Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.

Bernard Arnault, billionaire chairman and CEO of global luxury goods company LVMH; such as Louis Vuitton. Posted: January 21, 2025 | Last updated: January 21, 2025

Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.

Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.

Explore how tech billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg shaped the narrative at Donald Trump’s second inauguration.

Global stock markets rallied this week amid Trump’s actions following his inauguration on Monday. European markets repeatedly hit new highs despite tariff threats, while the euro rebounded against the dollar.

DAVOS (Switzerland) - World Economic Forum annual meeting PICTURE. VIDEO. (To 24) DAVOS (Switzerland) - Special address at World Economic Forum by US President Donald Trump, via videoconference (1600 GMT) JERUSALEM - Truce in Israel-Hamas war VIDEO. LIVE VIDEO. PICTURE. (To March 20)

Here is the list of the billionaires you wanted to know along with the universities that helped them to become what they are today!

WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. Photo by Julia Demaree Nikhinson – Pool/Getty Images.