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☆ Steve Ballmer, who started as Bill Gates’ assistant, is the 5th-richest person in the world
▼ + stars: | 2023-10-31 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

New York CNN —Bill Gates’ former assistant at Microsoft is now the fifth-richest person in the world, per Bloomberg’s tally, and only one spot behind Gates on the real-time list of the world’s richest people. This figure is only some $5 billion shy of Gates’ estimated net worth of $122 billion. Ahead of Ballmer are only Elon Musk, Bernard Arnault, Jeff Bezos and Bill Gates. And rounding out the top 10 behind Ballmer are Larry Ellison, Warren Buffet, Larry Page, Mark Zuckerberg and Sergey Brin. While Gates dropped out to start Microsoft, Ballmer graduated in 1977 with degrees in applied mathematics and economics.

Persons: Bill Gates ’, Gates, Steve Ballmer, Elon Musk, Bernard Arnault, Jeff Bezos, Bill Gates, Ballmer, Larry Ellison, Warren Buffet, Larry Page, Mark Zuckerberg, Sergey Brin, CNN Ballmer Organizations: New, New York CNN, Microsoft, CNN, Harvard University, Los Angeles Clippers, Bloomberg, Ballmer Locations: New York

☆ Elon Musk's fortune plunged by $16 billion in a single day - but he could lose a lot more and still be the richest person in the world
▼ + stars: | 2023-10-20 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +2 min

Tesla stock tumbled 9% on Thursday after the EV maker reported disappointing third-quarter earnings. The share-price decline meant Elon Musk's net worth fell by $16 billion in a single day. However, Musk remains the world's richest person with an estimated $210 billion fortune. Even so, Musk remains the richest person in the world with an estimated net worth of $210 billion. On Wednesday, Tesla reported third-quarter revenues of $23.35 billion, missing Wall Street expectations of $24.06 billion.

Persons: Elon, Musk, —, Elon Musk, Bernard Arnault, Arnault, Jeff Bezos, Bezos, Tesla Organizations: Service, Bloomberg, Big Tech

☆ Leonardo da Vinci's vineyard closed to public by its billionaire owner
▼ + stars: | 2023-10-17 | by ( Julia Buckley | ) edition.cnn.com time to read: +7 min

La Vigna di Leonardo – or Leonardo’s Vineyard – is said to be what remains of the Milan vineyard owned by Leonardo da Vinci. He bought the Casa degli Atellani – two 15th-century conjoined houses in whose back garden the vineyard sits – in December 2022. The land Da Vinci fought forThe Casa degli Atellani has been bought by billionaire Bernard Arnault. But da Vinci didn’t forget his vineyard, writing notes about it in his “Codex Atlanticus” and successfully arguing for its return to him in 1507. “I hope the Casa degli Atellani and Leonardo da Vinci’s vineyard will remain open to the public,” she said.

Persons: we’ll, Stanley Tucci, Leonardo –, –, Leonardo da Vinci, delle, Vinci, Bernard Arnault, Arnault, Louis Vuitton, Moët Hennessy, Da Vinci, Ludovico ‘ Il Moro ’ Sforza, Sforza, ”, It’s, Leonardo, Luca Beltrami waded, Beltrami, da Vinci, Piero Portaluppi, Francesca Grignaffini, Atellani, Leonardo itineraries, wasn’t, Italy ’, LVMH, Francesca Caruso, she’s, Leonardo da, “ I’ve, Milan Organizations: CNN, intel, Louis, Casa, Independent, Agency, Alamy Locations: Milan, Santa, da Vinci, France, candia, Italy, Arnault, LVMH, Lombardy

☆ 'Wolf in cashmere' Bernard Arnault loses his slot as the world's 2nd-richest man to Jeff Bezos as LVMH stock slips
▼ + stars: | 2023-10-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Jeff Bezos overtook LVMH tycoon Bernard Arnault as the world's second-richest man, per Bloomberg. AdvertisementAdvertisementLVMH founder Bernard Arnault is no longer the world's second-richest person, with his total wealth falling below Jeff Bezos' net worth amid signs of a slowdown in demand for luxury goods. In contrast, Bezos' fortune has ballooned by $49 billion to $156 billion, putting him just ahead of Arnault's $155 billion on Bloomberg's rich list. AdvertisementAdvertisementBoth Bezos and Arnault have previously held the title of the world's richest person, but they currently trail Elon Musk. The controversial X owner's personal fortune has swelled by $97 billion to $234 billion this year, thanks to Tesla's stock price surging by over 100%.

Persons: Jeff Bezos, Bernard Arnault, —, Louis Vuitton, Hennessy —, Bezos Organizations: Bloomberg, Service, Federal, Elon

☆ Birkenstock's stock loses footing in second day on Wall Street
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville/ File Photo Acquire Licensing RightsOct 12 (Reuters) - Shares of Birkenstock (BIRK.N) dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut. In its first session on Wall Street on Wednesday, Birkenstock tumbled over 12% from the $46 price set in its initial public offer, raising $1.48 billion. Last trading at about $37.79 on Thursday, the stock has now dropped 18% from its IPO price. The second-day drop in Birkenstock shares was deeper than a broad Wall Street sell-off, with the S&P 500 (.SOX) last down about 1%. Arm on Thursday slumped 5.2% to $51.70, just above its $51 IPO price on Sept. 13, while Instacart was down 1.7% at $24.52, well below its $30 IPO price on Sept. 18.

Persons: Toby Melville, Birkenstock, Instacart, Bernard Arnault, Louis Vuitton Moet Hennessy, Javier Gonzalez Lastra, Noel Randewich, Lance Tupper, Jonathan Oatis Organizations: REUTERS, SOX, Arm Holdings, Thomson Locations: London, Britain, U.S, French, Tema

☆ The Birkenstock brothers are worth $3.4 billion, even after the shoemaker's shares tanked at its IPO
▼ + stars: | 2023-10-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Two heirs of Birkenstock are now worth $3.4 billion after the company's IPO, Bloomberg reported. Birkenstock listed in New York on Wednesday, but shares opened at 11% below their offer price. AdvertisementAdvertisementTwo of the heirs of German sandal maker Birkenstock are now worth a combined $3.4 billion after the company went public, Bloomberg reported. The nearly 250-year-old company listed on the New York Stock Exchange via an IPO, trading under the ticker "BIRK" and pushing up the fortunes of Alex and Christian Birkenstock. The brothers netted more than €3 billion ($3.2 billion) from that transaction, Bloomberg reported.

Persons: Birkenstock, —, Alex, Christian Birkenstock, Christian, Stephan, Karl Birkenstock, Alex Birkenstock, Bernard, Alexandre Arnault, Charles Dolan, Kendall Jenner, Barbie, boomers, Xers, Gen Zers, Greta Gerwig's, Emma Chamberlain Organizations: Bloomberg, Service, New York Stock Exchange, Warner Bros Locations: New York, Germany, Americas, Europe ., Boston, Barbieland

☆ Bernard Arnault & Birkenstock: LVMH chairman's stake in company
▼ + stars: | 2023-10-12 | by ( Robert Frank | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernard Arnault & Birkenstock: LVMH chairman's stake in companyCNBC's Robert Frank joins 'Squawk Box' with a closer look at one of the big backers of Birkenstock.

Persons: Bernard Arnault, LVMH, CNBC's Robert Frank

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Based on the low end of the range, Birkenstock could be valued at as low as $8.5 billion. Their shares have, however, given up gains since going public, muddying the outlook for the IPO market. As of Tuesday's close, Instacart shares were 10% below their IPO price. The company had disclosed a 21% jump in revenue to 1.12 billion euros ($1.19 billion) for the nine-month period ended June 30.

Persons: Fabrizio Bensch, Bernard Arnault, Louis Vuitton Moet Hennessy, Susannah Streeter, Hargreaves Lansdown, Margot Robbie, Barbie, Tommy Tranfo, Tranfo, Birkenstock, Dior, Stüssy, Manolo Blahnik, Rick Owens, Manya Saini, Niket, Anil D'Silva Organizations: REUTERS, New York Stock Exchange, Arm Holdings, Hargreaves, Reuters, Reuters Graphics, Thomson Locations: Berlin, Germany, French, Langen, Bengaluru

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. The company's IPO raised $1.48 billion after its 32.3 million shares were conservatively priced at $46 apiece, positioning the 250-year-old brand for a smooth market debut. "Arguably, this should position Birkenstock more favorably in an environment where real interest rates are high and still rising. Birkenstock had disclosed a 21% jump in revenue to 1.12 billion euros ($1.19 billion) for the nine-month period ended June 30. The brand has partnerships deal with luxury fashion brands, including Dior, Stüssy, Manolo Blahnik and Rick Owens.

Persons: Fabrizio Bensch, Susannah Streeter, Hargreaves Lansdown, Birkenstock, Javier Gonzalez Lastra, France's Bernard Arnault, Louis Vuitton Moet Hennessy, Margot Robbie, Barbie, Michael Ashley Schulman, Tommy Tranfo, Tranfo, Dior, Stüssy, Manolo Blahnik, Rick Owens, Manya Saini, Niket, Anil D'Silva Organizations: REUTERS, New York Stock Exchange, Hargreaves, Arm Holdings, Tema, Reuters Graphics, Running, Capital Advisors, Thomson Locations: Berlin, Germany, Langen, Bengaluru

☆ LVMH may have to settle for a more humdrum future
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

The disappointing results knocked 6% off LVMH stock on Wednesday and dragged down rivals Richemont (CFR.S) and Kering (PRTP.PA) which also fell about 3%. That may compound investor worries about an overall slowdown of the company that’s behind Louis Vuitton and Christian Dior (DIOR.PA). And China’s economic slowdown and a possible U.S. recession make their future even more uncertain. LVMH is trading at 20 times its expected 2023 earnings after Wednesday's fall. If the less exuberant times keep rolling, LVMH may find itself settling for an even less luxurious valuation.

Persons: Richemont, Bernard Arnault’s, Louis Vuitton, Christian Dior, Karen Kwok, Aimee Donnellan, Streisand Neto Organizations: Reuters, UBS, Hermès, Reuters Graphics Reuters, Qantas, Thomson Locations: Asia, Japan, Brussels

☆ Birkenstock IPO gets predictable shoeing
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

A sign is illuminated at the entrance to a Birkenstock shoe store in London, Britain, October 11, 2023. REUTERS/Toby Melville Acquire Licensing RightsNEW YORK, Oct 11 (Reuters Breakingviews) - Birkenstock’s (BIRK.N) IPO is a flop. The Birkenstock enterprise was gunning for a multiple of 19 times EBITDA, well above that of Europe's luxury conglomerates. And if the first-day stock woes stick, a suitor might soon walk all over Birkenstock. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Toby Melville, L, gunning, Oliver Reichert don’t, Bernard Arnault, Pamela Barbaglia, Jeffrey Goldfarb, Sharon Lam Organizations: REUTERS, Reuters, Tech, Compagnie Financiere, X, Qantas, Thomson Locations: London, Britain, United States, Europe, New York, Brussels

REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsNEW YORK, Oct 10 (Reuters) - German premium footwear maker Birkenstock Holding (BIRK.N) priced its U.S. initial public offering (IPO) at the middle of its indicated price range at $46 per share, the company said on Tuesday. While shares of Arm and Klaviyo still trade above their IPO price, Instacart's stock is now worth less than its IPO value. Birkenstock was founded in 1774 in the German village of Langen-Bergheim by Johannes Birkenstock and his younger brother Johann Adam Birkenstock, who were both shoemakers. After the IPO, L Catterton will hold an 82.8% stake in Birkenstock and control a majority of the combined voting power of its outstanding shares. Birkenstock's shares will start trading on Wednesday on the New York Stock Exchange under the ticker "BIRK".

Persons: Fabrizio Bensch, Birkenstock, Johannes Birkenstock, Johann Adam Birkenstock, Barbie, Margot Robbie, Bernard Arnault, Louis Vuitton Moet Hennessy, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Anirban Sen, Echo Wang, Dimpal Gulwani, Lisa Shumaker Organizations: REUTERS, Birkenstock, underwriters, Arm Holdings, New York Stock Exchange, JPMorgan, Thomson Locations: Berlin, Germany, Langen, French, Birkenstock

Birkenstock would end up raising $1.58 billion at the top of the range. While shares of Arm and Klaviyo still trade above their IPO price, Instacart's stock is now worth less than its IPO value. This helps explain why Birkenstock is not inclined to raise its IPO price range despite the strong initial investor demand. To leave less to chance, Birkenstock launched the roadshow for its IPO last week with some investors lined up. Birkenstock was founded in 1774 in the German village of Langen-Bergheim by Johannes Birkenstock and his younger brother Johann Adam Birkenstock, who were both shoemakers.

Persons: Birkenstock, Financière Agache, Johannes Birkenstock, Johann Adam Birkenstock, Barbie, Margot Robbie, Bernard Arnault, Louis Vuitton Moet Hennessy, Anirban Sen, Chris Reese Organizations: Birkenstock Holding, U.S, Arm Holdings, Nike Inc, Partners, Norges Bank Investment Management, Thomson Locations: New York, Langen, French, Birkenstock

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.

Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley

☆ Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them.
▼ + stars: | 2023-10-02 | by ( Nick Kostov | Photography Lukas Wassmann For Wsj. Magazine | ) www.wsj.com time to read: 1 min

Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them. The youngest son of Bernard Arnault is taking a risk at the LVMH brand: Making a more expensive product—and making it harder to find. “We’re not going to make a ton of money with this. It’s not going to be highly profitable at all, but it’s really about making sure that we switch the message,” says Jean Arnault of the brand’s new strategy.

Persons: Jean Arnault, Louis Vuitton, Bernard Arnault, “ We’re, It’s, ”

☆ Birkenstock walks tightrope with $11 bln price tag
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch Acquire Licensing RightsLONDON, Oct 2 (Reuters Breakingviews) - Birkenstock is taking a bold step forward. Fresh from publicity from the Barbie movie, the German sandals maker is targeting a valuation of up to $11 billion, including debt, in its New York stock listing next week. Hoping to build confidence among investors, owner L Catterton has secured the backing of anchor investors including Bernard Arnault’s investing vehicle Financière Agache and Norway’s wealth fund. At $44 to $49 per stock, the offer values the group’s equity between $8.3 billion and $9.2 billion.

Persons: Fabrizio Bensch, L Catterton, Bernard Arnault’s, Martens, Pamela Barbaglia, Lisa Jucca, Oliver Taslic 私, 「 Organizations: REUTERS, Reuters, Nike, 「 Reuters Locations: Berlin, Germany, New York

☆ Billionaire Bernard Arnault hits back at 'absurd' and 'senseless' money laundering allegations
▼ + stars: | 2023-10-02 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Billionaire LVMH CEO Bernard Arnault has hit back at allegations of money laundering, after the Paris prosecutor's office confirmed it is investigating financial transactions between Arnault and Russian oligarch Nikolai Sarkisov. In a statement, Arnault's attorney, Jacqueline Laffont, said the allegations were "absurd and unfounded." The investigation, seemingly under way, will demonstrate these facts," she said in an emailed statement over the weekend. "Furthermore, who could seriously imagine that Bernard Arnault, who has developed over the past 40 years the leading French and European company, would pursue money laundering to expand a hotel? I believe the senseless nature of these allegations will be recognized by all."

Persons: Bernard Arnault, Nikolai Sarkisov, Jacqueline Laffont Organizations: Paris, Sarkisov Locations: Courchevel

As the subjects of a preliminary investigation, neither Arnault nor Sarkisov are suspects and neither has been accused of wrongdoing. The investigation, apparently ongoing, will not fail to prove this.”“Besides, who can seriously imagine that Mr Bernard Arnault, who has built the leading French and European company over 40 years, would engage money laundering to expand a hotel?” Laffont added. CNN has contacted Tracfin and Sarkisov for comment. LVMH is once again Europe’s biggest company by market capitalization, after being briefly dethroned last month by Danish drugmaker Novo Nordisk (NVO). Arnault’s company encompasses luxury fashion and drinks brands such as Louis Vuitton and Moet & Chandon.

Persons: London CNN —, Bernard Arnault, ”, Arnault, Nikolai Sarkisov, Tracfin, Sarkisov, Arnault’s LVMH, Arnault’s, Jacqueline Laffont, Cheval, Laffont, Le, “, Elon Musk, Louis Vuitton, Moet, Chandon Organizations: London CNN, Paris Public Prosecutor’s Office, CNN, SNC, Bloomberg, Elon, Europe’s, Danish drugmaker Novo Nordisk Locations: Paris, London, Russian, Sarkisov, Courchevel, Blanc, Cheval Blanc, “, Danish

☆ Deal targeted by probe involving LVMH's Arnault was legal, lawyer says
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +1 min

PARIS, Sept 30 (Reuters) - A financial transaction under investigation in France involving LVMH owner Bernard Arnault was carried out in full respect of the law, his lawyer said on Saturday. The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving Arnault and Russian businessman Nikolai Sarkisov. In France, a prelimary investigation does not necessarily imply wrongdoing by those concerned, for whom the presumption of innocence applies. An unidentified Tracfin official told Le Monde the transactions involving Arnault and Sarkisov, who both acted through a complex web of legal entities, could have been aimed at concealing the origins of the funds used. Reporting by Mimosa Spencer; writing by Leigh Thomas; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Bernard Arnault, Nikolai Sarkisov, Sarkisov, Cheval, Jacqueline Laffont, Le, Mimosa Spencer, Leigh Thomas, Christina Fincher Organizations: Reuters, Le Monde, Thomson Locations: France, Paris, Russian, Le, Cheval Blanc, Courcheval

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☆ Authorities are investigating LVMH billionaire Bernard Arnault in potential money laundering probe
▼ + stars: | 2023-09-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Officials alleged that Arnault paid Sarkisov about €20 million to own the assets. AdvertisementAdvertisementThe Paris public prosecutor's office said Friday that it is investigating billionaire LVMH CEO Bernard Arnault's dealings with Russian businessman Nikolai Sarkisov, according to multiple media reports. French daily newspaper Le Monde reported that officials are looking specifically into real estate transactions between the two individuals in the ski resort of Courchevel. In 2018, Le Monde said, Sarkisov purchased multiple properties in Courchevel using intermediary companies. Investigators told Le Monde that the transactions look like they masked the origin of the funds, and who the ultimate buyer actually was.

Persons: Bernard Arnault's, Nikolai Sarkisov, Arnault, —, Prosecutors, Le Monde, Sarkisov, Le, Le Monde's, Elon Musk, it's Organizations: Officials, Service, Le Monde, Bloomberg Locations: Russian, Courchevel, Paris

☆ LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions
▼ + stars: | 2023-09-29 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. The prosecutor's office declined to comment further on the ongoing investigations. The Paris public prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov. "All transactions were carried out by French companies, through French notaries by French lawyers on all sides. He added that neither the company nor Sarkisov had received any request for documents from French authorities.

Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, Le, Sarkisov, France's, Nikolai Sarkisov, Arnault, Igor Ivanov, Ivanov, LVMH Organizations: LVMH, CNBC Locations: Paris, France, Arnault, Belgium, Courchevel

☆ King Charles arrives in France for state visit
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

[1/3] French Prime Minister Elisabeth Borne greets Britain's King Charles ( and Britain's Queen Camilla upon arrival at the Orly Airport on September 20, 2023, on the first day of a state visit to France. Here's the latest:* The plane carrying Charles and Camilla has landed at Paris' Orly airport, where they were greeted by French Prime Minister Elisabeth Borne. Charles and Camilla tweeted in English and French, along with a video of Charles getting on the plane. Your Majesty, welcome," Macron tweeted in English, alongside a video clip of Charles' past visits to France. Macron and Charles have in particular shared correspondence and insight on the restoration of the Notre-Dame cathedral, ravaged by fire in 2019.

Persons: Elisabeth Borne, Britain's King Charles, Queen Camilla, MIGUEL MEDINA, King Charles, Emmanuel Macron, Charles, Camilla, Borne, Mireille, Queen Elizabeth, Parisian Marie, Helene Aubree, Eric Frizzi, he's, Macron, À, Louis XIV, Hugh Grant, Charlotte Gainsbourg, Mick Jagger, Ken Follett, Emma Mackey, Bernard Arnault, Xavier Niel, Arsene Wenger, Didier Drogba, Michel Rose, Ingrid Melander, Bernadette Baum Organizations: French, Airport, REUTERS Acquire, Rights, France's, Parisian, European Union, Notre, Dame, of Mirrors, Thomson Locations: France, Paris, Bordeaux, Britain, of Versailles, British, French

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Her successor, Prime Minister Rishi Sunak, visited France in March to kick off what he called an "entente renewed". Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Charles, Camilla, Macron, Brigitte, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Arsenal, Notre, Dame, Adelaide de Clermont, Vue, Reuters, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, of Versailles, British, French, Adelaide, Paris, London

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