Bernard Arnault, Second Wealthiest Globally, Under Investigation for Money Laundering

Money Laundering Allegations Surround Bernard Arnault, the Second Richest Person Worldwide

The world’s second-richest man and LVMH owner, Bernard Arnault, is being investigated by the Paris public prosecutor’s office for possible money laundering. The office is probing Arnault’s financial transactions involving Russian oligarch Nikolai Sarkisov. Sarkisov acquired real estate at a luxury Alpine resort with the help of a loan from Arnault.