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        <title>How Louis Vuitton Took Over Asia</title>
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        <description>Moet Hennessy Louis Vuitton SE or LVMH is one of Europe's largest companies, with a market capitalization of $350 billion. As of this writing, the company's co-founder and controlling shareholder Bernard Arnault is worth over $100 billion and is the third richest man in the world. LVMH's fortunes have risen with the luxury boom in Asia - first in Japan and then China. In 2021, Asia including Japan delivered 26.7 billion euro of revenue - 60% more than the United States' 16.6 billion euro. Links: The Asianometry Newsletter: https://asianometry.com, Patreon: https://www.patreon.com/Asianometry, The Podcast: https://anchor.fm/asianometry, Twitter: https://twitter.com/asianometry</description>
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