Bernard Arnault still continues to thrive in the luxury goods sector, noted Fortune. In spite of this major wealth accumulation among the ultra-rich, Oxfam actually highlights that global poverty ...
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Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writesOxfam estimates that 6% of the ultra-wealthy ... It wasn’t just Silicon Valley CEOs who showed their support. LVMH’s chief Bernard Arnault and his family were in attendance as well as India ...
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