
Forbes magazine has named LVMH CEO Bernard Arnault as #7 on their list of the world's richest people. His net worth is estimated at an impressive $27.5 billion.
Wowsa!
We're not surprised considering the impressive luxury brands within LVMH including Moët et Chandon champagne, Hennessy, Louis Vuitton, Christian Dior and Marc Jacobs just to name a few.
Enjoy the wealth, honey!
[Image via AP Images.]

Marc Jacobs wasn't effing around when he made his line up for the Louis Vuitton runway show in Wednesday.
Models that walked around the circular runway were icon Elle Macpherson, Victoria's Secret angels Rosie Huntington-Whiteley, Adriana Lima and Alessandra Ambrosio, Sports Illustrated model Bar Refaeli and the oh so popular Coco Rocha.
The curvy models showed off the French label's Fall 2010 collection, which consisted of lots of skirts and dress with the occasional pop of color.
We have to admit that it's nice to see models with a little bit of meat on their bones and actually fill out the dresses.
Do U???
The suits over at Louis Vuitton aren't too happy that their logo appeared in a Hyundai Super Bowl commercial last month, so now they're suing them.
According to Louis V, the automakers have violated a trademark infringement by using their "famous and incontestable" logo. They also note that while other expensive products like caviar and yachts were featured, they remained nameless.
We get what they're saying, but if you look closely at the ad (:03 mark) it doesn't look like they used the iconic LV logo. It looks as if they used the same pattern as those fake bags you can buy at a swap meet.
Watch the commercial in the clip, above!
What do U think? Did they use the LV logo or not???



Forget that $54,000 worth of ugly. Louis Vuitton has come up with a concept likely to appeal to the fashionable masses and for a fraction of the price.
LVMH has launched its Mon Monogram personalization service online! Until now, you could only get customized services in only a few of Vuitton's flagship stores worldwide.
Basically, you'll be able to add your own initials to the classic Louis Vuitton monogram canvas bag. And you'll be able to customize it all online with 17 different color options and stripes to choose from.
Louis Vuitton North America President and CEO Daniel Lalonde revealed:
“Since our founding in 1854, Louis Vuitton has catered to clients wishing to create custom pieces via special order. We are delighted to offer this new platform on louisvuitton.com and in Louis Vuitton stores worldwide.”
The bags available for this option include the Keep All, the Speedy, and the Pegase rolling suitcase models.
And the price for this customization?
It'll set you back between $940 to $4,070.

Loves it!
Louis Vuitton has debuted a pair of their summer shades and they are nothing short of fierce!
The Ella's feature a retro looking visor that comes in pink or green and will set you back $600.
We want a pair! In pink, of course.
[Image courtesy of Louis Vuitton.]