LVMH Moët Hennessy Louis Vuitton SE is a publicly owned French multinational corporation founded in 1987. Its primary business is the retail of luxury goods and jewelry. As of a recent count, the company employs approximately 139,280 people. Its headquarters are located in France.
On an unspecified date, Bernard Arnault, chairman and CEO, publicly challenged a proposed wealth tax, criticizing the economist behind the proposal. On September 21, Arnault again attacked a proposed 2% tax on billionaires, characterizing it as harmful to the French economy and referring to the plan's architect as a far-left ideologue. Arnault's criticisms of the proposed tax, targeting assets over €100 million, were reiterated in multiple statements. He views the levy as a threat to the French economy. A poll revealed 86% support for the tax.
Subscribe for full access to LVMH's products in full detail
Subscribe for full access to LVMH's revenue in full detail
Subscribe for full access to LVMH's products in full detail 
