The Hermès household exceeds Bernard Arnault within the 500 largest fortunes in France within the journal “Challenges” | EUROtoday

Draft on the prize record of the five hundred largest fortunes in France established by the journal Challengesin newsstands Thursday July 10. Bernard Arnault, founding father of the LVMH group, ceded first place to the Hermès household and the hundred descendants of Thierry Hermès (1801-1878), founding father of the luxurious group. Mr. Arnault and his household have occupied the primary row of this rating since 2017.

The fortune of the Hermès household, which holds 66.7 % of the shares of the luxurious group, is estimated at 163.4 billion euros (5 % greater than in 2024), whereas that of Bernard Arnault and his household, on the head of 48 % of the capital of LVMH, reached 116.7 billion euros (down 38.6 %), based on calculations of the financial data journal inventory market values.

The 2025 prize record displays the modifications underway within the luxurious business, whose progress has slowed since mid-2024. In 2024, Hermès surpassed his friends. Its internet revenue elevated by 6.8 %, recollects Challengeswhereas that of LVMH unscrewed by 17 %. As a end result, the world’s world primary, which generates almost 85 billion euros in gross sales, misplaced 25 % of its worth in a single 12 months, whereas the title Hermès (15.2 billion euros in turnover in 2024) earned greater than 2.5 %.

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