BUSINESS | France’s Bernard Arnault Is World’s Second – Richest Person

Jeddah, Saudi Arabia - Bernard Arnault is now the world’s second-richest person, according to Forbes’ calculations. The luxury good titan behind such brands as Louis Vuitton and Moet & Chanddon is worth $103.2 billion in March when Forbes published their annual billionaire rankings. At the time he was the fourth-richest person on the planet. His … Continue reading BUSINESS | France’s Bernard Arnault Is World’s Second – Richest Person

BUSINESS | Amazon Founder Bezos’ Divorce Final With $38 Billion Settlement

Riyadh, Saudi Arabia – Amazon.com Inc founder Jeff Bezos’ divorce  from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported. In April, Amazon, the world’s biggest online retailer, said in a filing than 4% of its … Continue reading BUSINESS | Amazon Founder Bezos’ Divorce Final With $38 Billion Settlement