A high-profile fashion event in Barcelona’s iconic Park Guell turned into a scene of chaos and violence as police clashed with protestors who had gathered to voice their opposition to the use of the public space for a private show.
The Louis Vuitton Cruise 2025 collection launch, attended by a star-studded guest list that included Sophie Turner, Ana de Armas and Emma Stone, was the target of days of protests by locals who accused the organizers of “privatizing” the historic park. As the fashion elite gathered inside, baton-wielding police officers faced off against hundreds of demonstrators outside in a confrontation that quickly escalated.
Footage from the scene showed protestors being beaten by the police while some in the crowd retaliated by throwing projectiles. The protests included a parody fashion show, with demonstrators strutting down a makeshift catwalk in the street, one wearing a black coat emblazoned with the slogan “Acab...
The Louis Vuitton Cruise 2025 collection launch, attended by a star-studded guest list that included Sophie Turner, Ana de Armas and Emma Stone, was the target of days of protests by locals who accused the organizers of “privatizing” the historic park. As the fashion elite gathered inside, baton-wielding police officers faced off against hundreds of demonstrators outside in a confrontation that quickly escalated.
Footage from the scene showed protestors being beaten by the police while some in the crowd retaliated by throwing projectiles. The protests included a parody fashion show, with demonstrators strutting down a makeshift catwalk in the street, one wearing a black coat emblazoned with the slogan “Acab...
- 5/25/2024
- by Baila Eve Zisman
- Uinterview
Exclusive: There’s a group-wide rebrand afoot at Fl Entertainment, the parent of Big Brother firm Banijay.
Euronext Amsterdam-listed Fl will now be known as Banijay Group, with three Banijay-branded subsidiaries sitting underneath. Banijay Entertainment (formerly Banijay) will house the content production and distribution business under CEO Marco Bassetti.
Banijay Live is the new moniker for live experiences business Banijay Events, and Banijay Gaming is the new name for the company’s online sports betting and gaming activities, housing Betclic and Bet at Home.
From a reporting standpoint, Banijay Entertainment and Banijay Live will be housed together under Bassetti, with Nicolas Béraud running Banijay Gaming as CEO.
Like the existing Banijay TV group, Banijay Entertainment will comprise more than 130 production companies across 21 territories. Producers in the group include Bunim/Murray, the Endemol Shine- and Nordisk-branded labels, Grøenlandia, Initial, Kudos, Mastiff, Remarkable and Stephen David Entertainment and Banijay Rights is the distributor,...
Euronext Amsterdam-listed Fl will now be known as Banijay Group, with three Banijay-branded subsidiaries sitting underneath. Banijay Entertainment (formerly Banijay) will house the content production and distribution business under CEO Marco Bassetti.
Banijay Live is the new moniker for live experiences business Banijay Events, and Banijay Gaming is the new name for the company’s online sports betting and gaming activities, housing Betclic and Bet at Home.
From a reporting standpoint, Banijay Entertainment and Banijay Live will be housed together under Bassetti, with Nicolas Béraud running Banijay Gaming as CEO.
Like the existing Banijay TV group, Banijay Entertainment will comprise more than 130 production companies across 21 territories. Producers in the group include Bunim/Murray, the Endemol Shine- and Nordisk-branded labels, Grøenlandia, Initial, Kudos, Mastiff, Remarkable and Stephen David Entertainment and Banijay Rights is the distributor,...
- 5/15/2024
- by Jesse Whittock
- Deadline Film + TV
Wes Ball is adding another installment to the popular Planet of the Apes franchise starring Owen Teague in the lead alongside Lydia Peckham, and Freya Allan. Kevin Durand plays the main villain in the narrative, Proximus Caesar, and the actor recently revealed that he was partly inspired by one of the richest men in the world.
Kevin Durand’s Proximus Caesar in Kingdom of the Planet of the Apes
Elon Musk who currently stands as the second richest man in the world after Lvmh chairman, Bernard Arnault, has inspired several characters in movies and shows. Musk who is undoubtedly one of the most popular among all the billionaires, also appeared in several cinematic projects including his The Big Bang Theory appearance and of course, in Robert Downey Jr.’s Iron Man 2.
Kingdom of the Planet of the Apes Villain Actor Revealed His Inspiration
Kevin Durand. Credit: HeyUGuys/Yt
Kevin...
Kevin Durand’s Proximus Caesar in Kingdom of the Planet of the Apes
Elon Musk who currently stands as the second richest man in the world after Lvmh chairman, Bernard Arnault, has inspired several characters in movies and shows. Musk who is undoubtedly one of the most popular among all the billionaires, also appeared in several cinematic projects including his The Big Bang Theory appearance and of course, in Robert Downey Jr.’s Iron Man 2.
Kingdom of the Planet of the Apes Villain Actor Revealed His Inspiration
Kevin Durand. Credit: HeyUGuys/Yt
Kevin...
- 5/10/2024
- by Lachit Roy
- FandomWire
There was a time when people thought about Amazon, Jeff Bezos would come to mind. And when they thought about Tesla, Elon Musk would. Nowadays, you might just think of them as two of the richest men on the planet. But how rich are they?
Here’s the answer to which billionaire has the higher net worth. Plus, who the “richest person in the world” is today (it’s not Musk or Bezos).
Elon Musk’s net worth
Musk was born on June 28, 1971, in Pretoria, South Africa.
In 1992, he moved to America and attended the University of Pennsylvania in Philadelphia. Musk earned two degrees from the Ivy League school — a Bachelor of Arts in physics and a Bachelor of Science in economics.
Elon Musk attends the 10th Annual Breakthrough Prize Ceremony in Los Angeles | Kevin Winter/Getty Images
His first company was Zip2 Corporation, which has been described as an...
Here’s the answer to which billionaire has the higher net worth. Plus, who the “richest person in the world” is today (it’s not Musk or Bezos).
Elon Musk’s net worth
Musk was born on June 28, 1971, in Pretoria, South Africa.
In 1992, he moved to America and attended the University of Pennsylvania in Philadelphia. Musk earned two degrees from the Ivy League school — a Bachelor of Arts in physics and a Bachelor of Science in economics.
Elon Musk attends the 10th Annual Breakthrough Prize Ceremony in Los Angeles | Kevin Winter/Getty Images
His first company was Zip2 Corporation, which has been described as an...
- 4/15/2024
- by Michelle Kapusta
- Showbiz Cheat Sheet
The French luxury giant Lvmh has announced the appointment of Michael Burke as president and CEO of Lvmh’s Fashion Group, overseeing all of the conglomerate’s fashion houses: Celine, Givenchy, Kenzo, Loewe, Marc Jacobs, Patou, Emilio Pucci and Christian Dior. Burke succeeds Sidney Toledano, who is now appointed personal advisor to CEO Bernard Arnault and leaves the group’s executive committee. The changes will take effect Feb. 1, 2024.
“Sidney Toledano is an exceptional leader who has been at my side for many years, first at Dior and then at Lvmh Fashion Group,” Arnault said. “During more than 30 years of a close and beneficial collaboration, he has identified and fostered many creative talents who are now among the world’s most recognized designers. With his unique strategic vision, he has played a key role in making Dior one of the world’s most prestigious maisons. As head of Lvmh fashion group,...
“Sidney Toledano is an exceptional leader who has been at my side for many years, first at Dior and then at Lvmh Fashion Group,” Arnault said. “During more than 30 years of a close and beneficial collaboration, he has identified and fostered many creative talents who are now among the world’s most recognized designers. With his unique strategic vision, he has played a key role in making Dior one of the world’s most prestigious maisons. As head of Lvmh fashion group,...
- 1/20/2024
- by Pino Gagliardi
- The Hollywood Reporter - Movie News
The world may see its first-ever trillionaire within the next 10 years, the anti-poverty group Oxfam said in a report published on Monday, reflecting the increasingly large wealth divide between the few of the world’s richest people and the rest of the population below them.
Oxfam’s report, titled Inequality Inc., paints a bleak picture of a dynamic between the world’s elite and impoverished that has only grown worse since the pandemic started in 2020. Since then, the wealth of the world’s five richest men — Tesla CEO Elon Musk,...
Oxfam’s report, titled Inequality Inc., paints a bleak picture of a dynamic between the world’s elite and impoverished that has only grown worse since the pandemic started in 2020. Since then, the wealth of the world’s five richest men — Tesla CEO Elon Musk,...
- 1/15/2024
- by Ethan Millman
- Rollingstone.com
Kanye West put himself alongside Hitler and Jesus Christ, and proclaimed he was on his “Farrakhan Don shit” in an unsettling, yet characteristic brain dump live-streamed during his Vultures album event in Las Vegas last night.
Video of the diatribe was captured by YesJulz on Instagram and later shared widely on social media. West took aim at an array of perceived foes and former friends, including Drake, Jay-Z, and Adidas, and continued his anti-semitic streak from last year, criticizing “Jewish n****s” who call these outbursts “episodes,” and claiming at...
Video of the diatribe was captured by YesJulz on Instagram and later shared widely on social media. West took aim at an array of perceived foes and former friends, including Drake, Jay-Z, and Adidas, and continued his anti-semitic streak from last year, criticizing “Jewish n****s” who call these outbursts “episodes,” and claiming at...
- 12/15/2023
- by Larisha Paul and Jon Blistein
- Rollingstone.com
After the carmaker reported disappointing third-quarter earnings, Tesla stock dropped 9%. This share price decline brought Elon Musk’s net worth down by $16 billion – in one day.
On Wednesday, Tesla reported its third-quarter revenues of $23.35 billion. This fell short of the expected $24.06 billion forecast by Wall Street experts.
Similarly, the company’s adjusted earnings-per-share were $0.66, lower than the estimated $0.74.
Musk hosted an earnings call that was considered a disaster by finance experts.
Musk’s 13% stake in Tesla accounts for the majority of his personal wealth. As a result, his fortune slumped by over $16 billion on Thursday.
Musk is still the richest person in the world, with an estimated fortune of $210 billion.
According to Bloomberg’s Billionaire Index, he is still $55 billion ahead of Bernard Arnault, the head of Lvmh, and owner of brands such as Tiffany & Co. and Christian Dior.
As of Thursday, Bloomberg’s Billionaire Index estimates Arnault’s net worth to be $155 billion.
On Wednesday, Tesla reported its third-quarter revenues of $23.35 billion. This fell short of the expected $24.06 billion forecast by Wall Street experts.
Similarly, the company’s adjusted earnings-per-share were $0.66, lower than the estimated $0.74.
Musk hosted an earnings call that was considered a disaster by finance experts.
Musk’s 13% stake in Tesla accounts for the majority of his personal wealth. As a result, his fortune slumped by over $16 billion on Thursday.
Musk is still the richest person in the world, with an estimated fortune of $210 billion.
According to Bloomberg’s Billionaire Index, he is still $55 billion ahead of Bernard Arnault, the head of Lvmh, and owner of brands such as Tiffany & Co. and Christian Dior.
As of Thursday, Bloomberg’s Billionaire Index estimates Arnault’s net worth to be $155 billion.
- 10/20/2023
- by Baila Eve Zisman
- Uinterview
Move aside, Bernard Arnault! Elon Musk, the visionary CEO behind Tesla and SpaceX, has made an incredible comeback, reclaiming his status as the wealthiest person on the planet. After a brief period of being surpassed by Bernard Arnault, the CEO of Lvmh, Musk has surged back to the top, recapturing the crown on May 31. […]
The post Elon Musk Soars to the Top Once Again, Reclaiming Title of World’s Richest Person from Bernard Arnault appeared first on Shockya.com.
The post Elon Musk Soars to the Top Once Again, Reclaiming Title of World’s Richest Person from Bernard Arnault appeared first on Shockya.com.
- 6/3/2023
- by Grady Owen
- ShockYa
Los Angeles, May 13 (Ians) French luxury fashion house and cosmetic giant Dior is doubling down on its relationship with Johnny Depp, reports ‘Variety’.
Having stood by the star even when he faced choppy PR waters amid his legal battle with ex-wife Amber Heard, Dior has now signed Depp to a massive deal, marking it the biggest men’s fragrance pact ever, ‘Variety’ adds.
Sources quoted by ‘Variety’ peg the three-year deal at upwards of $20 million, which eclipses Robert Pattinson’s $12-million deal to serve as spokesperson for Dior Homme and Brad Pitt’s $7-million pact to promote Chanel No. 5.
A source familiar with the fragrance industry told ‘Variety’ that most A-listers with fragrance deals pull in around $2 million to $4 million per year, such as Chris Pine, whose deal with Armani is valued at $4 million a year for over three years.
Since 2015, the ‘Pirates of the Caribbean’ star has served as the face of Dior Sauvage,...
Having stood by the star even when he faced choppy PR waters amid his legal battle with ex-wife Amber Heard, Dior has now signed Depp to a massive deal, marking it the biggest men’s fragrance pact ever, ‘Variety’ adds.
Sources quoted by ‘Variety’ peg the three-year deal at upwards of $20 million, which eclipses Robert Pattinson’s $12-million deal to serve as spokesperson for Dior Homme and Brad Pitt’s $7-million pact to promote Chanel No. 5.
A source familiar with the fragrance industry told ‘Variety’ that most A-listers with fragrance deals pull in around $2 million to $4 million per year, such as Chris Pine, whose deal with Armani is valued at $4 million a year for over three years.
Since 2015, the ‘Pirates of the Caribbean’ star has served as the face of Dior Sauvage,...
- 5/13/2023
- by Agency News Desk
- GlamSham
Johnny Depp and Dior Sauvage are extending their partnership.
First reported by Variety and confirmed by a source close the deal, Depp and Dior Sauvage have extended a pact that is said to be three years and worth more than $20 million, making it one of the most lucrative celebrity fragrance deals. The Hollywood Reporter has also reached out to reps for Dior but did not hear back as of press time.
While Depp faced scrutiny amid a tumultuous court battle last year with his ex-wife Amber Heard, Dior Sauvage didn’t drop the actor, who has fronted the fragrance since it launched in 2015. Three months after Depp emerged victorious from the defamation suit, Dior Beauty promoted Depp in a new social campaign that was shared on the brand’s Instagram account. “Profound and authentic. Johnny Depp embodies the heady magic of Sauvage,” Dior Beauty shared in September 2022, on the heels...
First reported by Variety and confirmed by a source close the deal, Depp and Dior Sauvage have extended a pact that is said to be three years and worth more than $20 million, making it one of the most lucrative celebrity fragrance deals. The Hollywood Reporter has also reached out to reps for Dior but did not hear back as of press time.
While Depp faced scrutiny amid a tumultuous court battle last year with his ex-wife Amber Heard, Dior Sauvage didn’t drop the actor, who has fronted the fragrance since it launched in 2015. Three months after Depp emerged victorious from the defamation suit, Dior Beauty promoted Depp in a new social campaign that was shared on the brand’s Instagram account. “Profound and authentic. Johnny Depp embodies the heady magic of Sauvage,” Dior Beauty shared in September 2022, on the heels...
- 5/12/2023
- by Chris Gardner
- The Hollywood Reporter - Movie News
Dior is doubling down on its relationship with Johnny Depp.
The French luxury fashion house and cosmetics giant, which stood by the star even when he faced choppy PR waters amid his legal battle with ex-wife Amber Heard, has signed Depp to a massive deal, marking the biggest men’s fragrance pact ever.
Sources peg the three-year deal at upwards of $20 million, which eclipses Robert Pattinson’s $12 million deal to serve as a spokesperson for Dior Homme and Brad Pitt’s $7 million pact to promote Chanel No. 5. A source familiar with the fragrance industry says most A-listers with fragrance deals pull in around $2 million-$4 million per year like Chris Pine, whose deal with Armani is valued at $4 million a year over 3 years.
Dior didn’t respond to a request for comment. A rep for Depp declined comment.
Since 2015, the “Pirates of the Caribbean” star has served as the face of Dior Sauvage,...
The French luxury fashion house and cosmetics giant, which stood by the star even when he faced choppy PR waters amid his legal battle with ex-wife Amber Heard, has signed Depp to a massive deal, marking the biggest men’s fragrance pact ever.
Sources peg the three-year deal at upwards of $20 million, which eclipses Robert Pattinson’s $12 million deal to serve as a spokesperson for Dior Homme and Brad Pitt’s $7 million pact to promote Chanel No. 5. A source familiar with the fragrance industry says most A-listers with fragrance deals pull in around $2 million-$4 million per year like Chris Pine, whose deal with Armani is valued at $4 million a year over 3 years.
Dior didn’t respond to a request for comment. A rep for Depp declined comment.
Since 2015, the “Pirates of the Caribbean” star has served as the face of Dior Sauvage,...
- 5/12/2023
- by Tatiana Siegel
- Variety Film + TV
San Francisco, April 22 (Ians) Elon Musk saw his wealth plummet by more than $12 billion in just a day as he faced chaos and disappointing news from across his companies — SpaceX, Twitter and Tesla.
According to Bloomberg’s Billionaires Index, this was the biggest drop in Musk’s wealth so far this year.
Tesla’s share price fell by 9.8 per cent after disappointing first quarter results.
Tesla’s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run Ev maker continues to cut prices of its vehicles.
On the same day, SpaceX’s integrated Starship spacecraft experienced a “rapid unscheduled disassembly” four minutes into its first test flight.
SpaceX’s giant Starship rocket exploded after its launch from the US state of Texas on Thursday.
The rocket got off the launch pad in SpaceX’s Starbase in South Texas but exploded minutes later. The spacecraft failed to reach orbit.
According to Bloomberg’s Billionaires Index, this was the biggest drop in Musk’s wealth so far this year.
Tesla’s share price fell by 9.8 per cent after disappointing first quarter results.
Tesla’s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run Ev maker continues to cut prices of its vehicles.
On the same day, SpaceX’s integrated Starship spacecraft experienced a “rapid unscheduled disassembly” four minutes into its first test flight.
SpaceX’s giant Starship rocket exploded after its launch from the US state of Texas on Thursday.
The rocket got off the launch pad in SpaceX’s Starbase in South Texas but exploded minutes later. The spacecraft failed to reach orbit.
- 4/22/2023
- by Agency News Desk
- GlamSham
Hip-hop mogul Jay-Z has seen his net worth soaring to a new height. He boasts a fortune of $2.5 billion. According to a Forbes report on Friday (March 24), Jay-Z is now the 1,203rd wealthiest person on the planet. French business magnate Bernard Arnault, CEO of Lvmh Moet Hennessy Louis Vuitton, currently sits at No. 1 on that list with a reported valuation of $216.1 billion, reports ‘aceshowbiz.com’.
The report notes that the Grammy Award-winning artist’s fortune reaches far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says.
“The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” the report adds, noting his assets range from his Roc Nation entertainment and sports empire to “a fine-art collection including works by Jean-Michel Basquiat.”
With his reported current net worth,...
The report notes that the Grammy Award-winning artist’s fortune reaches far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says.
“The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” the report adds, noting his assets range from his Roc Nation entertainment and sports empire to “a fine-art collection including works by Jean-Michel Basquiat.”
With his reported current net worth,...
- 3/25/2023
- by News Bureau
- GlamSham
Elon Musk, the CEO of Tesla and Twitter, has regained his title as the wealthiest person in the world, according to the latest rankings from Bloomberg. With a net worth of $187.1 billion, Musk has overtaken Bernard Arnault, CEO of Lvmh, to take the top spot on the list of the world’s richest people. This […]
The post Elon Musk Regains Top Spot as World’s Richest Person, Surpasses Lvmh CEO’s Net Worth According to Bloomberg’s Latest Rankings appeared first on Shockya.com.
The post Elon Musk Regains Top Spot as World’s Richest Person, Surpasses Lvmh CEO’s Net Worth According to Bloomberg’s Latest Rankings appeared first on Shockya.com.
- 2/28/2023
- by Grady Owen
- ShockYa
Banijay and North Road Entertainment are keen on to Love Island producer ITV Studios, according to Reuters.
The report suggests private equity-backed studio firms have also looked at the production and sales arm of ITV, which could fetch as much as £3Bn ($3.7Bn).
Reuters cites sources who claim UK network ITV is willing to selling a portion of ITV Studios but is keen to keep control of the business, which has production assets in the UK, Europe, U.S. and Australasia and owns shows such as Love Island, I’m a Celebrity… Get Me Out of Here! and Life of Duty.
Rumors ITV was open to some sort of sale first emerged in the Ft in October last year, though sources within ITV have consistently played down the idea and it has at times appeared off the market.
The news comes just a day after The North Road Company, which...
The report suggests private equity-backed studio firms have also looked at the production and sales arm of ITV, which could fetch as much as £3Bn ($3.7Bn).
Reuters cites sources who claim UK network ITV is willing to selling a portion of ITV Studios but is keen to keep control of the business, which has production assets in the UK, Europe, U.S. and Australasia and owns shows such as Love Island, I’m a Celebrity… Get Me Out of Here! and Life of Duty.
Rumors ITV was open to some sort of sale first emerged in the Ft in October last year, though sources within ITV have consistently played down the idea and it has at times appeared off the market.
The news comes just a day after The North Road Company, which...
- 2/1/2023
- by Jesse Whittock
- Deadline Film + TV
San Francisco, Jan 2 (Ians) If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose 200 billion from his net worth, and is still making jokes on the micro-blogging platform.
According to a Bloomberg report, Musk has now seen his wealth drop to 137 billion following a recent drop in Tesla shares.
The shares of his electric car company are down nearly 65 per cent.
In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than 185 billion.
Musk saw his fortune peak in November 2021, hitting 340 billion, before a massive drop.
Last month, he was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company Lvmh, as the world’s richest man.
The Tesla CEO’s wealth eroded further after he bought Twitter for a whopping 44 billion.
According to a Bloomberg report, Musk has now seen his wealth drop to 137 billion following a recent drop in Tesla shares.
The shares of his electric car company are down nearly 65 per cent.
In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than 185 billion.
Musk saw his fortune peak in November 2021, hitting 340 billion, before a massive drop.
Last month, he was replaced by Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company Lvmh, as the world’s richest man.
The Tesla CEO’s wealth eroded further after he bought Twitter for a whopping 44 billion.
- 1/2/2023
- by News Bureau
- GlamSham
San Francisco, Dec 21 (Ians) Electric car company Tesla’s shares tumbled further to around 137 apiece, its lowest ever, as Elon Musk on Wednesday again blamed global macroeconomic conditions.
Tesla’s stock has plunged dramatically since Musk bought Twitter in April this year. Tesla shares are down more than 60 per cent since then, as Musk is busy micro-managing daily affairs at Twitter.
Tesla bull Ross Gerber tweeted: “Tesla stock price now reflects the value of having no CEO. Great job tesla Bod — Time for a shake up. tsla.”
Musk replied: “As bank savings account interest rates, which are guaranteed, start to approach stock market returns, which are not guaranteed, people will increasingly move their money out of stocks into cash, thus causing stocks to drop.”
Gerber further said that “Tesla needs a media and comms team; Tesla needs a succession plan as well as clarify when Elon will be back from...
Tesla’s stock has plunged dramatically since Musk bought Twitter in April this year. Tesla shares are down more than 60 per cent since then, as Musk is busy micro-managing daily affairs at Twitter.
Tesla bull Ross Gerber tweeted: “Tesla stock price now reflects the value of having no CEO. Great job tesla Bod — Time for a shake up. tsla.”
Musk replied: “As bank savings account interest rates, which are guaranteed, start to approach stock market returns, which are not guaranteed, people will increasingly move their money out of stocks into cash, thus causing stocks to drop.”
Gerber further said that “Tesla needs a media and comms team; Tesla needs a succession plan as well as clarify when Elon will be back from...
- 12/21/2022
- by Glamsham Bureau
- GlamSham
Elon Musk sold around 3.6 billion worth of shares of his flagship company Tesla this week, despite reassuring investors in April that he had “no further Tsla sales planned” after he secured the funds to acquire Twitter in a 44 billion deal.
The sale was revealed in an SEC filing submitted by Musk showing that between Monday and Wednesday he offloaded around 22 million shares of the electric vehicle company. The total value of Musk’s Tesla stock sales this year is estimated to amount to around 40 billion.
Tesla’s stock has underperformed...
The sale was revealed in an SEC filing submitted by Musk showing that between Monday and Wednesday he offloaded around 22 million shares of the electric vehicle company. The total value of Musk’s Tesla stock sales this year is estimated to amount to around 40 billion.
Tesla’s stock has underperformed...
- 12/15/2022
- by Nikki McCann Ramirez
- Rollingstone.com
Twitter’s new owner Elon Musk has unloaded another 22 million shares of his publicly-traded electric automaker Tesla, raising north of 3.5 billion.
The move follows a sale in November of 19.5 million shares of Tesla and that company’s stockholders are growing increasingly restless and vocal about the founder and CEO’s commitment and highly public distractions with his latest venture. In April, when Musk also divested a big chunk of Tesla ahead of his 44-billion Twitter takeover, he promised there would be no more selling of Tesla stock but sold another tranche in November.
Musk divested his latest batch of shares on Monday, Tuesday and Wednesday this week, according to tan SEC filing. They were sold in multiple transactions at an average price per transaction ranging from about 156 to over 176 per share.
No reason was given. But Twitter has high debt and corresponding high interest payments and by Musk’s own...
The move follows a sale in November of 19.5 million shares of Tesla and that company’s stockholders are growing increasingly restless and vocal about the founder and CEO’s commitment and highly public distractions with his latest venture. In April, when Musk also divested a big chunk of Tesla ahead of his 44-billion Twitter takeover, he promised there would be no more selling of Tesla stock but sold another tranche in November.
Musk divested his latest batch of shares on Monday, Tuesday and Wednesday this week, according to tan SEC filing. They were sold in multiple transactions at an average price per transaction ranging from about 156 to over 176 per share.
No reason was given. But Twitter has high debt and corresponding high interest payments and by Musk’s own...
- 12/15/2022
- by Jill Goldsmith
- Deadline Film + TV
San Francisco, Dec 15 (Ians) Elon Musk has sold over 20 million more Tesla shares worth about 3.5 billion and did not provide any reason for selling more stock in the electric car company.
Since November 2021, Musk has sold more than 39 billion of Tesla shares.
After the fresh share sale, according to a form filed with the US Securities and Exchange Commission (SEC), Musk now owns about 66 billion worth of Tesla stock.
In April this year, the new Twitter CEO sold off 8.5 billion worth of Tesla stock while in August, he offloaded another 7 billion shares.
The share sale comes at a time when Tesla investors have raised concerns over Musk’s 44 billion Twitter acquisition, saying his 24/7 involvement with the micro-blogging platform is “detrimental to Tesla,” reports TechCrunch.
Tesla stock has nosedived 60.8 per cent since January this year, and traded at 156.80 after hours on Wednesday.
According to industry analysts, “the fresh stock sell is...
Since November 2021, Musk has sold more than 39 billion of Tesla shares.
After the fresh share sale, according to a form filed with the US Securities and Exchange Commission (SEC), Musk now owns about 66 billion worth of Tesla stock.
In April this year, the new Twitter CEO sold off 8.5 billion worth of Tesla stock while in August, he offloaded another 7 billion shares.
The share sale comes at a time when Tesla investors have raised concerns over Musk’s 44 billion Twitter acquisition, saying his 24/7 involvement with the micro-blogging platform is “detrimental to Tesla,” reports TechCrunch.
Tesla stock has nosedived 60.8 per cent since January this year, and traded at 156.80 after hours on Wednesday.
According to industry analysts, “the fresh stock sell is...
- 12/15/2022
- by Glamsham Bureau
- GlamSham
San Francisco, Dec 7 (Ians) Twitter owner Elon Musk briefly lost his position as the world’s richest man to Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company Lvmh on Wednesday.
According to Forbes, Arnault and his family logged personal wealth of 185.4 billion, ahead of Musk which recorded a net worth of 185.3 billion, before reaching around 190 billion.
Musk’s wealth has fallen 100.5 billion so far in 2022, as per Bloomberg Billionaires Index.
The Tesla CEO’s wealth eroded further after he bought Twitter for a whopping 44 billion.
The 51-year-old’s net worth peaked at 340 billion in November last year.
Tesla shares have plummeted around 58 per cent to date.
Musk’s net worth currently eclipses Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates.
In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than 185 billion.
Meanwhile, Tesla shares are sliding,...
According to Forbes, Arnault and his family logged personal wealth of 185.4 billion, ahead of Musk which recorded a net worth of 185.3 billion, before reaching around 190 billion.
Musk’s wealth has fallen 100.5 billion so far in 2022, as per Bloomberg Billionaires Index.
The Tesla CEO’s wealth eroded further after he bought Twitter for a whopping 44 billion.
The 51-year-old’s net worth peaked at 340 billion in November last year.
Tesla shares have plummeted around 58 per cent to date.
Musk’s net worth currently eclipses Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates.
In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than 185 billion.
Meanwhile, Tesla shares are sliding,...
- 12/7/2022
- by Glamsham Bureau
- GlamSham
Stephen Colbert, Jennifer Garner, John Legend and Chrissy Teigen and Julia Louis-Dreyfus are among the celebrity names expected at tonight’s White House State Dinner for French President Emmanuel Macron.
The event also is heavy in studio heads and moguls, including Warner Bros. Discovery’s David Zaslav, NBCUniversal’s Jeff Shell, Walt Disney’s Dana Walden and Netflix’s Ted Sarandos, along with Jeffrey Katzenberg and CAA’s Bryan Lourd. Also on the guest list is Charles Rivkin, the MPA chairman and former U.S. ambassador to France, and Sarandos’ wife, producer Nicole Avant, the former U.S. ambassador to the Bahamas.
Other media names include Mika Brzezinski and Joe Scarborough, Olivier Knox, Jon Meacham, and other notable non-government, non-politics guests include Apple’s Tim Cook, Anna Wintour and her guest Baz Luhrmann, developer Jeff Worthe, designer Christian Louboutin and Laurene Powell Jobs.
John Batiste, Colbert’s former bandleader, is...
The event also is heavy in studio heads and moguls, including Warner Bros. Discovery’s David Zaslav, NBCUniversal’s Jeff Shell, Walt Disney’s Dana Walden and Netflix’s Ted Sarandos, along with Jeffrey Katzenberg and CAA’s Bryan Lourd. Also on the guest list is Charles Rivkin, the MPA chairman and former U.S. ambassador to France, and Sarandos’ wife, producer Nicole Avant, the former U.S. ambassador to the Bahamas.
Other media names include Mika Brzezinski and Joe Scarborough, Olivier Knox, Jon Meacham, and other notable non-government, non-politics guests include Apple’s Tim Cook, Anna Wintour and her guest Baz Luhrmann, developer Jeff Worthe, designer Christian Louboutin and Laurene Powell Jobs.
John Batiste, Colbert’s former bandleader, is...
- 12/2/2022
- by Ted Johnson
- Deadline Film + TV
Following Kanye West’s inflammatory White Lives Matter shirts at his Yzy Paris fashion show earlier this month, it was unclear where the graphic T-shirts would end up. But in a video posted by Ian Connor — a West associate and popular stylist who was accused of sexual assault by at least half-a-dozen women — it appears West’s team handed out the shirts for free in Los Angeles’ Skid Row neighborhood Sunday night.
“Courtesy of Kanye West,” a voice says in the quick video, with the camera panning around to show...
“Courtesy of Kanye West,” a voice says in the quick video, with the camera panning around to show...
- 10/18/2022
- by Cheyenne Roundtree
- Rollingstone.com
Kanye West is facing the repercussions of (and harsh critiques for) his most recent attention-seeking antics in fashion. After having models strut with “White Lives Matter” T-shirts during his Yzy show in Paris Monday, leaders in the fashion world heavily criticized and slammed the provocateur for his ill-executed attempt at sending a message about race.
West, for his part, has doubled down on his Candace Owens-endorsed “fashion statement” and weaponized his social media to 1) say that “Black Lives Matter was a scam,” 2) attack Vogue editor Gabriella Karefa-Johnson, who described...
West, for his part, has doubled down on his Candace Owens-endorsed “fashion statement” and weaponized his social media to 1) say that “Black Lives Matter was a scam,” 2) attack Vogue editor Gabriella Karefa-Johnson, who described...
- 10/6/2022
- by Tomás Mier
- Rollingstone.com
Kanye West’s latest stunt of championing the slogan “White Lives Matter” and decrying Black Lives Matter as a “scam” has not only brought sharp rebukes from his music and fashion industry peers, but from the mother of Ahmaud Arbery, whom the rapper had privately supported after her son was murdered in a racially-motivated attack.
Wanda Cooper-Jones tells Rolling Stone in a statement that West’s actions “flies directly in the face” of what he had expressed to her family after her 25-year-old son was killed when he went for...
Wanda Cooper-Jones tells Rolling Stone in a statement that West’s actions “flies directly in the face” of what he had expressed to her family after her 25-year-old son was killed when he went for...
- 10/4/2022
- by Cheyenne Roundtree
- Rollingstone.com
Banijay, a global content production house headquartered in France, is going public.
The company, which is behind shows such as “Survivor,” “The Kardashians,” “Black Mirror” and “MasterChef,” will merge in a special purpose acquisition company (Spac) deal backed by billionaires Bernard Arnault and Vincent Bolloré, according to the Financial Times.
Per Reuters, the deal is reportedly worth upwards of 4 billion.
The deal establishes new company Fl Entertainment, with a value of about 7 billion, a figure that includes debt. It totals out to nearly 4 billion in equity value, according to executive Francois Riahi.
The new company will also include Betclic, an online gambling company.
Banijay acquired Endemol Shine in for 2.2 billion in 2019.
According to reports, current investors in Banijay and Betclic, which include Vivendi, will reinvest in the new company.
Read original story Banijay, French Production House Behind ‘Survivor’ and ‘Black Mirror,’ to Go Public At TheWrap...
The company, which is behind shows such as “Survivor,” “The Kardashians,” “Black Mirror” and “MasterChef,” will merge in a special purpose acquisition company (Spac) deal backed by billionaires Bernard Arnault and Vincent Bolloré, according to the Financial Times.
Per Reuters, the deal is reportedly worth upwards of 4 billion.
The deal establishes new company Fl Entertainment, with a value of about 7 billion, a figure that includes debt. It totals out to nearly 4 billion in equity value, according to executive Francois Riahi.
The new company will also include Betclic, an online gambling company.
Banijay acquired Endemol Shine in for 2.2 billion in 2019.
According to reports, current investors in Banijay and Betclic, which include Vivendi, will reinvest in the new company.
Read original story Banijay, French Production House Behind ‘Survivor’ and ‘Black Mirror,’ to Go Public At TheWrap...
- 5/10/2022
- by Jolie Lash
- The Wrap
Banijay, the company behind series such as Survivor, Peaky Blinders and MasterChef, is going public through an agreement with a Spac investment group.
The deal will see Banijay chairman Stephane Courbit take the company, as well as online sports gambling group Betclic, public through Fl Entertainment. The deal is being backed by investors including Bernard Arnault and Vincent Bolloré.
Fl Entertainment Group will have an enterprise value of €7.2B, or €4.1B in equity value. The shares will begin trading on Euronext in Amsterdam on July 1.
The company said that Fl Entertainment has a “compelling opportunity” as a public company through “both expected growth and the extensive consolidation opportunities for its two businesses.”
Fl Entertainment will merge with Spac Pegasus Entrepreneurs, which is backed by European asset management company Tikehau Capital and investment firm Financière Agache. Existing shareholders including Vivendi have agreed to reinvest in the new company,
Courbit called the...
The deal will see Banijay chairman Stephane Courbit take the company, as well as online sports gambling group Betclic, public through Fl Entertainment. The deal is being backed by investors including Bernard Arnault and Vincent Bolloré.
Fl Entertainment Group will have an enterprise value of €7.2B, or €4.1B in equity value. The shares will begin trading on Euronext in Amsterdam on July 1.
The company said that Fl Entertainment has a “compelling opportunity” as a public company through “both expected growth and the extensive consolidation opportunities for its two businesses.”
Fl Entertainment will merge with Spac Pegasus Entrepreneurs, which is backed by European asset management company Tikehau Capital and investment firm Financière Agache. Existing shareholders including Vivendi have agreed to reinvest in the new company,
Courbit called the...
- 5/10/2022
- by Jesse Whittock
- Deadline Film + TV
Vivendi, the parent company of Canal Plus Group, is set to acquire a 17.5% stake in Lagardere, the French media, publishing and travel retail conglomerate, from Amber Capital in the next few days.
Vivendi will own 45.1% of the Lagardère capital following the acquisition of 24,685,108 shares at a price of €24.10 ($27.27) per share. The company said the transaction will not imply any cash transfers from either party since Amber Capital will keep the funds received as cash collateral from Vivendi.
If approved by regulatory authorities, the transaction will place Vivendi above the 30% share capital and voting right threshold in Lagardere. As such, Vivendi said it will make a takeover bid at the same price, €24.10 per share, for the remaining stake in Lagardère on Feb. 2022. Other shareholders in Lagardere include Arnaud Lagardere, as well as Qatar Holding and Financière Agache, the holding of Lvmh president Bernard Arnault.
Following the deal, Vivendi will own 36.1% of...
Vivendi will own 45.1% of the Lagardère capital following the acquisition of 24,685,108 shares at a price of €24.10 ($27.27) per share. The company said the transaction will not imply any cash transfers from either party since Amber Capital will keep the funds received as cash collateral from Vivendi.
If approved by regulatory authorities, the transaction will place Vivendi above the 30% share capital and voting right threshold in Lagardere. As such, Vivendi said it will make a takeover bid at the same price, €24.10 per share, for the remaining stake in Lagardère on Feb. 2022. Other shareholders in Lagardere include Arnaud Lagardere, as well as Qatar Holding and Financière Agache, the holding of Lvmh president Bernard Arnault.
Following the deal, Vivendi will own 36.1% of...
- 12/9/2021
- by Elsa Keslassy
- Variety Film + TV
The surprising death of Virgil Abloh, founder of fashion label Off-White and current menswear artistic director at Louis Vuitton, caught the world off-guard today. Abloh was 41.
Louis Vuitton and Abloh’s personal Instagram account confirmed his passing. It was revealed the Chicago native had battled cardiac angiosarcoma, a rare and aggressive cancer, for at least two years.
“We are all shocked after this terrible news,” Louis Vuitton parent company CEO Bernard Arnault said in a statement. “Virgil was not only a genius designer, a visionary, he was also a man with a beautiful soul and great wisdom. The Lvmh family joins me in this moment of great sorrow, and we are all thinking of his loved ones after the passing of their husband, their father, their brother, or their friend.”
He is survived by his wife, Shannon, and his two children, Lowe and Grey Abloh, as well as his sister and his parents.
Louis Vuitton and Abloh’s personal Instagram account confirmed his passing. It was revealed the Chicago native had battled cardiac angiosarcoma, a rare and aggressive cancer, for at least two years.
“We are all shocked after this terrible news,” Louis Vuitton parent company CEO Bernard Arnault said in a statement. “Virgil was not only a genius designer, a visionary, he was also a man with a beautiful soul and great wisdom. The Lvmh family joins me in this moment of great sorrow, and we are all thinking of his loved ones after the passing of their husband, their father, their brother, or their friend.”
He is survived by his wife, Shannon, and his two children, Lowe and Grey Abloh, as well as his sister and his parents.
- 11/29/2021
- by Brandon Choe
- Deadline Film + TV
Virgil Abloh, the founder of fashion label Off-White and Artistic Director of menswear at Louis Vuitton, died Sunday after a long battle with a rare cancer. He was 41 years old and his death was confirmed by the French fashion house.
Abloh had cardiac angiosarcoma, a rare and aggressive cancer, for at least two years, said parent company Lvmh.
“We are all shocked after this terrible news,” company CEO Bernard Arnault said in a statement on Twitter. “Virgil was not only a genius designer, a visionary, he was also a man with a beautiful soul and great wisdom. The Lvmh family joins me in this moment of great sorrow, and we are all thinking of his loved ones after the passing of their husband, their father, their brother, or their friend.”
Abloh became Lvmh menswear line creative director in 2018, the first black designer in that role.
He is survived by his wife,...
Abloh had cardiac angiosarcoma, a rare and aggressive cancer, for at least two years, said parent company Lvmh.
“We are all shocked after this terrible news,” company CEO Bernard Arnault said in a statement on Twitter. “Virgil was not only a genius designer, a visionary, he was also a man with a beautiful soul and great wisdom. The Lvmh family joins me in this moment of great sorrow, and we are all thinking of his loved ones after the passing of their husband, their father, their brother, or their friend.”
Abloh became Lvmh menswear line creative director in 2018, the first black designer in that role.
He is survived by his wife,...
- 11/28/2021
- by Bruce Haring
- Deadline Film + TV
Virgil Abloh, founder of Off-White and Louis Vuitton men’s artistic director, died on Sunday after a private battle with cancer. The acclaimed artist and fashion designer was 41 years old.
A statement posted to Abloh’s Instagram account reads: “For over two years, Virgil valiantly battled a rare, aggressive form of cancer, cardiac angiosarcoma. He chose to endure his battle privately since his diagnosis in 2019, undergoing numerous challenging treatments, all while helming several significant institutions that span fashion, art, and culture.”
Abloh is survived by his wife, Shannon Abloh, and their two children,...
A statement posted to Abloh’s Instagram account reads: “For over two years, Virgil valiantly battled a rare, aggressive form of cancer, cardiac angiosarcoma. He chose to endure his battle privately since his diagnosis in 2019, undergoing numerous challenging treatments, all while helming several significant institutions that span fashion, art, and culture.”
Abloh is survived by his wife, Shannon Abloh, and their two children,...
- 11/28/2021
- by Larisha Paul and Kyle Rice
- Rollingstone.com
Virgil Abloh has died at age 41, according to a statement posted on Lvmh's official Twitter account confirming the news on Nov. 28. "Lvmh, Louis Vuitton and Off White are devastated to announce the passing of Virgil Abloh, on Sunday, November 28th, of cancer, which he had been battling privately for several years," a statement from Lvmh chairman and CEO Bernard Arnault read. "We are all shocked after this terrible news. Virgil was not only a genius designer, a visionary, he was also a man with a beautiful soul and great wisdom. The Lvmh family joins me in this moment of great sorrow, and we are all thinking of his loved ones after the passing of their husband, their father, their brother or their friend."
Since 2019, Virgil privately battled a rare, aggressive form of cancer, cardiac angiosarcoma, according to a statement posted on his official Instagram account. "Through it all, his work ethic,...
Since 2019, Virgil privately battled a rare, aggressive form of cancer, cardiac angiosarcoma, according to a statement posted on his official Instagram account. "Through it all, his work ethic,...
- 11/28/2021
- by Princess Gabbara
- Popsugar.com
A bride and groom in Italy had some very high-profile wedding guests this weekend: Beyoncé and Jay-Z. On Saturday, Oct. 16, the 40-year-old singer and 51-year-old rapper attended the wedding of French fashion accessories store D'Estrëe founder Geraldine Guyot and Alexandre Arnault, the Executive Vice President of Product & Communications of Tiffany & Co. and the son of Lvmh Moët Hennessy Louis Vuitton CEO Bernard Arnault. At the wedding, he and Bey wore coordinating outfits. She sported a black, long, double-breasted wool coat over a light teal silk dress and matching stiletto sandals, paired with a sparkling studded clutch and black face mask. Jay-Z wore a navy...
- 10/16/2021
- E! Online
Vivendi, the parent company of Canal Plus and Universal Music Group (Umg), is planning to acquire an additional 17.93% stake in Lagardere, the French media, publishing and travel retail conglomerate, from its leading shareholder Amber Capital.
The move comes as Vivendi is getting ready to list Umg, its biggest money-making asset and the world’s largest music company, at the Amsterdam stock exchange on Sept. 21.
Vivendi first entered into Lagardere’s capital with a 10.6% stake in April 2020, when the company’s president Arnaud Lagardère, who inherited the illustrious banner from his father, Jean-Luc Lagardère, clashed with Amber Capital and was threatened to be pushed aside.
With Amber Capital’s stake, Vivendi will own 45.1% of Lagardere’s share capital and 36.1% of the voting rights. Amber Capital has accepted Vivendi’s offer to pay €24.10 ($28.3) per share for its 25,305,448 shares.
If approved by regulatory authorities, the transaction would place Vivendi above the 30% share capital...
The move comes as Vivendi is getting ready to list Umg, its biggest money-making asset and the world’s largest music company, at the Amsterdam stock exchange on Sept. 21.
Vivendi first entered into Lagardere’s capital with a 10.6% stake in April 2020, when the company’s president Arnaud Lagardère, who inherited the illustrious banner from his father, Jean-Luc Lagardère, clashed with Amber Capital and was threatened to be pushed aside.
With Amber Capital’s stake, Vivendi will own 45.1% of Lagardere’s share capital and 36.1% of the voting rights. Amber Capital has accepted Vivendi’s offer to pay €24.10 ($28.3) per share for its 25,305,448 shares.
If approved by regulatory authorities, the transaction would place Vivendi above the 30% share capital...
- 9/16/2021
- by Elsa Keslassy
- Variety Film + TV
Two years after a devastating fire ripped through the Notre-Dame cathedral in Paris, French producer Christine Le Goff (“Sacred Spaces”) is preparing an ambitious three-part documentary series exploring how the 800-year-old landmark will be reconstructed and how it was originally built.
Titled “Raising Notre-Dame,” the documentary series was commissioned from Paris-based banner Zed by Arte and is being directed by Vincent Amouroux, whose credits include “Living Universe.” The project combines live footage with CGI visuals and rare historical archives. Le Goff, who previously produced “Decoding the Great Cathedrals” and “Sacred Spaces,” secured long-term access to all areas of the cathedral while it is being investigated before the start of restoration in 2022.
Le Goff said “Raising Notre-Dame” also enlisted the National Center of Scientific Research (Cnrs) to gain exclusive access to the scientists and experts on site, as well as to the results of their studies, in order to deliver a...
Titled “Raising Notre-Dame,” the documentary series was commissioned from Paris-based banner Zed by Arte and is being directed by Vincent Amouroux, whose credits include “Living Universe.” The project combines live footage with CGI visuals and rare historical archives. Le Goff, who previously produced “Decoding the Great Cathedrals” and “Sacred Spaces,” secured long-term access to all areas of the cathedral while it is being investigated before the start of restoration in 2022.
Le Goff said “Raising Notre-Dame” also enlisted the National Center of Scientific Research (Cnrs) to gain exclusive access to the scientists and experts on site, as well as to the results of their studies, in order to deliver a...
- 5/6/2021
- by Elsa Keslassy
- Variety Film + TV
Production powerhouse Tyler Perry has landed on the Forbes billionaires list for the first time, with $1 billion. The prolific filmmaker behind the Madea franchise, The Have and the Have Nots and Netflix’s recently announced A Jazzman’s Blues is billionaire No. 2,677.
Other TV series from Tyler Perry Studios in Atlanta include Sistas and The Oval. He’s working on All the Queen’s Men for BET+, the streaming service joint venture between Perry and ViacomCBS.
Perry joins Kanye West and Kim Kardashian — who happen to be in the midst of a divorce — among 493 first-time additions to Forbes’ 35th annual list, which totals 2,755 billionaires, 660 more than a year ago. Musician and entrepreneur Kanye West, who has a multi-year deal to design sneaker brand Yeezy for Adidas, is billionaire No. 1,750 with $1.8 billion. Kim Kardashian West, who parlayed reality TV stardom into a fortune with a mobile game, cosmetics and most recently shapewear,...
Other TV series from Tyler Perry Studios in Atlanta include Sistas and The Oval. He’s working on All the Queen’s Men for BET+, the streaming service joint venture between Perry and ViacomCBS.
Perry joins Kanye West and Kim Kardashian — who happen to be in the midst of a divorce — among 493 first-time additions to Forbes’ 35th annual list, which totals 2,755 billionaires, 660 more than a year ago. Musician and entrepreneur Kanye West, who has a multi-year deal to design sneaker brand Yeezy for Adidas, is billionaire No. 1,750 with $1.8 billion. Kim Kardashian West, who parlayed reality TV stardom into a fortune with a mobile game, cosmetics and most recently shapewear,...
- 4/6/2021
- by Jill Goldsmith
- Deadline Film + TV
Luxury beverage giant Lvmh Moët Hennessy has acquired a 50% stake in Jay-Z’s champagne brand, Armand de Brignac.
Armand de Brignac — which is widely known as “Ace of Spades” due to its logo — was launched by French Champagne company, Cattier, in 2006, then purchased by a company led by Jay-Z in 2014. A press release touted the brand as a “worldwide success” that sold over 500,000 bottles in 2019.
The new deal with Moët Hennesy (which is itself one-half of the gigantic French luxury conglomerate Lvmh) involves a 50-50 ownership split as well as a global distribution agreement.
Armand de Brignac — which is widely known as “Ace of Spades” due to its logo — was launched by French Champagne company, Cattier, in 2006, then purchased by a company led by Jay-Z in 2014. A press release touted the brand as a “worldwide success” that sold over 500,000 bottles in 2019.
The new deal with Moët Hennesy (which is itself one-half of the gigantic French luxury conglomerate Lvmh) involves a 50-50 ownership split as well as a global distribution agreement.
- 2/22/2021
- by Jon Blistein
- Rollingstone.com
New Delhi, Feb 5 (Ians) Rihanna holds a $600 million fortune. Making her the wealthiest female musician in the world. Far ahead of Madonna ($ 570 million), Celine Dion (Usd$ 450 million) and Beyonce ($ 400 million).
However, most of her fortune does not come from music, it comes from her partnership with (Lvmh Moet Hennessy Louis Vuitton) Lvmh, the French luxury goods giant run by billionaire Bernard Arnault. Lvmh and Rihanna co-own the makeup brand Fenty Beauty.
A recent tweet by Robyn Rihanna Fenty, popularly known as Rihanna in showbiz, has earned her harsh criticism in India for trying to ride the free wave on farmers' protests in India, with a big expose on her motive to do the same.
Rihanna Fenty, who is also the founder of @fentybeauty, has been exposed to circulating content on Twitter allegedly planned months in advance by Pakistan-sponsored anti India extremist organisations, intelligence sources said.
Sources said to think that...
However, most of her fortune does not come from music, it comes from her partnership with (Lvmh Moet Hennessy Louis Vuitton) Lvmh, the French luxury goods giant run by billionaire Bernard Arnault. Lvmh and Rihanna co-own the makeup brand Fenty Beauty.
A recent tweet by Robyn Rihanna Fenty, popularly known as Rihanna in showbiz, has earned her harsh criticism in India for trying to ride the free wave on farmers' protests in India, with a big expose on her motive to do the same.
Rihanna Fenty, who is also the founder of @fentybeauty, has been exposed to circulating content on Twitter allegedly planned months in advance by Pakistan-sponsored anti India extremist organisations, intelligence sources said.
Sources said to think that...
- 2/5/2021
- by Glamsham Editorial
- GlamSham
In 2013, Kanye West made his ambitions known. Between taking shots at Hedi Slimane and sincerely asking what Lady Gaga knew about cameras as a stunned Zane Lowe looked on, West talked about money — the money he no longer had, the money he needed to knock down barriers, and, most importantly, the money his future business would one day accumulate.
“I eventually want to be the anchor and the force behind a billion-dollar company,” he said. “I eventually want to be the anchor of the first trillion-dollar company.”
Six years later,...
“I eventually want to be the anchor and the force behind a billion-dollar company,” he said. “I eventually want to be the anchor of the first trillion-dollar company.”
Six years later,...
- 10/25/2019
- by Charles Holmes
- Rollingstone.com
After the stroke that derailed her acting career, movie star Sharon Stone is reflecting on what could’ve been — and her similarities to another ’90s icon.
“I was like the hottest movie star, you know?” the Oscar nominee for Casino, 61, told Variety about life before her 2001 stroke. “It was like Miss Princess Diana and I were so famous — and she died and I had a stroke. And we were forgotten.”
In September 2001, Stone was hospitalized for a stroke. She took a two-year break from acting afterward, but told Variety it took her about seven years to fully recover.
“People treated...
“I was like the hottest movie star, you know?” the Oscar nominee for Casino, 61, told Variety about life before her 2001 stroke. “It was like Miss Princess Diana and I were so famous — and she died and I had a stroke. And we were forgotten.”
In September 2001, Stone was hospitalized for a stroke. She took a two-year break from acting afterward, but told Variety it took her about seven years to fully recover.
“People treated...
- 7/19/2019
- by Justin Curto
- PEOPLE.com
Singer Rihanna is to launch a fashion label with French luxury goods group Mo?t Hennessy Louis Vuitton (Lvmh).
The label is called Fenty, after the singer's full name - Robyn Rihanna Fenty, and will launch in Spring 2019.
She will become the first woman of color to lead a house under the Lvmh brand, and the first woman to create an original brand for the group, the BBC reported.
The singer, who has 70 million followers on Instagram, is widely known for her bold fashion choices.
Fenty, which will produce clothing, shoes, and accessories, is the first new label under the Lvmh brand since 1987. The label will join around 70 brands already in the Lvmh group, including Louis Vuitton, Christian Dior, and Givenchy.
In a statement, Rihanna said that she had been given a "unique opportunity to develop a fashion house in the luxury sector, with no artistic limits."
She added: "I...
The label is called Fenty, after the singer's full name - Robyn Rihanna Fenty, and will launch in Spring 2019.
She will become the first woman of color to lead a house under the Lvmh brand, and the first woman to create an original brand for the group, the BBC reported.
The singer, who has 70 million followers on Instagram, is widely known for her bold fashion choices.
Fenty, which will produce clothing, shoes, and accessories, is the first new label under the Lvmh brand since 1987. The label will join around 70 brands already in the Lvmh group, including Louis Vuitton, Christian Dior, and Givenchy.
In a statement, Rihanna said that she had been given a "unique opportunity to develop a fashion house in the luxury sector, with no artistic limits."
She added: "I...
- 5/11/2019
- GlamSham
Rihanna continues to slay the fashion game. The 31-year-old singer has partnered with Lvmh to create a new luxury fashion line called Fenty. The label will include shoes, accessories and ready-to-wear and is expected to debut in the spring of 2019. "Everybody knows Rihanna as a wonderful singer, but through our partnership at Fenty Beauty, I discovered a true entrepreneur, a real C.E.O. and a terrific leader," Lvmh's chairman Bernard Arnault said in the statement, noting the partnership Rihanna has had with the company since 2017 for her beauty line. "She naturally finds her full place within Lvmh. To support Rihanna to start up the Fenty Maison, we have built a talented and multicultural...
- 5/10/2019
- E! Online
Billionaire François-Henri Pinault and his family have pledged to donate €100 million (or approximately $113 million) to rebuild the Notre-Dame Cathedral in Paris following its devastating fire.
"My father [François Pinault] and I have decided to release as of now from the funds of Artemis a sum of 100 million euros to participate in the effort that will be necessary for the complete reconstruction of Notre Dame," François-Henri wrote in a statement, according to BuzzFeed.
François-Henri is the chairman and CEO of Kering, an international luxury group that owns brands like Gucci, Alexander McQueen, Balenciaga, and Yves Saint Laurent. He's married to actress Salma Hayek, who also shared her own sympathies after the heartbreaking damage to the historic landmark. "As many others I'm in deep shock and sadness to witness the beauty of Notre-Dame turn into smoke," she wrote in a caption on Instagram. "I love you Paris." François-Henri and Salma were married less than...
"My father [François Pinault] and I have decided to release as of now from the funds of Artemis a sum of 100 million euros to participate in the effort that will be necessary for the complete reconstruction of Notre Dame," François-Henri wrote in a statement, according to BuzzFeed.
François-Henri is the chairman and CEO of Kering, an international luxury group that owns brands like Gucci, Alexander McQueen, Balenciaga, and Yves Saint Laurent. He's married to actress Salma Hayek, who also shared her own sympathies after the heartbreaking damage to the historic landmark. "As many others I'm in deep shock and sadness to witness the beauty of Notre-Dame turn into smoke," she wrote in a caption on Instagram. "I love you Paris." François-Henri and Salma were married less than...
- 4/17/2019
- by Karenna Meredith
- Popsugar.com
Yesterday, the world watched in open-mouthed horror as Notre Dame Cathedral, an 800-year-old monument in Paris, France, burst into flames. As the Paris fire department scrambled to save the priceless relics and artworks inside, French officials gradually started to take inventory of what had been recovered from the wreckage and what had been lost forever, with many — particularly Catholics, who had flocked to the city to celebrate Holy Week — gathering outside to sing hymns and mourn.
But while the spire of the building — which famously dates from the 19th-century restoration,...
But while the spire of the building — which famously dates from the 19th-century restoration,...
- 4/16/2019
- by EJ Dickson
- Rollingstone.com
Features: Alexander McQueen, Bernard Arnault, Joseph Bennett, Detmar Blow, Isabella Blow, Katy England, Magdalena Frackowiak, Jodie Kidd, Gary James McQueen, Janet McQueen, Joyce McQueen, Kate Moss, Michelle Olley, Dana Thomas | Written by Peter Ettedgui | Directed by Ian Bonhôte, Peter Ettedgui
Alexander McQueen’s rags-to-riches story is a modern-day fairy tale, laced with the gothic. Mirroring the savage beauty, boldness and vivacity of his design, this documentary is an intimate revelation of McQueen’s own world, both tortured and inspired, which celebrates a radical and mesmerizing genius of profound influence.
Ian Bonhôte’s documentary on the life and work of enigmatic fashion designer and late visionary Alexander McQueen is an extraordinary insight into one of Britains most charismatic exports, revealing a truly endearing character hidden behind such artistic impression that reveals a haunted genius who gave the world his nightmares through the embodiment of fashion.
The examination and journey into the...
Alexander McQueen’s rags-to-riches story is a modern-day fairy tale, laced with the gothic. Mirroring the savage beauty, boldness and vivacity of his design, this documentary is an intimate revelation of McQueen’s own world, both tortured and inspired, which celebrates a radical and mesmerizing genius of profound influence.
Ian Bonhôte’s documentary on the life and work of enigmatic fashion designer and late visionary Alexander McQueen is an extraordinary insight into one of Britains most charismatic exports, revealing a truly endearing character hidden behind such artistic impression that reveals a haunted genius who gave the world his nightmares through the embodiment of fashion.
The examination and journey into the...
- 11/26/2018
- by Jak-Luke Sharp
- Nerdly
Michael Bloomberg today announced the second Bloomberg Global Business Forum will be held in New York City on September 26th at the Plaza Hotel during the 73rd session of the United Nations General Assembly.
Supported by Bloomberg Philanthropies, the daylong forum is the sole convening dedicated to encouraging presidents, prime ministers and CEOs to collaborate on trade issues by reaching a better understanding of one another’s challenges and mutual opportunities, thereby strengthening global economic prosperity. With protectionism on the rise – as well as worldwide population growth, economic inequality and climate change threats – it has never been more important for the world’s public and private sector leaders to uncover common goals and engage in economic diplomacy to promote continued globalization, innovation and competition. This one-of-a-kind forum will move beyond analysis and provide participants with the chance to shape the next stage of the global economy.
“The Forum comes at...
Supported by Bloomberg Philanthropies, the daylong forum is the sole convening dedicated to encouraging presidents, prime ministers and CEOs to collaborate on trade issues by reaching a better understanding of one another’s challenges and mutual opportunities, thereby strengthening global economic prosperity. With protectionism on the rise – as well as worldwide population growth, economic inequality and climate change threats – it has never been more important for the world’s public and private sector leaders to uncover common goals and engage in economic diplomacy to promote continued globalization, innovation and competition. This one-of-a-kind forum will move beyond analysis and provide participants with the chance to shape the next stage of the global economy.
“The Forum comes at...
- 7/11/2018
- Look to the Stars
Get in touch to send in cinephile news and discoveries. For daily updates follow us @NotebookMUBI.NEWSThe luminously thoughtful French actress Anne Wiazemsky, indelible for her starring roles in Robert Bresson's Au hasard Balthazar, Jean-Luc Godard's Le chinoise, Pier Paolo Pasolini's Teorema and Porcile, and Philippe Garrel's L'enfant secret, has died at the age of 70. Part of her memoir Un an après has been adapted in the controversial film Redoubtable, which premiered at Cannes this year.Significant writings concerning Miramax and The Weinstein Company co-founder Harvey Weinstein's sexual abuse are appearing far and wide: Ronan Farrow for The New Yorker, Jodi Kantor & Rachel Abrams for The New York Times, Heather Graham for Variety, and Naveen Kumar for Vice. Recommended VIEWINGUploaded five months ago and undiscovered until now: Neil Bahadur has found the first trailer for Alan Rudolph's first film in 15 years, Ray Meets Helen.
- 10/11/2017
- MUBI
Sneak Peek new images, plus footage of Oscar-winning actress Jennifer Lawrence, photographed by Patrick Demarchelier, promoting the latest "Dior" Fall/Winter designer handbags, starting September 5, 2016:
"'Christian Dior Se', aka 'Dior', is noted as a a French luxury goods company controlled and chaired by French businessman Bernard Arnault, who also heads Lvmh – the world's largest luxury group.
"Founded in 1946 by designer Christian Dior, today the company designs and retails ready-to-wear, leather goods, fashion accessories, footwear, jewelry, timepieces, fragrance, make-up, and skincare products while also maintaining its tradition as a creator of recognized haute-couture.
"While the Christian Dior label remains largely for women's offerings, the company also operates the Dior Homme division for men and the baby Dior label for childrenswear. Products are sold throughout its portfolio of retail stores worldwide, as well as through its online store.
Click the images to enlarge and Sneak Peek Jennifer Lawrence For 'Dior handbags'.
"'Christian Dior Se', aka 'Dior', is noted as a a French luxury goods company controlled and chaired by French businessman Bernard Arnault, who also heads Lvmh – the world's largest luxury group.
"Founded in 1946 by designer Christian Dior, today the company designs and retails ready-to-wear, leather goods, fashion accessories, footwear, jewelry, timepieces, fragrance, make-up, and skincare products while also maintaining its tradition as a creator of recognized haute-couture.
"While the Christian Dior label remains largely for women's offerings, the company also operates the Dior Homme division for men and the baby Dior label for childrenswear. Products are sold throughout its portfolio of retail stores worldwide, as well as through its online store.
Click the images to enlarge and Sneak Peek Jennifer Lawrence For 'Dior handbags'.
- 9/5/2016
- by Michael Stevens
- SneakPeek
Exclusive: French company Jour2fête closes agreements.
Paris-based distribution and sales company Jour2fête has secured several deals on documentaries about the use of foreign labour and the life and work of photojournalist Robert Doisneau.
Both Merci Patron! and Robert Doisneau: Through The Lens screened here at the Cannes Market and have sold to South Korea (Jinjin Pictures), Brazil (Fenix), Spain (Avalon), Canada (Funfilm) and Portugal (Midas Filmes).
Merci Patron!, which has recorded more than 450,000 admissions following its release in France, has also been acquired for Benelux (O’Brother), Switzerland (Look Now!) and Spain (Compacto Cine).
The film, directed by journalist François Ruffin, is critical of the practice of outsourcing French jobs to foreign labour, and in particular it is critical of one of France’s richest man, Bernard Arnault, chairman and CEO of the luxury goods conglomerate Lvmh.
Paris-based distribution and sales company Jour2fête has secured several deals on documentaries about the use of foreign labour and the life and work of photojournalist Robert Doisneau.
Both Merci Patron! and Robert Doisneau: Through The Lens screened here at the Cannes Market and have sold to South Korea (Jinjin Pictures), Brazil (Fenix), Spain (Avalon), Canada (Funfilm) and Portugal (Midas Filmes).
Merci Patron!, which has recorded more than 450,000 admissions following its release in France, has also been acquired for Benelux (O’Brother), Switzerland (Look Now!) and Spain (Compacto Cine).
The film, directed by journalist François Ruffin, is critical of the practice of outsourcing French jobs to foreign labour, and in particular it is critical of one of France’s richest man, Bernard Arnault, chairman and CEO of the luxury goods conglomerate Lvmh.
- 5/18/2016
- by michael.rosser@screendaily.com (Michael Rosser)
- ScreenDaily
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