{"id":24038,"date":"2026-04-02T11:44:01","date_gmt":"2026-04-02T11:44:01","guid":{"rendered":"https:\/\/businessprofittoday.com\/index.php\/2026\/04\/02\/bernard-arnault-loses-52b-as-lvmh-stock-price-implodes\/"},"modified":"2026-04-02T11:44:01","modified_gmt":"2026-04-02T11:44:01","slug":"bernard-arnault-loses-52b-as-lvmh-stock-price-implodes","status":"publish","type":"post","link":"https:\/\/businessprofittoday.com\/index.php\/2026\/04\/02\/bernard-arnault-loses-52b-as-lvmh-stock-price-implodes\/","title":{"rendered":"Bernard Arnault loses $52B as LVMH stock price implodes"},"content":{"rendered":"<div><\/div>\n<p>Bernard Arnault\u2019s net worth is cratering this year as the LVMH stock price implodes. <\/p>\n<p>It has already dropped by over $52 billion to the current $156 billion, making him the 7th richest person on earth after Elon Musk, Larry Page, Sergey Brin, Jeff Bezos, Mark Zuckerberg, and Larry Ellison.<\/p>\n<h2 class=\"wp-block-heading\">LVMH stock price has slumped amid luxury sales slump<\/h2>\n<p>The ongoing retreat in Arnault\u2019s net worth is happening as shares of his company has dropped from \u20ac653 in January last year to \u20ac463 today.&nbsp;<\/p>\n<p>This retreat has brought its market capitalization from over \u20ac350 billion to -\u20ac232 billion today. <\/p>\n<p>According to Bloomberg, Arnault controls about half of the company.<\/p>\n<p>His net worth today is much lower than the all-time high of $230billion, which he achieved in 2024 when he briefly became the richest person on earth.<\/p>\n<p>The LVMH stock price has slumped amid the ongoing fears that its business will continue slowing in key markets. <\/p>\n<p>China, a crucial market, continues to slow this year, a trend that may continue for a while.<\/p>\n<p>Most recently, there are concerns that the ongoing <a href=\"https:\/\/invezz.com\/news\/2026\/04\/02\/extended-iran-engagement-drives-crude-oil-prices-experts-warn-of-volatility\/\">US-Iran war<\/a> will have an impact on its booming Middle East business. <\/p>\n<p>Iran has constantly attacked its neighbours, like Saudi Arabia and the United Arab Emirates, leading to a collapse in tourism in the region.<\/p>\n<p>At the same time, the important wines and spirits business continues to struggle as demand for alcoholic beverages wanes. <\/p>\n<p>In particular, customers are no longer buying Hennessy Cognac as they did in the past. The company was also affected by Donald Trump&#8217;s tariffs.<\/p>\n<p>The most recent results showed that LVMH\u2019s annual revenue dropped by 1% last year to \u20ac80.8 billion, while its profit fell by 9% to over \u20ac17.8 billion.&nbsp;<\/p>\n<p>LVMH\u2019s wine business brought in \u20ac5.86 billion in revenue last year, down by 9% from a year earlier. <\/p>\n<p>The fashion and leather goods business made \u20ac41 billion, also down by 8%, while the perfumes and cosmetics and watches &amp; jewellery made \u20ac8.4 billion and \u20ac10.4 billion. <\/p>\n<p>The selective retailing, which includes its Tiffany business, made \u20ac18 billion.<\/p>\n<p>Analysts and investors will focus on the company\u2019s earnings, which will come out on April 12. <\/p>\n<p>Analysts expect the results to show that its business weakened in the first quarter amid disruptions in the Middle East.<\/p>\n<p>Other luxury brand stocks have underperformed the market this year. <\/p>\n<p>Hermes&#8217; stock has slumped by 45% from its highest point in April last year and is hovering at its lowest level since October 2023.<\/p>\n<p>Similarly, Kering, the parent company of Gucci, was trading at \u20ac254, down by 62% from its all-time high. Other companies like Burberry and Kering have all slumped.<\/p>\n<h2 class=\"wp-block-heading\">LVMH share price technical analysis&nbsp;<\/h2>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p><em>LVMH stock chart | Source: <\/em><a href=\"https:\/\/www.tradingview.com\/symbols\/EURONEXT-MC\/\"><em>TradingView<\/em><\/a><\/p>\n<p>Technicals suggest that the LVMH stock price may continue falling in the near term. <\/p>\n<p>It has already plunged from a high of 857 euros in May 2023 to the current 467 euros.<\/p>\n<p>The stock has remained below all moving averages on the three-day chart. <\/p>\n<p>It also moved below the Major S&amp;R pivot point of the Murrey Math Lines tool at 500 euros.<\/p>\n<p>LVMH has moved below all moving averages and is now along the lower side of the Bollinger Bands tool. <\/p>\n<p>Therefore, the stock will likely continue falling as sellers target the Strong, Pivot, and Reverse levels of the Murrey Math Lines at 375 euros.\u00a0<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/04\/02\/bernard-arnault-loses-52-billion-as-the-lvmh-stock-price-implodes\/\">Bernard Arnault loses $52B as LVMH stock price implodes<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bernard Arnault\u2019s net worth is cratering this year as the LVMH stock price implodes. It&hellip;<\/p>\n","protected":false},"author":1,"featured_media":24039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-24038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/posts\/24038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=24038"}],"version-history":[{"count":0,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/posts\/24038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/media\/24039"}],"wp:attachment":[{"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=24038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=24038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessprofittoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=24038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}