On a scale of 1-100, how excited should Cebuanos be for Wavy Baby?
A THOUSAND! — that’s how International and Careless Music artist James Reid describes the hype for the upcoming biggest music festival in Sugbo, Wavy Baby.
Photo from Wavy Baby Music Festival Facebook Page
Jam and vibe with your favorite musicians as Wavy Baby introduced their impressive line-up of both local and international artists. Wavy Baby is Careless’ first music festival and it is the biggest one yet in the Philippines. The festival is happening from January 13-14, 2023 at the North Reclamation Area in Mandaue City.
A bunch of international names will rock the roof of the entire place such as Pink Sweat$, Bambam, Sunmi, and The Rose among others. And of course, Careless’ own talented artists will perform as well such as James Reid, Destiny Rogers, Massiah, and more. There will also be performances by Ben & Ben, December Avenue, and other famous OPM Artists.
Artist Lineup | Photo from Wavy Baby Music Festival Facebook Page
Of course, to complete the line-up, Sugbuanons are loud and proud as various Cebuano talents will also grace the Wavy Baby stage such as Cookie$, The Sundown, Mandaue Nights, Three Legged Men, and Wonggoys.
Music is not the only thing you have to look forward to during Wavy Baby. There is also a designated Cocktail Pod to purchase drinks and a Market Pod for you to grab food and other items to purchase. There will also be a designated Sponsor’s Hive where brand partners can showcase their products and offers to the attendees.
Wavy Baby Site Map | Photo from Wavy Baby Music Festival Facebook PageWavy Baby Site Map | Photo from Wavy Baby Website
Ticket Prices:
Gen Ad: ₱4,260 (good for 1 person with a 2-day pass)
VIP: ₱8,510 (good for 1 person with a 2-day pass)
VVIP: ₱80,000 (with table good for 6 persons with a 2-day pass)
Photo from Wavy Baby WebsitePhoto from Wavy Baby Website
Event Details:
Dates: January 13-14, 2023 (Ticket purchases are good for 2 days)
Time: Gates open at 3 PM
Venue: Vacant lot beside bai Hotel in North Reclamation Area, Mandaue City, Cebu (Across Parkmall)
For more information, you may visit Wavy Baby’s official Facebook page and Website. Do you wanna know more about the biggest music festival during Sinulog? Read more here.
What a grand way to celebrate the big comeback of Sinulog 2023. When we say Wavy, you say Baby! Party and vibe at the biggest music festival yet, Wavy Baby 2023.
The threat of the COVID-19 pandemic still lingers in the country and in the world. Front liners and scientists still make an effort to help keep the Corona Virus disease at bay and flatten the curve.
Photo from Unsplash
New Variant: COVID-19 XBB.1.5
The US Centers for Disease Control and Prevention’s Covid-19 variant dashboard showed that there is a new variant which is the XBB.1.5. The new variant came from two different BA.2 variants. The XBB.1.5 is said to be related to the XBB variant which was responsible for the surge in Singapore.
This variant is more infectious than the others and spreads easily as well. The new variant is also concerning since it is highly immune evasive than other XBB omicron variants.
Photo from Unsplash
According to the director of Covid-19 sequencing at the University of Washington School of Medicine’s virology lab, Pavitra Roychoudhury, they have not witnessed other variants that take off with such speed as the XBB.1.5.
Epidemiologists and Virologists suggest that the new variant could have features that can possibly cause a surge of new cases in the US.
COVID-19 XBB.1.5 Symptoms
The new variant’s symptoms do not have any differences from the existing COVID symptoms. According to Dr. Arwady, Commissioner of the Chicago Department of Public Health, people who are vaccinated do have symptoms similar to the common cold only.
Photo from Unsplash
Area with the Highest XBB.1.5 Variant Cases
As of now, the U.S. has the highest number of XBB.1.5 cases with more than 40%. This is according to the Centers for Disease Control and Prevention’s tracking numbers.
Photo from Unsplash
No XBB.1.5 Variant Cases in the Philippines
The Department of Health informed that there are no reported cases of XBB.1.5 variant in the Philippines. DOH assured everyone that there are still COVID-19 surveillance measures to be implemented to make sure that potential variant will be detected when it enters the country.
Manila, Philippines | Photo from Unsplash
DOH continues to remind everyone to still where layers of protection like wearing facemasks. Proper sanitation, social distancing, vaccination, and boosters are still also highly encouraged.
Sugbuanons, you are in for a blast as another music festival is coming your way. With an all-Bisaya artists lineup, the VisPop Music Festival will grace Cebuanos during the most-awaited Sinulog 2023.
Photo from Vispop Facebook Page
All about VisPop Music Festival
Artists gather for the VisPop Music Festival and perform for the audience. The event guarantees 100% Bisaya performers to bring out the proud Bisdak in you.
The VisPop Music Festival will be on January 11, 2023, at 1 PM, at The Terraces, Ayala Center Cebu.
The festival’s production team is going all-out with impressive and proud Bisaya line-ups. From solo artists to bands, the VisPop Music Festival is definitely something to be keen about.
Photo from Vispop Facebook Page
Here is the complete and official line-up
Missing Filemon
Oh! Caraga
TJ Monterde
Kurt Fick
Jacky Chang
Jewel Villaflores
Jerika Teodorico
Lourdes
Joseph Gara
Ferdinand Aragon
Relden
Jong
Mandaue Nights
Rapollo
Gustav
Bathalad
Photo from Vispop Facebook PagePhoto from Vispop Facebook Page
Some of these artists even performed at the 2022 NCCA Sudi National Music Awards alongside other famous Filipino musicians.
Wait, there’s more! The official Facebook Page for VisPop recently announced that the festival is free admission. No tickets, no fees, just pure entertainment.
A day full of Musikang Binisaya is definitely something to look forward to this Sinulog 2023. Let’s go and Let’s vibe at the Vispop Music Festival.
Photo from Vispop Facebook PagePhoto from Vispop Facebook PagePhoto from Vispop Facebook Page
January has come, and Sinulog is fast approaching. Ready to dance to the beat and party to the concerts during the event? You’ll surely be in for an immersive and worthwhile experience during the event.
However, after the partying and rocking, you’ll want to lie down and rest for another day of fun and jive. Cebu offers many places for you to choose from, although some of them may break the bank for you. If you’re looking for affordable yet comfortable places for your stay during Sinulog Week, here are 8 places we’ve found just for you (as of January 2, 2023)!
1. Aberdeen Haus
A noteworthy addition to Cebu, Aberdeen Haus in Mabolo is a wise choice for tourists. This hotel is well-positioned for visitors to experience the nearby well-known city attractions. Being only 3 miles from Basilica De Sto. Niño staying at Aberdeen Haus in Mabolo makes it simple to experience the finest of the city’s culture.
Photo from Agoda
Photo from Agoda
Photo from Agoda
Location: Joaquino Corner S. Cabahug Street, Mabolo, Cebu City, Cebu
This location is ideal for a quick break with your loved ones because it’s easy to travel to and convenient for visiting a variety of activities. You’re in for the following perks when you choose to stay here:
5-minute drive to the supermarket, public market, private and public hospitals, and schools.
Staying at RedDoorz near Southwestern University places you in the heart of the city amidst the various attractions and landmarks, allowing you to experience the best of Cebu. The city’s must-see locations are easily accessible because of its excellent position, making it simple to experience Cebu’s real culture.
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Photo from Agoda
Location: 38A Tambis Street, Sambag 1, Urgello, Cebu City, Cebu
In Cebu City, the Cebu Leisure Lodge offers lodging with a restaurant, free WiFi, and free private parking for travelers who drive. Not far from the property is Ayala Center Cebu which is 2.9 km away, Colon Street is 3.2 km away, and Magellan’s Cross is 3.8 km away.
Photo from Cebu Leisure Lodge via Agoda
Photo from Cebu Leisure Lodge via Agoda
Photo from Cebu Leisure Lodge via Agoda
Photo from Cebu Leisure Lodge via Agoda
Photo from Cebu Leisure Lodge via Agoda
The hotel offers its visitors room service and a front desk that is open round-the-clock. Every room at Cebu Leisure Lodge has air conditioning and a private bathroom, along with a flat-screen TV.
Arkiprime Avida Condo Rental in Cebu City offers lodging with a private pool. The Cebu Grand Convention Center is 1.4 km away, Ayala Center is 2.6 km away, and SM City is 3.4 km away from the air-conditioned lodging. The lodging has a kitchen, and visitors can make use of the free WiFi and on-site private parking.
Everything in this condo unit is easily accessible and comfortable; the apartment’s rooms come with air conditioning and linen service for your comfort. They also include television and other facilities for in-room entertainment. Instant coffee and instant tea are available in a few select rooms too.
Because it’s close to numerous attractions and is simple to get to, this place is great for a quick getaway with your loved ones. You’ll also enjoy the spectacular view of the city from this unit. When you decide to stay here, you’ll enjoy benefits, such as:
A mere two-minute distance from SM City Cebu.
The laundry shop and Bo’s Coffee are close to the lobby.
Five-minute distance from IT Park, Ayala, Robinson Gallery, and banks.
5-10 minutes distance from UC-MED, Chong Hua, and Cebu Doctors Hospital.
Availability of jeepneys and other forms of transportation in front of the building.
Travelers who wish to experience Cebu’s sights and sounds should stay at Skyblue Hotel. With its outstanding position in the heart of the city, the Skyblue Hotel offers guests in Cebu a chance to escape the metropolis. A pleasant stay for visitors is guaranteed by the amenities and services offered by Skyblue Hotel.
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Photo from Skyblue Hotel via Agoda
Location: 3rd Floor Coast Pacific Business Center, Cebu City, Cebu
When staying at Cebu Guest Inn, you won’t miss a thing in Cebu. This serviced apartment is conveniently located near Cebu, making it simple to go around. With a stay at Cebu Guest Inn, you can discover the real Cebu that most tourists never get to experience.
Comfy rooms, spacious rooms, and a spectacular city view: these features await you in Mountain View Queen Studio Unit. Aside from those perks, you get to enjoy easy access to public transportation and ideal proximity to important places near the city, such as:
SM City Cebu Mall (5 mins walk)
airport (20 mins. drive)
seaport (5 mins. drive)
Basilica Minore del Sto. Niño and Magellan’s Cross (10 mins. drive)
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Photo from Mountain View Queen Studio Unit via Agoda
Wishing for more travels this 2023? Make it happen!
Good news! For travel deals that won’t break the bank, Cebu Pacific is offering seat sale promotions from Cebu to domestic destinations and vice versa for as low as P1. The routes on sale include Boracay, Manila, Bacolod, Clark, Davao, Ozamiz, among many others.
The sale period has already started and will end on January 6, 2023.
For the same price, you may also book one-way excursions to Tokyo, Hong Kong, Dubai, Bali, Bangkok, and other overseas locations if you wish to enrich your travel experience.
Seat Sale Promo:
Destinations: Selected domestic and international destinations from Manila or Cebu.
Sale Period: January 3 to January 6, 2023
Travel Period: February 1 to May 31, 2023
NOTE:
Quoted DOMESTIC one-way base fares are inclusive of a 7-kg hand carry baggage allowance, but exclusive of Web Admin Fee, 12% VAT, Terminal Fees, and Fuel Surcharge.
Quoted INTERNATIONAL one-way fares are inclusive of a 7-kg hand carry baggage allowance, but exclusive of Web Admin Fees for short haul and long haul flights, respectively and Php550 International Terminal Fee, and Fuel Surcharge.
People are on the watch for the hot comeback of their favorite stars and shows. However, in tourist spots of Cebu — there are also comebacks that you have to watch and keep an eye for.
Tourists can’t help but fall for the charms of Tyche Beach Resort in Catmon. We never know that glow-up could be this beautiful. After Tyche Beach took over the previous resort that formerly stood, it immediately gave the tourists the hot comeback they needed.
Photo from Tyche Beach Facebook Page
Tyche Beach Resort’s Transformation to a Cleaner Beach
Under new management, the whole area was revamped. It underwent tremendous and rigorous overhauling and renovation. Now it transformed into the beautiful beach that we know today. Since then, the beach has been frequently visited by a lot of tourists, especially vloggers.
Photo from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook PagePhoto from Tyche Beach Facebook Page
Calling the inner “laagans” of tourists to check out the transformed area. People are drawn and they always end up visiting out of curiosity. Don’t keep your “Ahs” and “Ohs” hidden in your closet. Why not open it for some time, and visit the area?
RATES & OTHER INFORMATION
DAY USE:
Entrance fee:
Adults – ₱150; Child (Ages 3-10) – ₱50
20% Discount for PWD and Senior Citizens, just present a Valid ID
Opening hours: 8 AM – 5 PM
COTTAGE FEES:
Cottage: ₱1500, good for 10 persons
ROOM RATES:
Beachfront View Rooms Good for 2 with breakfasts
Weekday (Mon-Thu)
Premium – ₱2,788
Deluxe – ₱3,388
Weekend (Fri-Sun & Holiday)
Premium – ₱2,988
Deluxe – ₱3,588
OTHER INFORMATION:
Corkage fee:
Whole Lechon – ₱500
Other Food – Free
Drinks – ₱20/pack
Parking Fee: Day-use Guests (Parking Area Opening Hours: 8 AM – 5 PM)
Sedan, SUV, Multicab – ₱100
Van – ₱150
Free Parking for In-House Guests
In-house Resto & Bar Opening Hours: In-House Guests – 7:00 A.M.
Exact location: Km 51 North Cebu, Catmondaan, Catmon, Northern Cebu
BY BUS: Ride any northbound bus in Cebu North Bus Terminal going to Sogod or Catmon. Ask the driver to drop you off at Km 51 in Catmon. The resort is just along the road.
BY CAR: Navigate with Waze or Google Maps and set your destination to “Tyche Beach” in Catmondaan. Parking space is available.
Swimming with the fishes is taken to a whole new level in Moalboal’s Sardine Run. Dive in and witness the jaw-dropping phenomenon of various schools of sardines just swimming about casually in the waters of Moalboal.
Moalboal, CebuPescador Island, Moalboal | Photo by Jubert ValmoresPhoto by @taeyupkim_yupee via IG
WHAT IS SARDINE RUN?
The Sardine Run is a phenomenon where large numbers of sardines swim about in groups big enough to block out the light from the sun. They make their way from the deep into the shallows to feed on planktons. It is not unique to the Philippines and is also an event which can be witnessed in South Africa. Although the South African Sardine Run holds the title of the greatest sardine run in the world, Cebu’s Sardine Run can still hold a candle as the second best.
The best thing about the sardine run is that it is completely ethical since the schools swim of their own accord to Panagsama Beach without fishermen attracting or herding them for the tourists so guests can participate in this event with a clear conscience.
They’re also basically harmless and swimmers can swim in and out of the schools, getting completely surrounded by shimmering fishes without getting a single scratch. About 20-30 meters farther from the shore, divers and swimmers will also be able to witness vibrant coral reefs plunging 70 meters into the abyss and predators such as Tuna and Jack preying on the copious schools of sardines.
Photo by Junn Aya Calo
To preserve their numbers, the local government and tourism office have made a deal with the fishermen to only catch fishes using hook and line, enough to feed their family.
WHERE TO WATCH THE SARDINE RUN?
Tourists don’t have to dive too deep to look for the sardines as the event can be witnessed on a daily basis just 30 meters off the coast of Panagsama Beach. It is extremely accessible to tourists because they won’t need sophisticated equipment to reach the sardines – they just need to put on some goggles, dive in the water, and they’re all set for the show.
Unlike in South Africa where the sardine run phenomenon only occurs for a few weeks around May – July when temperatures are around 19°C, Moalboal’s Sardine Run occurs all-year round.
Although sardines typically love to swim in cool waters with temperatures of 14°C to 20°C, they can be seen on a daily basis near Panagsama Beach but in smaller numbers during the hotter seasons. The best time to visit Panagsama Beach for the Sardine Run is during the months of November to May when the rains aren’t blurring the view in the water.
RATES & OTHER INFORMATION
What to know?
OPERATIONAL HOURS: 6:00 AM until 3:00 PM only.
SAME GROUP TOUR: Only persons travelling in the same group shall be allowed to board the boat or banca.
EQUIPMENTS: Divers are strongly encouraged to purchase or bring their own masks, Buoyancy Control Devices (BCD), mouthpieces, snorkeling tubes, and other related gears to avoid sharing of equipment.
Masks, mouthpieces, and snorkeling tubes should neither be rented out nor shared but may be sold by the establishment.
HYGIENE & SANITATION: Tourists shall bring their own towels and refillable water tumblers.
Towels and water tumblers shall not be rented out but may be sold by the establishment.
Spitting on masks for defogging is strictly prohibited. For this reason, spray bottles with diluted baby shampoo shall be provided.
Properly sterilized equipment should be stored in sterilized and sealed containers, which shall be labeled or tagged for easy identification.
WHAT TO DO AND EXPECT: For marine protection rules, you can take pictures but please NO TOUCHING and HARMING of the sardines, turtles, corals and other marine life. There is a municipal ordinance or administrative fine of P2,500.00 per person, per violation in any of these rules. We have “Bantay Dagat” or watchers deployed at the sites.
After your activities, you may rinse at the shower area. Please use your personal towels as we do not allow any towel rentals. Toilets are also available and you can use them for free.
Exact location: Moalboal, Southern Cebu — 3-4 hours away from the city
BY BUS: Find your way to Cebu South Bus Terminal (as of writing, located at Lantaw SRP). From the bus terminal, ride a bus bound for Bato-Barili. Travel time takes about 2.5 – 4 hours depending on the traffic in the city.
BY CAR: Navigate with Waze or Google Maps and set your destination to “Panagsama Beach Resort” in Moalboal, Cebu. Parking space is available upon arrival.
The holidays are done and everyone is almost back to reality with their work, but there’s still time for you to enjoy the rest of the season! Going out far may not be an option for most right now, but you can always opt for staycations for a relaxing experience.
Photo from Maayo San Remigio Facebook PagePhoto from Maayo San Remigio Facebook Page
Many resorts can give you this experience, but Maayo San Remigio can provide you with the staycation experience of your lifetime. More than that, they have these five activities to help you have fun and enjoy your staycation!
1. Crystal Kayak
Got any certain weekend plans already? If not, come paddle the crystal-clear waters with Maayo’s crystal kayak for ₱500 an hour. Crystal kayaks are transparent, which makes them different from normal kayaks and allows you to capture beautiful pictures of yourself surrounded by the natural beauty of the sea. You can also see the turquoise waters underneath the kayak.
Their crystal kayak amenity is available for day use from 9 AM to 5 PM.
Photo from Maayo San Remigio Facebook Page
2. Stand-up Paddle Boarding
Are you looking for something else to do on your weekend adventure? Don’t let the weekend get you down; instead, come to the seashore to enjoy standup paddleboarding for only ₱500 per hour! Guests will be provided with life jackets, and licensed lifeguards are also by the side to ensure the safety of everyone, should things go down south.
Photo from Maayo San Remigio Facebook PagePhoto from Maayo San Remigio Facebook Page
You can avail of their stand-up paddle boarding amenity for day use from 9 AM to 5 PM.
3. Laag-Laag sa Isla
Looking to make the most out of your staycation? Why not bring it a notch higher and take it outdoors? A tropical paradise awaits you in the different nearby islands, which you can experience with Maayo’s Laag-Laag sa Isla island cruise!
Photo from Maayo San Remigio Facebook PagePhoto from Maayo San Remigio Facebook Page
During the cruise, you get the chance to explore the beautiful islands of the Virgin Islands, Kinatarkan, and many more. Hop on an adventure of your lifetime and embrace the island vibe!
Rates
Bangka Uno (5 pax) – ₱2,500
Bangka Dos (5-10 pax) – ₱3,000
Bangka Tres (10-15 pax) – ₱3,500
4. Laroy-Laroy sa Norte
When you’re done exploring the islands, you can wrap the touring experience up with Maayo’s Laroy-Laroy sa Norte tours! Here, you get to explore the majestic and wondrous views of northern Cebu. These spots include the Replica of Capelinha de Fatima, the Bamboo Forest of Medellin, Marz Valley Nature Park, and more.
Photo from Maayo San Remigio Facebook PagePhoto from Maayo San Remigio Facebook Page
Rates
Package Uno (5 pax) – ₱9,000
Package Dos (5-10 pax) – ₱10,000
Package Tres (10-15 pax) – ₱12,000
Package Kwatro (5 pax) – ₱14,000
Package Cinco (5-10 pax) – ₱15,000
1. Masahe (Traditional Filipino Hilot)
After a long day of adventure with the aforementioned activities, you can relax, reflect, and recharge with their traditional Filipino massage or hilot services. Hilot frequently refers to the pressure or rubbing applied to the muscles and joints to aid in the body’s healing. But in contrast to spa treatments, a hilot massage is thought to bring balance and harmony back to a person’s body.
Photo from Maayo San Remigio Facebook Page
They offer indoor and outdoor massages, as well as extensions for people who like to add more time to their massage sessions. Their Masahe services are available from 9 AM to 9 PM.
Rates
Indoor Massage (1 hour) – ₱800
Outdoor Massage (1 hour) – ₱650
Extension (30 mins.) – ₱300
Aside from its fun activities and the surrounding lush vegetation, its accommodations frequently exude an air of grandeur. Indeed, Maayo San Remigio is your little piece of paradise, making it Cebu’s dazzling jewel in the north.
RATES & OTHER INFORMATION
DAY USE:
Day use fee: ₱300 per head
Time: 9AM to 5PM only
REGULAR ROOM RATES:
Deluxe Room: ₱2,500 per night, good for 2 adults & 2 kids
Family Room: ₱4,000 per night, good for 4 adults & 2 kids
Deluxe Villa: ₱3,000 per night, good for 2 adults & 2 kids
Barkada Villa: ₱4,000 per night, good for 5 adults
Deluxe Plus Villa: ₱4,500 per night, good for 2 adults & 2 kids
Family Villa: ₱5,000 per night, good for 4 adults & 2 kids
Inclusive of plated breakfast
Extra person is charged ₱500 per person per night with extra bed and plated breakfast.
Exact location: Victoria, San Remigio, Cebu — approx. 3 hours away from the city.
BY BUS: From the North Bus Terminal, ride any bus going to San Remigio or Tabuelan. Tell the driver to drop you off at Iglesia ni Cristo – Victoria. Bus fare is ~₱155 (one-way). From there, ride a motorbike (habal-habal) going to the Maayo San Rem resort. Fare is ~₱25 per person.
BY CAR: If you’re driving your own car, just navigate with Waze or Google Maps and pin your location to “Maayo San Remigio” or refer to the map below. Parking space is available.
Spot gold increased 0.2 percent on the final trading day of 2022 to reach USD1,818.70 (~PHP101,711.71) per ounce at 2:17 PM. However, U.S. gold futures remained at USD 1,826.2 (~PHP102,131.15), according to Reuters.
Photo from Unsplash
Due to expectations of fewer interest rate increases by the U.S., gold prices increased on Friday. The non-yielding metal is on track to end its best quarter since June 2020, thanks to predictions of fewer interest hikes by the U.S. Fed after falling from all-time highs earlier this year.
Even though the U.S. central bank’s two rate increases in September drove gold to a more than two-year low, the price of the metal is only down around 0.5 percent in 2022. Since then, however, prices have reversed their declines.
Photo from Unsplash
Economists predict that market mood will be influenced by how central banks throughout the world respond to growing inflation through 2023.
Musk out, Arnault In- Bernard Arnault surpasses Elon Musk and is now the world’s richest person. The French tycoon has a net worth estimate of $170.8 billion which is more than Elon Musk’s net worth.
epa07509557 (FILE) CEO of French luxury goup LVMH, Bernard Arnault attends a new conference to present the group’s annual results, in Paris, France, 29 January 2019 (reissued 16 April 2019). According to reports, French luxury group LVMH CEO Bernard Arnault announced on 16 April 2019 donation of 200 mln euros for reconstruction of damaged Notre Dame Cathedral. A huge fire started in the late afternoon on 15 April in the historic monument of the French capital burning the roof and a spire. EPA/IAN LANGSDON
Dostawca: PAP/EPA.
Arnault and his family own 48% of shares in the company LVMH. They have 64% of voting rights as well.
Bernard Arnault is the first person from France who claimed the top spot among the world’s richest people. He is even the first in all of Europe.
The brain behind Moët Hennessy Louis Vuitton SE
Who is Bernard Arnault and how did he become the world’s richest person?
Bernard Arnault is the brain behind the luxury brand LVMH or commonly known as Louis Vuitton and Moët Hennessy. He was born in 1949 in Roubaix, France. He graduated from Polytechnique, an elite school for engineering.
Photo from Louis Vuitton
Arnault started out by working at Ferret Savinel which is a family business. Next, he ventured into property development before taking over Boussac-Saint-Freres. Boussac-Saint-Freres was a textile group that went bankrupt.
Bernard bought a controlling stake in LVMH and turned the brand into a luxury powerhouse that sells wines, fashion goods, jewelry, and more.
With his success in growing LVMH, it is no doubt that he successfully topped the list of the world’s richest people. Despite the pandemic affecting businesses and the economy, LVMH still generated big sales because the demand for luxury products was still at an all-time high.
Arnault Dynasty within LVMH
Photo from Louis Vuitton
Arnault is without a doubt one of the most successful people in the world of luxury brands and he is not stopping there. His five children currently work at the firm or for LVMHS’ brands.
Arnault’s son, Antoine, now holds a role at Christian Dior SE, which is one of the brands under LVMHS.
Brands under LVMHS
Did you know that some of your favorite luxury brands are under LVMHS? Since LVMHS is a luxury goods conglomerate, it is no surprise that popular luxury brands are under it.
Here is the list of Luxury brands under LVMHS:
Tiffany & Co.
Christian Dior
Fendi
Givenchy
Marc Jacobs
Stella McCartney
Loewe
Loro Piana
Kenzo
Celine
Sephora
Princess Yachts
TAG Heuer
Bulgari
Louis Vuitton
Dom Pérignon
Hennessy, and many more
Photo from Monochrome
With his success and his hunger to build the top luxury conglomerate in the world, Bernard Arnault is definitely dominating the world of business, one luxury brand at a time.
