“Do you know who is the richest man in the world? A Frenchman, Bernard Arnault. That he is the owner of the luxury brands that they sell to the world’s rich”, declared the vice president Cristina Kirchner in its presentation at the Teatro Argentino de La Plata. The former president made a long-awaited speech for all her followers and mentioned the French billionaire, owner of the emporium Louis Vuitton Moët Hennessy (LVMH).
In the formal act, in which the Justicialista Nestor Kirchner School, Cristina Fernández de Kirchner continued her reference to Bernard Arnault and expressed: “He is the owner of Gucci, Christian Dior, Tiffanyof all luxury brands. This means a modification and a deepening of income concentration. Nothing good can come of it.” The vice president consciously avoided naming Louis Vuitton, a brand of which she is a fan, with accessories that accompany her in several of her public appearances.
In various photographs of her trips abroad, the leader of the Frente de Todos is seen carrying a bag or garment with the prestigious LV seal of the French brand that became an emporium: considered the strong man of LVMH, bernard arnault moved to Elon Musk in second place on the recognized list of international billionaires from Forbes Magazine. According to the specialized media, the Frenchman accumulated 211,000 million in US currency in 2022, leaving aside to the owner of Twitter, that I barely reach 180,000 million dollars.
As a visionary in the design of luxury clothing and accessories, the 74-year-old businessman, born in the French town of Roubaix, in April of this year increased his wealth to 238.700 million dollars. A notable difference with the rest of the billionaires, who last year assumed losses of up to 20 percent of their fortunes.
Probably, as the former president affirms, the concentration and deepening of the income of the president of LVMH is due to the fact that the rich from all over the world are consumers of his exclusive products and his luxurious brands. The use of a Louis Vuitton accessory marks a status that few people can access and is associated with personalities of the international jetset and the most relevant business world. Also various political figures.
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