unknown analyst
Tech upstarts like Musk, and the LVMH family, a luxury goods group next to them in terms of total wealth, are two completely different existences on the rich list. Arnault behind LVMH is naturally of the “old money” line, and even the epidemic has not shaken its position in the luxury industry. But whether it is Musk, Bezos or Zuckerberg, their personal wealth is linked to the stock price of the company. When the Fed released water, technology stocks soared, and their value doubled. Now that interest rates fluctuate, technology If the stock price shrinks, their net worth will also shrink, and they will fall from the top few rich list. For them, they should have become accustomed to it.
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