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Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks

By Yahoo! Finance   |   Sep 25, 2024 at 10:03 PM EST
Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks

LVMH shares rose 4% as China's stimulus measures boosted sales. Bernard Arnault, LVMH chairman, gained $6.2 billion in net worth. China's economic struggles impact luxury goods sales, with 20% of LVMH sales coming from China.

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