# @drip on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Crba6Ynpv24
- **Gondola URL:** https://gondola.cc/posts/12320465-drip-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/7ae95a318f.jpg
- **Posted:** 2023-04-24T18:10:04.000+00:00
- **Account Owner:** Drip by RapTV (@drip) — https://gondola.cc/drip

## Caption

For Q1 2023, #LVMH (Louis Vuitton Moët Hennessy) reported a 17% increase in Q1 sales, becoming the first European company to surpass $500 Billion USD in market value 📈💰

Following the announcement of its quarterly sales, the company's shares surged by almost 5%. LVMH, headquartered in Paris, anticipates capitalizing on China's reopening post-Covid as travelers resume their luxury spending. 

LVMH's CEO and co-founder, #BernardArnault , currently holds the title of the world's wealthiest individual. Forbes reports that Bernard Arnault & Family claim the top spot on the list of the world's richest, with a net worth of $243.5 billion, surpassing #ElonMusk by $71.3 billion 💸💧

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#LouisVuitton #LouisV #LV #Hennessy #LouisVuittonParis #Fashion #Style #Designer #DesignerFashion #Hypebeast #Hype #Drip #FashionNews #Designerwear

## Stats

- **Views:** 0
- **Likes:** 3,999
- **Shares:** 0
- **Comments:** 53

## Tags

lvmh, hypebeast, style, fashionnews, designer, drip, louisvuitton, hype, bernardarnault, louisvuittonparis, fashion, designerfashion, lv, hennessy, louisv, elonmusk, designerwear

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