Daily Archives: March 6, 2008

John Gapper

Bernard Arnault presumably knows a thing or two about what sells Louis Vuitton bags, or he would not feature so prominently on the Forbes list.

Still, I was struck by seeing the well-worn face of Keith Richards, the Rolling Stones guitarist, in an advertisement in a glossy magazine for Louis Vuitton. You can see the photo hereRead more

John Gapper

The cover line on the Forbes list of the world’s billionaires is: The 1,125 richest people on Earth, and why less of them are American.

Actually, I think that should be “fewer” not “less”, but the underlying point stands. It is indeed remarkable that, of the top 20 richest people in the world at the moment, only four are American. As Forbes notes, half of the top 20 were American two years ago. Read more