Wondering Who Rules Luxury Market?
It is a reality on the ground that the modern world has been occupied with uncountable and impeccable pieces of luxury goods, there is literally no second thought over the fact that people these days are overwhelmingly indulged in purchasing luxury cars, waterfall fountains, or 3D paintings for the sake of pleasure either from amazon stores or from any other outlets. It all is breathtaking art indeed. In fact over the past recent years, the luxury goods market has emerged as the most profitable market in the world.
So have you ever pondered who actually owns this market or who possesses the highest market share in this industry? The correct answer would be Bernard Jean Étienne Arnault. He is the King of this market at the moment even he is the third-richest man in the world. He is known for his civility towards arts collection as well. He is substantially owing to the most profitable market right now. He is a French investor, businessman, and art collector. He is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury goods company.[
Bernard Jean Étienne Arnault was born on 5 March 1949, in Roubaix, France. Arnault was educated at the Lycée Maxence Van Der Meersch in Roubaix, and the Lycée Faidherbe in Lille.Even in 1971, he graduated from the École Polytechnique, France’s leading engineering school, and began work for his father’s company.
COMPANY AND FACTS
In 1971 he took control of his father’s construction firm Ferret-Savinel. Eight years LATERS he changed the company’s name to Férinel Inc. and shifted its focus to real estate. He has been known to build the Fondation Louis Vuitton (2014), a contemporary art museum in the Bois de Boulogne, Paris, designed by Canadian American architect Frank Gehry. Arnault was known in Europe as the man who revitalized French couture in 1995 by appointing British fashion designer John Galliano to replace the venerable Hubert de Givenchy at the latter’s Paris fashion house.
He believes in not investing in one particular area for the sake of raising one’s income or assets rather he firmly believes that one can double his assets by investing in multiple domains. This is why he has himself invested in multiple platforms such as art collection which is itself a million dollars revenue-generating industry even it offers a substantial amount of profits annually. Similarly, he believes in deviating investment towards real estate too. He is a mega investor when it comes to the fashion industry as well. He is a man, living a conceit life with a net worth of $174 billion. He is exemplary to many living souls indeed. Even it would not be a dismay to profess that this man is a true connoisseur of business.
Most Expensive Divorces In the World
It is way too overwhelming when two love birds split and when they no longer wanna be with one another or feel melancholy towards each other. Such a genuine pain or dull despair can only be cured by a separation or a divorce. However, when such contracts of divorce take place, they tend to involve a roller coaster of emotions as well as some monetary transactions. Not only monetary but some financial or physical assets also tend to split among both parties. So let us dig into the world’s most expensive couple splits or divorces.
1. Jeff and MacKenzie Bezos
Cost: $68 Billion
Jeff and MacKenzie Bezos take the top spot of most expensive divorces.
The richest man in the world, Amazon CEO, Jeff Bezos, is now worth an estimated $137 billion. They live in one of nine states in America where residents are entitled to a 50/50 split of all marital assets.
2. Alec Wildenstein and Jocelyn Wildenstein
Cost: $3.8 Billion
French-American businessman and art dealer Alec Wildenstein divorced his wife Jocelyn Wildenstein in 1999.
Together for 21 years, the couple didn’t see eye to eye anymore and decided to call it a day. Jocelyn received $2.5 billion upfront and then a further $100 million every year for 13 years.
3. Rupert Murdoch and Anna Torv
Cost: $1.7 Billion
After 31 years of marriage, Media mogul Rupert Murdoch and wife Maria Torv divorced in 1999.
The couple agreed to an amicable separation but did not give much away to the media in terms of details.
But, a couple of weeks after the divorce was finalized, Rupert married again, this time to Wendi Deng, who is 38 years younger than him. Talk about moving on!
4. Bernie Ecclestone and Slavica Radić
Cost: $1.2 Billion
Tipping the $1 billion mark, was Bernie Ecclestone’s divorce from Slavica Radić in 2009. This was at the time said to be the most expensive divorce ever!
5. Harold Hamm and Sue Ann Arnall
Cost: $975 Million
2012 saw the divorce of CEO Harold Hamm and wife Sue Ann Hamm after twenty-four years of marriage.
The successful Oil Magnate handed over a whopping $974.8 million cheque to settle the divorce. At the time, that was roughly 5% of his total net worth.
6. Adnan and Soraya Khashoggi
Cost: $874 Million
Saudi Arabian billionaire, Adnan Khashoggi was one of the richest men in the world.
But in 1982, he ended up paying his ex-wife a divorce settlement of $874 million.
7. Steven and Elaine Wynn
Cost: $741 Million
Casino Mogul Steve Wynn filed for divorce from his wife Elaine in 2010. He had to pay an estimated $741 million to please the courts.
This is actually the couple’s second divorce, as they were married before from 1963 – 1986.
8. Dmitry Rybolovlev and Elena Rybolovlev
Cost: $604 Million
Calling it quits after 26 years, Dmitry and Elena Rybolovlev ended their marriage in 2008.
Several years later, courts ordered Dmitry to pay his ex-wife a sum of $4.8 billion.
9. Craig and Wendy McCaw
Cost: $460 Million
Cellular and Clearwire Corp founder, Craig McCaw, separated from Wendy McCaw in 1998.
10. Mel Gibson and Robyn Moore
Cost: $425 Million
Getting close to a half a-million dollars, Mel and Robyn Gibson’s divorce is one of the most expensive divorces in history.
After 26 years together, the couple finalized their divorce in 2011
Most Expensive Dogs in the World
Are you a dog lover? then this article would be a delight to you. This is true that dogs are man’s best friend and are considered to be the most loyal animal among all. However, somedays buying this cutie-pie may cost one’s a fortune since they can be exceptionally expensive to purchase. So let’s read about the world’s expensive dogs.
1. Samoyed – $14,000
It’s easily identifiable by its beautiful thick, white, double-layer coat. Originally it is a large herding dog from Siberia and lives between 12-13 years on average
2. Löwchen – $12,000
They’re often referred to as “little lions” and are extremely rare.
3. Chow Chow – $11,000
They’re one of the oldest dog breeds in China and incredibly rare. They have a Lion like a teddy bear appearance and a unique black tongue. Despite their dangerous reputation, they’re famous for their loyalty towards their owners.
4. Tibetan Mastiff – $10,000
Its original purpose was to protect sheep from predators, like wolves, leopards, and bears. Its size alone is enough to intimidate even the hungriest of predators.
Males can reach heights of up to 33″. The original Tibetan mastiff usually weighed 55–90 kg.
5. Azawakh – $9,500
The Azawakh is yet another sighthound on our list, but this one is from West Africa instead of England
Identifiable by its slender body and striking almond eyes, the Azawakh is one of the priciest breeds on our list.
Azawakas have a lifespan of around 10-12 years, weigh roughly 15-25 kg and stand about 25–29″ tall.
6. Rottweiler – $9,000
With an average lifespan of 8-10 years, a weight of 50-60 kg, and reaching heights of 24–27″, it would be easy to judge a book by its cover and label the Rottweiler as an aggressive monster.
However, the Rottweiler is a great family pet due to its loyalty, obedience, and overall good nature.
7. Canadian Eskimo Dog – $8,750
The Canadian Eskimo Dog is one of the oldest and rarest working dogs from the Arctic and was brought from Siberia to North America by the Thule people over 1,000 years ago.
Their number began to diminish toward the end of the 1960s due to the increasing popularity of snowmobiles and the spread of infectious canine diseases.
8. Dogo Argentino – $8,000
It was first bred in 1928, from the Cordoba Fighting Dog along with other breeds like the Great Dane.
The dogs have a large white muscular body, with a short coat and a deep-set thick chest. They make for a good family pet despite their domineering appearance but need to have regular exercise.
The world’s most expensive countries to live in
It has always been incredibly overwhelming to have an articulate, impeccable lifestyle. In the recent era of social media, luxuries or glamour is what everyone talks or posts about. Similarly, there are some countries that tend to give one a sophisticated lifestyle even a fairytale life. However, these countries are way too costly to live even for a month. In fact, some of these countries living cost per month is equivalent to someone’s annual income. Veraciously speaking western European countries are relatively more expensive than eastern European countries. So storiesia has estimated some of the cost of living in these countries for you so let’s dig in!
Switzerland has numerous beautiful cities to live in, like its capital, Bern, and its largest city, Zurich. Bern has approximately 133,000 people living there and accommodation for a month in Bern, for one person, will cost in the region of $1,366, or $86 a night in an Airbnb. A meal out will cost you approximately $15-$20, with an additional beer costing around $6.00 and coffee costing around $5.00 a cup.
It’s only the 171st most densely populated country on earth, with roughly 14 people for every square kilometer.
Rent is expensive in Norway’s capital, so renting a one-bedroom studio apartment in Oslo, will set you back around $1,193 a month, or $85 a night in an Airbnb.
Staying in Iceland will cost you approximately $1,236 a month for a one-bedroom studio apartment in the capital city of Reykjavik, or $128 a night in an Airbnb.
Whilst you’re there, eating out will cost you around $12 for a basic meal, $8 for a beer and $2.15 for a cup of coffee.
Tokyo is the Japans Capital City and the largest city in Japan with an approximated population of 37 million people.
To rent a one-bedroom studio apartment in Tokyo, you’re looking at spending in the region of $1,370 a month, or $111 a night in an Airbnb.
Eating out varies in price, but as an average for one person, you should be looking at spending around $15.00 for a basic meal and around $6.00 for a beer.
It is known as one of the happiest places to live on earth
For a one-bedroom studio apartment, you’re looking at $1,917 a month, or $96 a night in an Airbnb.
Eating out will cost you approximately $18 per person and beers and coffee are anyway between $5.50-$6.50 a pop!
6. The Bahamas
If you’re thinking about visiting the Bahamas, then you should budget approximately $950 a month for a one-bedroom studio apartment in the city, or $149 a night for an Airbnb.
You’ll need to take at least $50-$100 with you when you go out for a meal and some drinks, as a basic meal costs around $15-$20, and a beer will cost you around $2.50.
Coffee is a little on the expensive side, at around $5 each.
Luxembourg seems like it’s slightly more expensive than the Bahamas when it comes to luxuries like beer and coffee, as one beer will cost you around $9 and coffee will set you back $6.
Eating a basic meal out will cost between $17-$25 for one person depending on what you order. you can expect to pay around $1,322 per month for a one-bedroom studio apartment, or $80 a night in an Airbnb.
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