
(FILES) LVMH chairman and CEO Bernard Arnault delivers a speech during the annual general meeting of the world's leading luxury group LVMH at the Carrousel du Louvre in Paris on April 23, 2026. Bernard Arnault, the head of global luxury giant LVMH, has been ordered to pay nearly 22.5 million euros in back tax, according to a ruling by the Paris Administrative Court seen by AFP. The billionaire, France's wealthiest individual, and his wife may lodge an appeal with the Council of State. (Photo by Ludovic MARIN / AFP via Getty Images)

