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and they say there isn't money in fashion

and they say there isn't money in fashion

Hayek_pinault >> Forbes magazine recently did their roundup of the world's billionaires, and lo-and-behold, those French fashion rivals Bernard Arnault and Francois Pinault both made the cutoff.  Arnault, CEO of LVMH Moet Hennessy Louis Vuitton (read: Marc Jacobs, Givenchy, to name a couple) and Christian Dior SA, came in at 7th richest person in the world.  Pinault, owner of PPR (read: YSL, Balenciaga, to name a couple) rang in at 34th richest person in the world, poor man. 

Although Pinault might win in the end after all -- his son Francois-Henri just announced his engagement to Salma Hayek, who is expecting their first child.

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