Lifestyle

LVMH’s Bernard Arnault isn’t the only billionaire to have dropped a fortune – 5 Chinese tycoons who also lost billions thanks to Covid-19




At this volatile time, with the world wracked by the Covid-19 pandemic, some of the world’s wealthiest men and women are losing billions. As they say on Project Runway, one day you’re in, and one day you are out.CEO of luxury brand LVMH, Bernard Arnault, is one example. His net worth has plunged by US$30 billion, dethroning him after his only-recent crowning as the world’s richest man and dropping him back to third.Arnault is not alone. In recent times, several Chinese billionaires – from a…



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