. Probably few other ways to handle it, just have to be creative about it given no point in trying to fully stop it given never stop. Just like so called war on drugs good luck fully stopping it will never happen. Will all ways be someone willing to take the risk given how much they will get paid.
While these people spend money on things that holds no significance, the other half of the world is struggling to make ends meet. Its interesting the people themselves have given them this power.
isn't what made each of these companies unique is not being owned by the same person, seems like it's becoming luxotica which is the eye wear monopoly.
Thanks. Also felt my ears bleed hearing the man's French. Also, "Hermés" is pronounced like "Ærmé" because H is silent and stress falls onto the last syllable. As well as Henessy is pronounced "ænessí" - same thing applies
@@giovannip8600 , nah, can't agree with that fully. I don't know a lick of French apart from a couple of phrases, but I don't find it complicated. But the spelling though... On the flip side we have German with 99% straightforward spelling and pronunciation, but with grammar that's giving me nightmares.
Starting early is the best way getting ahead to build wealth, investing remains a priority the stock market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works.
By underpaying his staff duh. How many employees from the LVMH umbrella do you hear making good money and getting good benefits. It’s not like working at google.
Bro as much as bernault was a savage with Gucci. They would be probably be way better off with LVMH, they take wayyyy more care of their brands than kering
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The way he was saying the French names like they were English names was erky, especially the 1st 2 minutes he kept saying Bernard. It's Beh-nar Ar-no & Fran-swah Pee-no (for next time) Great video as always. Arnault has been my favourite business man for a long while now.
I am pretty sure he paid his way getting into Ecole Polytechnic That degree makes you a demi God in France The way he carried out buying companies tells a story itself. Also the lady which is seen with him is a French reporter who is also seen interviewing lot of time none other than Emmanuel Macron I see a bigger picture here...
And as not so insignificant fact us that his business actually generates true earnings and he can take cash home without selling his stock to greedy investors and naive retail folk looking to strike rich
Hey bro, serious input, consider a new, close distance microphone. And maybe pop an addy before making a video. It sounds monotone which is a shame because you put effort into this video but many would click off due to the voice over
Let it be clear he already had 15 million dollar to start with, in 1984! Around 40mio today. Billionaires start out with a small fortune, turning it into a large fortune. Even 250.000 dollar is still a very big amount for most of us.
Simple Supply & Demand Equation 100 : 1 All the top 100 richest buy luxury goods from 1 dominant luxury goods provider to satisfy their discerning taste, reward themselves for job well done or show off their success As the Wealthy Population Grow So grows the Luxury Goods Provider
not even true. The reality is that both rich and poor people buy from luxury brand. Actually poor really love to buy some luxury like Gucci, Luis vuitton.. even if they are broke..
Best quote from Arnault; The luxury business generate luxury margins.
Well it’s a little different, lol. “Luxury goods are the only area in which it is possible to make luxury margins.”
Luxury business is not sustainable and his net worth will have shrunk considerable within 10 years after the great reset kicks in
Costing chinese and taiwanese prices, sold at italian and french prices.
and luxury marketing
@@microfarming8583 it will only sink if he doesn’t liquidate his shares in his luxury company so all this is easily avoidable.
Bernard Arnault = Math + Art
Unlike tech businesses that can loose value, his will only gain value with time. His brands are characterized by desirability and timelessness.
Bernard is actually grossly underrated.
well, clothes are like FMCG people in 1950's were wearing clothes people today are wearing clothes people in 2050 will be wearing clothes. But people in 1950's were using a different Phone people today are using a different phone, people in 2050 will be using a different phone. that's the difference between technology and FMCG goods.
I actually met and had a conversation with Arnault and Marc Jacobs in 2011 on his birthday. I was working security for the four seasons hotel in Washington DC, he held his party there and I was assigned to his security detail. Funny thing was I never really knew much about him or who he was at the time, very cool guy.
Bernard Arnault is a smart but vicious businessman. A real wolf
he was in building development which is in the business of acquiring a new plot of land, and building on it. I suppose he got used to the idea and went on acquiring businesses one after another.
Indeed. He assimilate people's money with class differentiation in very vicious way. Those brands provide influences to poison society for their profit.
@@insideinfo1556 most billionaires, politicians, and huge companies think people are like dogs that need to be managed. We are consumers to them. We just consume things.
I am pretty sure he paid his way getting into Ecole Polytechnic
That degree makes you a demi God in France
The way he carried out buying companies tells a story itself.
Also the lady which is seen with him is a French reporter who is also seen interviewing lot of time none other than Emmanuel Macron
I see a bigger picture here...
well in the end , the workers at LVMH get quite nice work conditions, he revived french craftmanship and made a point on only hiring qualified workers from sinistered places in France as long as they had the "know how" that was fading away (did the same with his american line, hired only true texan lether craftmen-women ), he created way more jobs than he destroyed , he funded Notre Dame rebuilding and got Macron to renounce his ridiculous idea to have it redisigned by a muslim architect ... he might be rough, but he's not completely cynical. HOnestly he saved France's luxury fashion production, from the seamstress to the designers. He's surely not my most hated billionaire. (the woudl be Bezos or Soros)
Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!
Is she on youtube, please how do I find her?
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Bernard and Warren are the only people in our modern society who is in the 10 top richest people in the world that is mostly non tech-related
Except that Warren's single biggest portfolio is on Apple at 41% i believe...
Tech is a bubble already.... And is overrated
40% of Buffet's portfolio is Apple...
@@jacobday3826 I'm aware of that
@@jacobday3826 that's why I said most
How did Bernard overtake the biggest tech tycoons? by not getting hit with a divorce settlement.
hahah facts
Sigma Male moments
He actually divorced his first wife
Lawsuit and envious family members 👪 destroy most of the wotld wealthiest entrepreneurs...
Or buying twitter
The Gucci acquisition sounds like a story right out of the Billions show.
It's always the broke people buying these tacky luxury brands as well, as people say Gucci is what poor people think rich people wear
Gucci is very popular amongst social media influencers and rappers, so lower income people aspire to buy more affordable pieces eg bags, purses, hata
yeah, i will never get that!
damn
Rich people usually don't care about that until they have to hang with other rich people to make deals... even then they dont really care.
as to how Bernard knew that the creative director of Gucci could walk away from his contract as long as 35% of shares are purchased, either you can do amazing research when you're rich, employment contracts are publicly accessible or word really gets around in those circles...
The fact that a non-essential product selling company can be at the top , sums it up on how people just run behind getting the classy status
People with out God equal ignorance and shallowness
It's called new money
It doesnt work that way.
Handbag market are estimate to be around 49.35billion dollar while food market is 11.7Trillion dollar.
The only different food market is distribute among many company around the world while this guy dominate the handbag market. He buy off many of his competition.
@@josefsaldivar9172 Yeah tell that to the Pope that sits on a golden throne lol
@@prumchhangsreng979bruh his companies are luxury fashion brands, mostly selling ridiculous price handbags which general public don't buy.
Even though I don't care much about fashion, he was a great businessman and quite a tough one as well.
Lol, i m trying to understand fashion industry but as some one who dont understand fashion, I always think "no one is buy a bag for $50k" but ppl actually do.
@@prakshijain6861 that's crazy
The gucci acquisition was quite interesting
Ah yes, it was quite a fight
Tiffany also nearly failed in Jan 2021, beautiful corporate battle
He doesn't own Gucci
Gucci is owned by kering not LVMH
@@mugishagabriel6074 he owns kering
He sells the idea of prestige. Especially in the social media world where everyone wants to look good and successful. They buy those stuff like LV.
*Top Richest People*
💲: Bernard Arnault
👽: Elon Musk
👴: Jeff Bezos
🤓: Bill Gates
🦎: Mark Zuckerberg
bernard arnault should be bag
Accurate !!!
Cringe
💻: Bill Gates*
😂: Jeff Bezos
It's very surprising how fast he grow his wealth.
I know right, I would’ve never expected a luxury company’s stock to grow so fast.
I've heard people compare luxury stocks to tech stocks in the way that they can both command higher P/E ratios than average market because they are considered to have particularly high potential. Though it might just be in France.
@@thomasmineo price to equity🤔
NOT REALLY. WITH A TON OF MONEY ITS EASY TO MAKE MORE MONEY.
@@toxicloner5694 hell no. Growing millions to billions is more difficult than growing thousands to millions. Arnault is very impressive, but envious people hate on his success because they're so poor they do their shopping at a garbage truck
Suddenly I want to quit my CS program and start a fashion brand
I mean he bought basically all his competitors that's how. Where are the antitrust laws?
Antitrust when LVMH, etc. buys 10 companies: kalm
Antitrust when microsoft, amazon, etc. buy 1 company: P A N I K
Luxury is a very competitive industry especially in Europe. In France LVMH is faced with Kering for example. In addition, the luxury industry is dominated by Luxury cars, so the fact LVMH doesn’t own a single car brand means their share on the luxury market is relatively small compared to other industry leaders (around 25%).
@@antoine1696 No way anyone views bags, clothing and perfumes in the same category as cars. Luxury cars are a different category all together.
Getting rich by making money from the rich seems like dream come true.
It's technically still making money from the poor because those rich people are buying luxuries, which are purely selfish, instead of helping poor communities, investing in social infrastructure, giving to charity and so on
Underrated comment! This is my #1 suggestion for how to become rich. Sell goods or services that rich people want. For example, boutique dog grooming.
@@athenaeum4030 its their money they can do whatever they want with it
@@athenaeum4030 its the government job to take care of its citizens not the rich
@@athenaeum4030 hypocrite
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Intelligent investors shouldn’t ignore expert Mr. Paul Jones. He says, how many millionaires or billionaires do you know who have become wealthy by investing in savings accounts? Obviously non has become rich by putting their wealth in savings accounts
That is true
The greatest glory in living lies not in never falling, but in rising every time we fall. That was Paul Jones told me the first time I contacted him.
Rich people plays the money game to win. Poor people plays the money to not lose. The goal of the truly rich people is to have massive wealth and the poor sees it as surplus opportunity for consumption instead of investing it. change your mindset and do what the rich does, which is investing, investing and investing..
It's not whether you're right or wrong that's important, but how much mon'ey you make when you're right and how much you lose when you're wrong. I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over.
I feel so excited tradlng with expert Paul Jones. He is a trade guru I have ever traded with
Well in regards to the long term business skills he is a masterclass manager. It is hard to make decisions when you have to make cuts or layoffs though, as well buy other companies, but overall it seemed that he was a super successful with his career.
Bill, mark, jeff etc. Deserve the money, they made something thats actually useful to many of us and innovate, this guy is basically getting charity from rich people and selling products that are purposefully overpriced, and the worst part is, the products are not even made *That* well
tl;dr he hasnt done something "useful" for humanity
That’s a fair point. He didn’t exactly invent anything.
Who you talking about?
@@webdev8284 Bernard arnadt
Bernard Arnault
Everyone knows everything made by the fashion industry is made by slaves (not actual slaves but they may as well be for how little they get paid)
Putin is richer secretly
Through corruption yes
@K P. bitcoin is the key sollution to everything
@@polso7 ya its just a correction😂
Xi Jiping has entered the chat
So is chinas "president"
the answer is simple...... sell a 10 cent bag for 10,000$
Find a LV bag which cost 10 cent to produce. Good luck.
and that's how he created people with poor body image and low self-esteem
If you don't have Bitcoin, consider it as being cheap. If you have, you know it's cheap.
Hi, I just put a message through, hope I get it to him. Thanks for sharing
Am gonna contact him right way.. these comments ain't bad, thank you so much for the awareness 👏🏻 👏🏻
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@Isabella Bryant I was depressed when I see my children suffer because of financial issues, so a friend introduce me to cryptocurrency trading and investment....
There are lots of investing options (real estate, stocks,gold silver, cryptocurrency, Airbnb,ETFS)
Cryptocurrency will take us to the Moon...
@@aaliyahkareh6318 I have had no luck investing in cryptocurrency , I actually invest on my own but my profit ain't always as I expect, sometimes I keep losing money 😥😥😥😥.
@@liamgaden2464 The most common mistake I see new investors make is rushing Into cryptocurrency without any guidance, why won't you lose.
@@aaliyahkareh6318 I agree but finding a professional for guidance ain't as easy as it sounds.
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What would be an interesting twist if someone like him owns % of manufacturing bootleg items under using the names.
Given how hard it is to stop fakes and how much money it brings in at times it's more than what the true brand makes, the smart move would be to find the factories and somehow own some % of them or at some level own a % of the sales. And keep it unknown then the same time when they try to stop the fakes they make money again regardless if it's not sold.
Probably few other ways to handle it, just have to be creative about it given no point in trying to fully stop it given never stop. Just like so called war on drugs good luck fully stopping it will never happen. Will all ways be someone willing to take the risk given how much they will get paid.
While these people spend money on things that holds no significance, the other half of the world is struggling to make ends meet. Its interesting the people themselves have given them this power.
Imagine building up an empire worth 200 million dollars, and then increase it by a factor of 1000!
isn't what made each of these companies unique is not being owned by the same person, seems like it's becoming luxotica which is the eye wear monopoly.
Thankyou for not wasting time and avoiding silly jokes !!
"How a leather seller beat The Great Elon Musk "
Meeting the Chinese consumers' demands 😁 is the secret
This segment will be the first to take a dump in a shifting economic landscape. Necessities such as utilities and tech would be more resilient.
I don't think he's any different from tech gurus, trying to make a monopoly!
His name is not "Bur Nerd Arnold" it is "Bear Naar Arno" In French the "d" from Bernard is silent, and the "lt" from Arnault is also silent
Thanks. Also felt my ears bleed hearing the man's French.
Also, "Hermés" is pronounced like "Ærmé" because H is silent and stress falls onto the last syllable.
As well as Henessy is pronounced "ænessí" - same thing applies
We can all agree French is an unnecessarily complicated language
@@giovannip8600 , nah, can't agree with that fully. I don't know a lick of French apart from a couple of phrases, but I don't find it complicated. But the spelling though...
On the flip side we have German with 99% straightforward spelling and pronunciation, but with grammar that's giving me nightmares.
@@UndecimeBeatitudo Yeah, I was referring to the spelling haha. Yeah, German is also complex, I prefer it over French though haha
@@UndecimeBeatitudo Hermès is actually pronounced Hermès, you're supposed to hear the S like in Serpent, but I often hear Hermiz, which is wrong.
Starting early is the best way getting ahead to build wealth, investing remains a priority the stock market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works.
Bitcoin has been huge news lately with many people investing in it and seeing a great return on their money.
I am a huge fan of crypto I hold a few coins in my wallet.
I recently bought bitcoin worth of $4,000 and I hope it increases within a short period of time.
@@godblessamerica6151 With this current dip, it will increase.
I certainly will profit alot at the end of this bull run bitcoin is having now, I invested $10k four months ago.
Good video, liked the easy to follow structure, at the same time it was not repetitive
Thank you Svein! Really glad to hear that!
By underpaying his staff duh. How many employees from the LVMH umbrella do you hear making good money and getting good benefits. It’s not like working at google.
@@billiecharms4767 no one's gonna fall for this bs
He is more of a ruthless corporate raider rather than a delicate fashion genius
i see no account how he squashed tech moguls?
You can’t eat any of this stuff…or use it to heat your home…etc. “Luxury” items are the first to go when the shit hits the fan…
Then should people be collecting 1980 spam? What's your point?
>>Investing in crypto now is very cool especially with the current rise in the market now
Yes you are right===
Thanks for introducing me to Mrs Caroline_-_------_--_-_
People are scared of investing because of the high rate of scam in the business
Mrs Caroline have changed my financial status for the best, All thanks to my uncle who introduced her to me
Who's this professional everyone is talking about I always see her post on top comment on every TH-cam videos I watched
I dont know but this guy basically saw the future. The future where you have the ultra rich buying anything with a logo on it.
This is the video that I have been looking for! Thanks TH-cam
As long as approval seeking is there... LV will flourish...
Great video about a great man, thank you!
Thanks for watching man!
What he did great?
Bro as much as bernault was a savage with Gucci. They would be probably be way better off with LVMH, they take wayyyy more care of their brands than kering
Yeah there were stories that indian companies who did their embroidery work didn't get paid
Just goes to show how marketing dominates... even in a low tech industry one can surpass them all
Basicly he beat Both Elon musk and Jeff bezos
I love these types of video. Great job @Logically answered
Thanks man!
awesome video!
Thank you Sanskar!
Atleast he had a head start
Mr Naziri is the best, recommending him to all beginners who wants to recover losses like I did
Trading with Mr Naziri was never a regret to me, All thanks to him, he is the best I have ever seen
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@@mikemills3419 How can one reach an expert in trading,cos I have lost alot of money trading with a wrong trader.
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He is not Louis Vuitton's CEO. That's Michael Burke. BA is LVMH's CEO and majority owner.
So, the lesson for business types is to not care one bit for your workers, to embrace your inner psychopath!
Gordon Gekko of Fashion industry
hi, what are you sources on this, this really interesting.
The way he was saying the French names like they were English names was erky, especially the 1st 2 minutes he kept saying Bernard.
It's Beh-nar Ar-no & Fran-swah Pee-no (for next time)
Great video as always. Arnault has been my favourite business man for a long while now.
Hahaha, thanks man
Atleast other people sell products of actual value
How he did it... was born from the right balls..... I just had to be born from the right balls and I would be rich too.... LOL
The actual richest people on this planet is not publicized 🙃
So he's almost half as rich as the entire company's net worth?
Not really, more like 100% of the company valorisation 🤷🏽♂️
Dunno what's causing his net worth to soar when revenue is down
See his oxford union interview. He says there that he invests in stocks like hell
very well!! end those tech greed
I'll greatly surpass them all.
Hell yeah me too..
No you will not. Not even if I take your family generation line back 3000 years.
" Bernard was curt golp "
no single human should be allowed to have so much money. another sign of the failing global system.
We cant go around stealing people resources.
Being covetous is not cool
Most of it is stock, their actual amount of money is so much lower.
@@ajax818 still. Why was it allowed to basically me monopolies multiple luxury goods segments?
@@savejeff15 ask the dumb people who buy dumb products for hefty money just by seeing hype and considering brand as royalty.
Stop being salty pal
Well dang, will i ever pass them, will i ever reach them
Is ok Elon ( being a leader is bad in this physical world ) 🤔🤔🤔🤔🤔
he shouldve been more ruthless when it came to aquiring gucci and other companies, shouldve finished the deal
The narrator has the most grating voice. "Bernard" can be replaced by the pronoun "he."
I am pretty sure he paid his way getting into Ecole Polytechnic
That degree makes you a demi God in France
The way he carried out buying companies tells a story itself.
Also the lady which is seen with him is a French reporter who is also seen interviewing lot of time none other than Emmanuel Macron
I see a bigger picture here...
And as not so insignificant fact us that his business actually generates true earnings and he can take cash home without selling his stock to greedy investors and naive retail folk looking to strike rich
Great video. But how many times are you gonna say Bernard. Lol like how many time bro
Hey bro, serious input, consider a new, close distance microphone. And maybe pop an addy before making a video. It sounds monotone which is a shame because you put effort into this video but many would click off due to the voice over
So why was De Sole so reluctant to sell to LVMH? He sold Gucci's shares to the Kerring group anyway.
I'm not sure he'd squash tech giants but I admire him
Wish I could do that and be that rich
What a brand!!
Let it be clear he already had 15 million dollar to start with, in 1984! Around 40mio today. Billionaires start out with a small fortune, turning it into a large fortune. Even 250.000 dollar is still a very big amount for most of us.
Did you really mispronounce his name that many times?
Elon now laughing with a $223bn networth
now laughs in $257bn networth
I respect the man!
What bgm are we running in the background?
SPAIN AMANCIO ORTEGA HAS BEEN THE RICHEST BILLIONAIRE BRIEFLY. HE IS ALSO A FASHION TYCOON
Me: American
**googles the president of France**
All that logic and formulation into a video but then a nerdy ass pronunciation of BERNERD the whole time :O
I like how you try to frame vicious and evil cutthroats into touching success stories. It's comedy in its own right.
Simple Supply & Demand Equation 100 : 1
All the top 100 richest buy luxury goods from 1 dominant luxury goods provider to satisfy their discerning taste, reward themselves for job well done or show off their success
As the Wealthy Population Grow
So grows the Luxury Goods Provider
not even true. The reality is that both rich and poor people buy from luxury brand. Actually poor really love to buy some luxury like Gucci, Luis vuitton.. even if they are broke..
A good businessman
what the hell happend to the dress on left at 3:45 ?
People are getting rich and negligent.
|📹 this video is very well explained, helpful, interesting and insightful. 💡
Muito obrigado for sharing 🤝
It's not they are getting richer, but inflation is bubbling their wealth. While rich wealth bubbles, poor will keep getting poorer.
they re only speculative richest persons in the world ... their stock is high but all can come down billions in minutes
BER-nard
BER-nard
BER-nard
Today Musk is valued at $223Billion with help of his SpaceX valuation that recently raised $755M.
WELL .. TET SI A NOT cometn doog qualit stuf is rara and expesiv ..but 4000 per a bag .. thet is bione mai logic
in pcae time yea it gos up in ...war nope .it spofs .it gone