Why CEO of Louis Vuitton Is So Rich

The CEO of Louis Vuitton, richest person in the world. Sometimes he's the second, sometimes he's the third. How did he get there? Because everybody wants to look rich in 2021. We were in a recession, but luxury products were breaking. New contracts. Come on, really. Stimulus checks went out. People had cash. And some people used that money to save. Some people use that money to pay down debt. Some people invested that money. But a big chunk of people took that money to places like Gucci, Louis Vuitton. And it's becoming easier and easier because of things like buy now, pay later.