In California, the number of very large fortunes has risen 158% in just two years. In 2021, the Golden State had 288,000 millionaire residents. Today, it has more than 110 billionaires.
[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] Automakers Mercedes-Benz and Ford have raised their forecasts for 2023, following the revelation of earnings well above expectations in the second quarter. The reasons? Rising orders and sales and
[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] The French group Hermès reveals a clear increase in the first half of the year. Its consolidated turnover over the period amounted to 6,698 million euros, up 25% at
[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] On the occasion of the publication of its half-yearly results, the luxury group Kering announced that it had taken a 30% stake in Valentino, for an amount of 1.7