Prada Is Reportedly Buying Versace for R29 Billion

The deal may also signal a ‘homecoming’ for a major Italian brand, unlike other Italian brands Gucci and Valentino, who have all been bought by overseas groups.
LVMH And Formula 1 Announce Historic 10-Year Global Partnership

Further details of the partnership will only be announced in early 2025, but it’s clear the two empires are very much in love.
Everything You Need to Know About The New Richest Man In The World (And His Possible Heir)

The SpaceX/Tesla/Twitter CEO has been relegated to second place, replaced by Bernard Arnault, a French businessman in charge of the world’s largest luxury-products company.
An Account On Twitter Made A Billionaire Sell His Private Plane

The Twitter account has made the effort to monitor the billionaire’s movements, as well as his flight data, which led him to make some changes.