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Who is Bernard Arnault, the billionaire who dethroned Elon Musk?

Do you know Bernard Arnault? Without any fanfare, Arnault dethroned Elon Musk as the richest person in the world. Musk has therefore been relegated to second place in this list.

The gentleman is by no means polarizing, he is very discreet, unlike Musk, and he runs his French luxury company LVMH with a masterful hand.

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Arnault is the first European to top Bloomberg’s list of the world’s richest people, having already knocked Musk off the top rung of Forbes’ “real-time billionaires” list last week.

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Recall that Musk’s net worth, the already controversial new owner of Twitter, dropped from $107 billion in 2022, again according to the Bloomberg Billionaires Index.

In the case of Arnault, the drop was less drastic, by “only” $7 billion.

Despite a heavy loss due to his purchase of the social network, Musk’s fortune is comfortably ahead of Indian industrialist Gautam Adani ($125 billion) and Amazon founder Jeff Bezos ($116 billion).

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In closing, let’s point out that Tesla’s share price fell by 54% in 2022, while LVMH’s share price retained its value due to colossal sales in the US and Europe.

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It happened on a… January 27

2018

Australian Open Women’s Tennis: Caroline Wozniacki beats Simona Halep 7-6, 3-6, 6-4 to win her first Grand Slam title.

2010

Steve Jobs unveiled the Apple iPad.

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1984

Michael Jackson is burned during filming for Pepsi commercial.

LA Kings end Wayne Gretzky’s NHL-record 51-game scoring streak.

1967

A fire in the Apollo 1 Command Module kills astronauts Gus Grissom, Ed White and Roger B. Chaffee during a launch rehearsal.

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1961

Montreal starts to build subway, at estimated cost of $300 million; Quebec agrees to help with financing.

1956

“Heartbreak Hotel” single released by Elvis Presley, his first million-selling single.

1944

Siege of Leningrad lifted by the Wehrmacht after 880 days and more than 2 million Russians killed.

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1926

John Baird, a Scottish inventor, demonstrated a pictorial transmission machine called television.

1918

“Tarzan of the Apes”, 1st Tarzan film, premieres at Broadway Theater.

1880

Thomas Edison patents electric incandescent lamp.

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1721

First regular mail coach service starts between Quebec and Montreal.

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Couche-Tard convenience stores soon to be cashier-less?

The Couche-Tard convenience store chain is currently conducting tests in one of its Montreal stores.

Don’t look for a cashier, there isn’t one.

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A bit like Amazon a few years ago, the multinational Couche-Tard is launching the robotization of its operations. In this convenience store, there is no cashier and the customer pays with his or her smartphone.

This experimental convenience store is located onMcGill University ‘s downtown campus. It is in partnership with the Retail Innovation Lab of the academic institution that the project is conducted. This unique partnership allows for cutting-edge research and testing of innovations, including frictionless technologies, to transform the customer experience like never before.

Located on the first floor of the Bronfman Pavilion, the Couche-Tard convenience store offers for the first time a contactless payment system that uses cameras throughout the store to track your purchases, without any human interaction.

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While the location is becoming the ultimate in technology, it also allows researchers at the Bensadoun School of Retail Management to test new retail strategies in a real-world setting.

@desautelsmcgill

Check out the BSRM Retail Innovation Lab! Spin the wheel for a special prize, only today! #mcgilluniversity #mcgilltok #montreal #mtl #mcgill #studentlife #campus #coffeetiktok #coffee

♬ Chill Vibes – Tollan Kim

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As a TikTok from the Desautels School of Business shows, the buying process is quite simple. First, you scan a QR code at the store entrance, download an app and enter your payment information, and shop. When the products are found, all that’s left to do is pay with your phone.

McGill University

It remains to be seen whether Couche-tard will follow in Amazon’s footsteps in the future by offering biometric payment…

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Diddy spends the price of a Honda Civic a day on his hair

It’s not easy to find a look that stands out from the crowd, but when you look at the rappers, it’s obvious that the inspiration rises immediately.

Obviously, these rappers take great care of their daily appearance since they are regularly in the spotlight, in front of cheering fanatics.

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The rappers’ clothing look is crucial, but the haircut, beard trimming and daily maintenance are also important.

Many of these rappers pay a fortune in grooming, as is the case, among others, of King Combs, YK Osiris or Diddy, the most legendary of this group.

Legendary Diddy is the one who spends the most to make sure his hair is always on point. The 53-year-old legend reportedly spends $5,000 a day on hair and beard maintenance. A simple haircut would cost him $1000.

It would sometimes cost him the price of a Honda Civic per week…

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In the case of YK Osiris, who is very active on social media, he doesn’t mind showing off all the money he gives to his barber every week. Like Diddy, his haircut costs him $1000…

King Combs, Diddy‘s son, also spends several sheets to get his hair cut. It also costs him 1000 dollars per cut, which proves that the thesis “the apple didn’t fall far from the tree” holds true.

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