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The year 2026 saw a significant decline in Bernard Arnault's wealth, as he lost approximately $33.3 billion since the beginning of the year due to a 26% drop in the company's shares, marking its worst annual performance in history. This coincided with a deterioration in the luxury goods sector's performance, driven by a slowdown in global spending, geopolitical tensions, rising energy costs, and the impact of trade tensions, all of which directly affected Arnault's net worth, which is primarily linked to the performance of the group's shares.
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