Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

For his latest Vuitton collection, Pharrell Williams tapped his best bud Nigo to be co-creative director. And Bernard Arnault made it back from the Trump inauguration to see it.

MSNBC's "Morning Joe" hosts Mika Brzezinski and Joe Scarborough had a meltdown Tuesday after their guest claimed President Trump "co-opted America's heartbeat" by pardoning Jan. 6 offenders. As the chair of the Joint Congressional Committee on Inaugural Ceremonies, the senator accompanied the two men on their trip to the U.S. Capitol.

The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

LVMH has reclaimed its spot as the biggest company in Europe, overtaking Novo Nordisk after a significant drop in the drugmaker's shares. The cause? Concerns that the US governmen

"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.

“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.

When Donald Trump was sworn in on Monday, he was flanked by billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg.Also on the dais was Apple CEO Tim Cook, Open AI's CEO Sam Altman, and Bernard Arnault owner of L-V-M-H which owns luxury brands like Dior and Louis Vuitton.

The list of global businessmen and CEOs sitting on the dais for the inauguration adds up to more than $12 trillion in market value and more than $1 trillion in global wealth. From Elon Musk, to Bernard Arnault,