12 'nepo babies' of big business helped by family connections
Synopsis by Business Insider Jan 07 23
The term "nepo baby" was coined for children of Hollywood royalty — but it's just as relevant to ...Read full article 
Business Insider: 12 'nepo babies' of big business helped by family connections
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| Last Updated | Jan 07 23 |
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LVMH's Arnault Has Hopes Xi Visit Will Smooth Paris-Beijing Trade Relations: Billionaire Bernard Arnault said he hopes a planned visit to France next month ...
bloomberg.com/news/articles/2024-04-18/arnault-says-he-hopes-tensions-with-china-on-luxury-quiet-down
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LVMH accounts for bigger share of French exports than agricultural sector: Luxury group’s goods worth €23.5bn heading abroad last year overtakes country’s entire ...
ft.com/content/b8e68d3c-94fc-4587-ad7a-2454f894b8f8
Arnault heirs join LVMH board, tightening family hold: Shareholders approved nominations of Alexandre, Frederic Arnault, joins older siblings
gulfnews.com/business/retail/arnault-heirs-join-lvmh-board-tightening-family-hold-1.1713439575148
Paramount shareholders are outraged by its merger plans: 'They're basically stealing the company'
qz.com/paramount-global-merger-skydance-media-investor-outrage-1851403539
George Conway Details ‘Oh, It’s Daddy’ Call To Ivanka That Exposed Trump’s Fears: It showed the then-president "was very, very concerned," said the conservative ...
huffpost.com/entry/george-conway-ivanka-trump-phone-call_n_6620d23ae4b0d6337658ca00
Redstone, Skydance strike tentative deal for Paramount stake, Bloomberg News reports
reut.rs/43NmHNe
Louis Vuitton boss Bernard Arnault tops 2024 Forbes Billionaires List, Taylor Swift makes debut
cnaluxury.channelnewsasia.com/people/billionaire-forbes-bernard-arnault-taylor-swift-244156
Quick Glance: Billionaires Profiting from AI 2024
- The AI gold rush has led to a plethora of new billionaires in the sector, as surging values for both public and private companies with ties to AI have skyrocketed.
- Over the past year, tech companies, both new and old, have seen massive share price increases, making the world's tech tycoons even richer and introducing over a dozen new AI billionaires into the Forbes World's Billionaires list.
- Nvidia cofounder and CEO Jensen Huang serves as the poster child for this boom. However, other companies like Super Micro Computer, Advanced Micro Devices, and Cloudflare also benefited from the trend. Privately owned AI companies have also gained momentum, with AI-centric startups alone raising nearly $50 billion in funding last year.
- Major tech giants like Microsoft, Amazon, and Alphabet have significantly contributed to financing private AI companies to compete in the AI race. However, it remains to be seen if and when the AI bubble will burst and funding could dry up.
Trump Wanted Ivanka to Replace Him on ‘The Apprentice,’ Book Says: He left the long-running NBC show in 2015 to run for president, but reportedly wanted to keep ...
thedailybeast.com/trump-wanted-ivanka-to-replace-him-on-the-apprentice-book-says
Why Four Paramount Directors—and Many Shareholders—Aren’t Sticking Around for a Deal
barrons.com/articles/paramount-redstone-skydance-merger-stock-b7e61293
Paid articlePaid Paramount-Skydance deal would give Shari Redstone over $2 billion in cash, WSJ reports
reut.rs/4cOtfPS
LVMH Revenue Falls 2% in Q1 as Luxury Slowdown Hits Champagne and Jewelry Sales: The LVMH Q1 2024 earnings are in: revenue fell 2% confirming luxury slowdown.
wwd.com/business-news/financial/lvmh-q1-2024-revenue-falls-2-percent-confirming-luxury-slowdown-1236316140/
Paramount, Skydance Deal Could Be 'Home Run' For Shari Redstone, Loss For Shareholders, Investor Warns -
benzinga.com/general/entertainment/24/04/38148539/paramount-skydance-deal-could-be-home-run-for-shari-redstone-loss-for-shareholders-investor
Paramount stock slumps on reports that Skydance merger would require company to raise new equity
cnbc.com/2024/04/04/paramount-stock-slumps-on-reports-of-equity-raise-for-merger.html
Paramount to enter into exclusive merger talks with Skydance, source says: Members of Paramount Global's board agreed on Wednesday to enter into exclusive merger ...
reuters.com/markets/deals/redstone-skydance-strike-tentative-deal-paramount-stake-bloomberg-reports-2024-04-03/
Six tips for budding centibillionaires (No 1: come from a very wealthy family): The world’s richest people started near the top. Where does that leave the rest ...
theguardian.com/commentisfree/2024/apr/06/centibillionaire-wealthy-family-richest-fintech
Meet the Trumps 2.0 – how the family enterprise may look a second time around: Experts say Trump may risk trading loyalty for competency as he marshals those ...
inews.co.uk/news/world/trumps-family-enterprise-second-time-2982740
Sony in talks with Apollo to team up on bid to buy Paramount: sources: Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount ...
nypost.com/2024/04/18/media/sony-in-talks-with-apollo-to-team-up-on-bid-to-buy-paramount-sources/
Louis Vuitton and Dior Lifted LVMH, But Other Luxury Names Will Suffer: Investors have seized on LVMH's performance as a sign of stability for the luxury ...
bloomberg.com/opinion/articles/2024-04-17/louis-vuitton-and-dior-lifted-lvmh-but-other-luxury-names-will-suffer
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This billionaire owns the world's most expensive and luxurious private jet worth over Rs 4000 Crore; and it’s not Elon Musk, Bernard Arnault or Mukesh Ambani
gqindia.com/content/this-billionaire-owns-the-worlds-most-expensive-and-luxurious-private-jet-worth-over-rs-4000-crore-and-its-not-elon-musk-bernard-arnault-or-mukesh-ambani
Handful Of Paramount Directors Leaving Amid Skydance Talks; CEO Bob Bakish Compensation Topped $31 Million In 2023
deadline.com/2024/04/paramount-directors-exit-board-amid-skydance-talks-1235882449/
The $100 Billion Club: These 14 People Have 12-Figure Fortunes: Bill Gates was the first centibillionaire in 1999. Then there were none until 2020 when Jeff ...
forbes.com/sites/chasewithorn/2024/04/02/the-100-billion-club-these-14-people-have-12-figure-fortunes/
Investors Call Skydance Deal for Paramount ‘Suboptimal’ and Warn of Lawsuits: As a deal for Skydance to buy Paramount looms, shareholders express concern that a ...
thewrap.com/paramount-skydance-deal-problems-investors-lawsuits/
Paramount Shareholder Says Skydance Media’s ‘Suboptimal’ Bid Would Be ‘Detrimental’ to Company Value
thewrap.com/paramount-shareholder-skydance-media-sub-optimal-bid-detrimental-to-companys-value/
Paramount, Shari Redstone face investor angst over possible Skydance deal: Shares of Paramount Global were down as much as 7% Wednesday as several directors are ...
latimes.com/entertainment-arts/business/story/2024-04-10/paramount-shari-redstone-face-investor-angst-over-likely-skydance-deal
After the Bell: Who wants to be a billionaire? The true value of the super-rich: Just to refresh your disgust, the super-rich are richer than ever and their ...
dailymaverick.co.za/article/2024-04-08-after-the-bell-who-wants-to-be-a-billionaire-the-true-value-of-the-super-rich/
Apollo Offered $27 Billion for Paramount Global but Bid Was Rebuffed: Apollo Global Management made a $27 billion offer to acquire all of Paramount Global but ...
variety.com/2024/biz/news/apollo-acquisition-offer-paramount-global-27-billion-1235959748/
Why Paramount Got a Stock Upgrade Amid Open Deal Questions: Why Paramount Global got a stock upgrade amid open Skydance Media deal questions.
hollywoodreporter.com/business/business-news/paramount-stock-upgrade-skydance-deal-questions-1235866377/
How to become a billionaire: a 10-point plan: Instead of worrying about whether you will be able to retire, why not just become a billionaire instead? Here is a ...
inews.co.uk/inews-lifestyle/how-to-become-a-billionaire-a-10-point-plan-2989172
Forbes list: Livia Voigt is the youngest billionaire in the world: She is just 19 years old and is therefore the youngest billionaire in the world: Livia Voigt ...
t-online.de/nachrichten/panorama/menschen-schicksale/id_100378036/forbes-liste-livia-voigt-ist-die-juengste-milliardaerin-der-welt.html
Forbes rich list members get $2trn richer — as Taylor Swift joins: Bernard Arnault, Elon Musk, Jeff Bezos and Mark Zuckerberg lead the billionaires ...
thetimes.co.uk/article/forbes-rich-list-2024-taylor-swift-jbcd9h5zd
Paid articlePaid LVMH’s Stephane Bianchi promoted in top management reshuffle: LVMH's group managing director Toni Belloni will step down, the company said on Thursday ...
reuters.com/business/retail-consumer/lvmhs-stephane-bianchi-promoted-top-management-reshuffle-2024-03-21/
Could Ivanka and Jared Kushner Pay Donald Trump's Legal Fees?: Time may be running out for former president's daughter and son-in-law to raise enough cash to ...
newsweek.com/could-ivanka-jared-kushner-pay-donald-trump-legal-fees-1881694
Melania Trump spent ‘all hours’ in her bathrobe as first lady, holing up in the White House residence, author says
mercurynews.com/2024/03/21/melania-trump-spent-all-hours-in-her-bathrobe-as-first-lady-holing-up-in-the-white-house-residence-author-says/
Quick Glance: Melania Trump Displays Elegant Shoes at Florida Primary Voting
- Melania Trump returned to the spotlight on Tuesday while accompanying her husband, the 2024 Republican presidential candidate Donald Trump, to cast ballots in the presidential preference primary in Palm Beach, Fla. She opted for fashionable footwear.
- Sporting a pair of Christian Louboutin So Kate pumps, a personal favorite, the former First Lady showcased various color variations over the years.
- Melania and Donald Trump walked together to vote at a polling station set up at the Morton and Barbara Mandel Recreation Center. Melania's stylish shoes were complemented by Donald Trump's classic black leather shoes.
- Introduced in the brand's fall 2013 collection, Christian Louboutin's So Kate pumps have become a popular choice among celebrities.
The Real Story Behind Melania’s “I Really Don’t Care” Jacket Is Truly Funnier Than Anyone Knew
slate.com/human-interest/2024/02/melania-trump-news-jacket-divorce-really-dont-care-do-u.html
Jeff Bezos dethrones Elon Musk to become the richest person on earth again: Jeff Bezos has reclaimed the title of the richest person on earth ...
cnn.com/2024/03/04/business/jeff-bezos-richest-man-on-earth/
Quick Glance: Bezos Overtakes Musk: Richest Man in the World
- Jeff Bezos has surpassed Elon Musk as the richest man in the world.
- His wealth of $200 billion exceeds Musk's and Arnault's.
- Bezos' fortune is primarily from Amazon and other investments.
- Musk faces a lawsuit from former Twitter executives over unpaid severance.
Rihanna, Mark Zuckerberg and Ivanka Trump among bevy of stars at Indian billionaire heir’s pre-wedding bash
cnn.com/2024/03/04/style/india-ambani-merchant-wedding-party/
Donald Trump seemingly ignores grandson in front of daughter Ivanka at UFC match: Donald Trump is getting called out online for failing to greet his grandson and ...
pagesix.com/2024/03/12/celebrity-news/donald-trump-seemingly-ignores-grandson-in-front-of-daughter-ivanka-at-ufc-match/
Ivanka Trump Speaks Out on Kate Middleton 'Speculation': Ivanka Trump said on Friday it is "disheartening to see the speculation" that has surrounded Kate ...
newsweek.com/ivanka-trump-kate-middleton-speculation-cancer-diagnosis-1882536
LVMH’s Arnault Rivals Bezos and Musk in Wealth—and in Media Influence: The French billionaire’s luxury conglomerate is in talks to add Paris Match magazine to ...
on.wsj.com/438FYso
Donald Trump sits cageside with daughter Ivanka at UFC 299 hours after Georgia campaign rally
nypost.com/2024/03/10/us-news/donald-trump-attends-ufc-299-with-ivanka-trump-dana-white-after-georgia-campaign-rally/
Mega hen party in India: Ivanka Trump and Mark Zuckerberg in glittering outfits: The son of the richest man in Asia is getting married, and many other very rich ...
spiegel.de/panorama/leute/polterabend-in-indien-ivanka-trump-und-mark-zuckerberg-in-glitzer-outfits-a-36429ed5-6452-4b73-a326-782cb748fdaa
Anant Ambani says the party was created by his mom and 'no one else': The lavish three-day celebration, which was attended by the likes of Mark Zuckerberg and ...
businessinsider.com/anant-ambani-mom-nita-worked-hours-months-pre-wedding-reliance-2024-3
Paid articlePaid First kids who didn't see eye to eye with their presidential dads: US presidents have occasionally faced criticism from their own children who disagreed with ...
businessinsider.com/presidents-children-who-didnt-agree-politics
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Ambani wedding: Rihanna and Ivanka Trump arrive for party thrown by Asia's richest man
news.sky.com/story/ambani-wedding-rihanna-and-ivanka-trump-arrive-for-party-thrown-by-asias-richest-man-13084341
Quick Glance: Anant Ambani's Love for Radhika Merchant
- Anant Ambani thanked his parents and talked about Radhika Merchant.
- During their pre-wedding festivities in Gujarat, Anant delivered a heartfelt speech for Radhika.
- He emphasized his gratitude towards his family, discussed his health issues, and his dedication to societal service.
- In conclusion, he mentioned Vantara and his passion for social initiatives.
Mega party in India - Mukesh Ambani: Rihanna, Trump and Zuckerberg celebrate with his family
stuttgarter-nachrichten.de/inhalt.megaparty-in-indien-mukesh-ambani-mit-seiner-familie-feiern-rihanna-trump-und-zuckerberg.607b5d4f-f615-44fa-ad52-214ebe63acb3.html
Quick Glance: Ambani Wedding: Lavish Celebration Raises Eyebrows
- The Ambani pre-wedding was a celebration of extravagance and luxury.
- Reportedly costing $120 million, the event included extravagant details.
- The celebration marks a return to conspicuous consumption, breaking away from the trend of discreet wealth.
- Despite growing inequality and warnings of consequences, the super-rich show no restraint.
Ivanka Trump and Karlie Kloss Attempt to Scuttle Rumors of a Rift: Sources told Page Six the sisters-in-law are just fine after tongues wagged over their lack of ...
thedailybeast.com/ivanka-trump-and-karlie-kloss-attempt-to-scuttle-rumors-of-a-rift
Melania Trump’s ‘I Don’t Care’ Jacket Was Message to Ivanka, Kate Rogers’ Book Says
thedailybeast.com/melania-trumps-i-dont-care-jacket-was-message-to-ivanka-kate-rogers-book-says
Quick Glance: Trump Triumphs in South Carolina Against Haley
- In the Republican primary in South Carolina on Saturday, Donald Trump emerged victorious by defeating former UN Ambassador Nikki Haley in her home state.
- Having secured victories in Iowa, New Hampshire, Nevada, and the US Virgin Islands, Trump has now conquered all pivotal contests for Republican delegates.
- The recent triumph of the ex-president is expected to heighten the pressure on Haley, who served as Trump's representative at the UN and as the governor of South Carolina from 2011 to 2017, to exit the race.
- The likelihood of a 2020 rematch between Trump and President Joe Biden is steadily increasing.
Mukesh Ambani: India's richest man throws an extravagant wedding shower: The son of Mukesh Ambani, India's richest man, will get married in July. As a foretaste ...
faz.net/aktuell/gesellschaft/mukesh-ambani-indiens-reichster-mann-laedt-zur-megaparty-19560593.html
Ivanka Trump's style has done a 180° since ditching Donald's campaign: Only time will tell if Ivanka Trump's reputation rebrand will be successful ...
businessinsider.com/ivanka-trumps-style-has-done-360-since-ditching-donalds-campaign-2024-3
Paid articlePaid 'I want a fighter': Donald Trump Jr. lobbying dad to pick one of these possible running mates
nypost.com/2024/03/23/us-news/donald-trump-jr-is-lobbying-trump-for-these-vp-candidates/
Ivanka Trump and Jared Kushner don't want to go back to the White House: Ivanka Trump and Jared Kushner once appeared alongside the newly elected US President ...
stern.de/politik/ausland/ivanka-trump-und-jared-kushner-wollen-nicht-zurueck-ins-weisse-haus-34487210.html
Ambani wedding: Zuckerberg, Bill Gates and Ivanka Trump among wedding guests at son of Asia’s richest man
independent.co.uk/asia/india/anant-ambani-radhika-merchant-wedding-date-guests-b2505199.html
Elon Musk's wealth down almost $40 billion this year — and it's only March: Tesla's sagging share price has put a big dent in Elon Musk's net wealth ...
businessinsider.com/elon-musk-wealth-down-40-billion-this-year-tesla-stock-slide-2024-3
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Anant Ambani wedding: Celebs, wealthy elite attend lavish billionaire festivities - National | Globalnews.ca
trib.al/xuu45Lv
Paramount Plus Struggles Leave Shari Redstone Exploring Sale: Shari Redstone inherited her father’s storied media empire and tried to take on Netflix ...
bloomberg.com/news/features/2024-02-16/paramount-plus-struggles-leave-shari-redstone-exploring-sale
Paid articlePaid Ivanka Trump, Mark Zuckerberg and Bill Gates mingle with global elites at $120M party for son of India's richest man
nypost.com/2024/03/02/entertainment/ivanka-trump-mark-zuckerberg-and-bill-gates-mingle-with-global-elites-at-120m-party-for-son-of-indias-richest-man/
Why Don Jr. and Eric Are in Trouble in the New Trump Ruling—and Ivanka Is Not: Neither son can hold a top role at any New York business for two years.
slate.com/news-and-politics/2024/02/trump-355-million-eric-don-ivanka-new-york-civil-fraud-case.html
Quick Glance: Trump's Limited Sneakers Sold Out
- Trump debuted his new shoe line at Sneaker Con in Philadelphia on Feb. 17, 2024.
- Only 1,000 pairs of the gold sneakers were available, labeled 'Super Limited'.
- At least 10 of the gold sneakers were randomly autographed by Trump, as per the website.
- In addition to the gold sneakers, the 'T - Red Wave' and 'POTUS 45' models were introduced at $199 each.
Karlie Kloss and Joshua Kushner buy the defunct ‘Life’ magazine and plan to republish it
english.elpais.com/people/2024-03-29/karlie-kloss-and-joshua-kushner-buy-the-defunct-life-magazine-and-plan-to-republish-it.html
Steve Jobs once asked LVMH boss Bernard Arnault for advice on opening Apple Stores when his peers thought it was ‘completely crazy’
fortune.com/2024/03/05/steve-jobs-bernard-arnault-advice/
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Trump musical about ex-wives, Stormy Daniels debuts in New York: A parody musical centered on former President Trump and some of the well-known women in his life ...
thehill.com/blogs/in-the-know/4477302-trump-musical-five-ex-wives-stormy-daniels-ivanka-melania-debuts-new-york/
LVMH’s Antoine Arnault Bought $19 Million Saint-Tropez Villa: Antoine Arnault purchased a property in late 2022 in an exclusive neighborhood in Saint-Tropez ...
bloomberg.com/news/articles/2024-02-15/lvmh-s-antoine-arnault-bought-19-million-saint-tropez-villa
Paid articlePaid Tiffany & Co. Ramps Up Production With New French Factory: Tiffany & Co. will take half the production capacity of Orest’s new Saint-Dié factory in France by ...
wwd.com/accessories-news/jewelry/tiffany-and-co-orest-production-increase-alexandre-arnault-1236252342/
25 percent price chance: The richest person in the world is betting on this stock
boerse-online.de/nachrichten/aktien/25-prozent-kurschance-auf-diese-aktie-setzt-der-reichste-mensch-der-welt--20350015.html
Ivanka Trump cited for spotty memory in fraud trial verdict by judge: Ivanka Trump testified in the NY civil fraud trial and claimed she had a tough time ...
businessinsider.com/ivanka-trump-memory-fraud-trial-verdict-judge-engoron-2024-2
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From Ivanka Trump To Kareena Kapoor Khan, Here's A Guide To Celebrity Dressing Ft. Manish Malhotra - Elle India
elle.in/celebrity-dressing-ft-manish-malhotra/
What's Next for Paramount? Shari Redstone Has a Preferred M&A Path: Will Shari Redstone have to break up the band? Or is a comeback on the horizon for Paramount ...
variety.com/2024/biz/news/paramount-global-shari-redstone-merger-acqusition-1235953236/
Did Apollo Lowball Paramount with an $11 Billion Offer for Its Studios?: The Wall Street Journal reports that Apollo Global Management offered $11 billion for ...
indiewire.com/news/business/apollo-lowball-offer-11-billion-dollars-paramount-studio-analysis-1234966254/
World’s Second Richest Man Elon Musk Earns Rs 3 Crore Every Hour, New Study Reveals
indiatimes.com/worth/news/worlds-second-richest-man-elon-musks-earns-rs-3-crore-every-hour-new-study-reveals-627609.html
Luxury feels the pinch as Louis Vuitton boss loses world’s richest spot and Gucci sees sales plunging
irishtimes.com/business/2024/03/22/luxury-feels-the-pinch-as-louis-vuitton-boss-loses-worlds-richest-spot-and-gucci-sees-sales-plunging/
Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
deadline.com/2024/03/paramount-stock-shari-redstone-apollo-offer-studio-1235864990/
Shari Redstone prefers rival deal to $11bn Apollo bid for Paramount studio: David Ellison’s Skydance is negotiating for a stake in holding company National ...
ft.com/content/95cf8b56-e822-4fc0-a12e-1e7ae15733fd
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From gold medals to wardrobes, Paris Olympics to spotlight French luxury: From the podium to athletes' wardrobes, French luxury goods giant LVMH is planning to ...
france24.com/en/live-news/20240213-paris-olympics-set-for-gold-medal-in-luxury-promotion
LVMH launches entertainment venture led by Arnault heir and US boss: The move comes as the fashion industry becomes increasingly linked to the entertainment ...
cnaluxury.channelnewsasia.com/obsessions/lvmh-antoine-arnault-entertainment-venture-243226
Paramount to lay off hundreds of staffers: The cuts come as Paramount's controlling shareholder Shari Redstone has been evaluating potential deals to sell or ...
latimes.com/entertainment-arts/business/story/2024-02-13/paramount-to-lay-off-800-staffers-in-cost-cutting-effort
Jeff Bezos And Bernard Arnault Lead Billionaires In Net Worth, But Their Journeys Could Not Be Anymore Di
benzinga.com/news/24/03/37768771/jeff-bezos-and-bernard-arnault-lead-billionaires-in-net-worth-but-their-journeys-could-not-be-anymor
LVMH Prize Semifinalists Talk Craftsmanship and Inclusivity: Jennifer Lawrence and Paris Jackson were among the celebrities at the Paris Fashion Week showroom ...
wwd.com/fashion-news/fashion-features/lvmh-prize-semifinalists-paris-fashion-week-showroom-1236233824/
Macron decorates world's richest man Arnault as Beyoncé, Musk look on: The French president honored the founder of the luxury goods giant LVMH with country's ...
lemonde.fr/en/france/article/2024/03/14/macron-decorates-world-s-richest-man-arnault-as-beyonce-musk-look-on_6618068_7.html
Paris Olympics go for luxury gold with medals designed by French jewellery house: Olympics medals designed by French luxury jewellery house Chaumet were unveiled ...
thestar.com.my/lifestyle/living/2024/02/21/paris-olympics-go-for-luxury-gold-with-medals-designed-by-french-jewellery-house
7 billionaires who could overtake Elon Musk as the richest person in the world: These ultra-wealthy have already made big gains in 2024, and the Tesla CEO's top ...
qz.com/elon-musk-jeff-bezos-bernard-arnault-bills-gates-worlds-1851210126
Paid articlePaid Donald Trump Musical Spotlights Melania, Ivanka and Stormy: "Five: The Parody Musical," a take on the Henry VIII play "Six," is set to debut off-Broadway on ...
newsweek.com/donald-trump-five-parody-musical-melania-ivanka-stormy-daniels-1871116
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