{"id":25567,"date":"2026-04-14T02:23:30","date_gmt":"2026-04-14T02:23:30","guid":{"rendered":"https:\/\/www.europesays.com\/people\/25567\/"},"modified":"2026-04-14T02:23:30","modified_gmt":"2026-04-14T02:23:30","slug":"billionaire-fashion-ceo-sparks-outrage-with-thoughtless-behavior-over-new-years-the-hypocrisy-is-astounding","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/25567\/","title":{"rendered":"Billionaire fashion CEO sparks outrage with thoughtless behavior over New Year’s: ‘The hypocrisy is astounding’"},"content":{"rendered":"

It’s no secret that billionaires are out there living life \u2014 but have you ever seen the extent of their wealth firsthand?\u00a0<\/p>\n

Onlookers in Havana, Cuba, caught a glimpse when a 333-foot superyacht docked in the port to ring in the New Year, according to Luxury Launches<\/a>.<\/p>\n

The floating football field’s owner was none other than Bernard Arnault, CEO and chairman of LVMH, the conglomerate that contains Louis Vuitton, Sephora, and dozens more luxury brands.\u00a0<\/p>\n

Arnault is one of the richest people in the world<\/a> with a net worth in the multiple hundreds of billions. His boat alone is worth $150 million and takes another $10-15 million just to maintain each year.\u00a0<\/p>\n

The presence of such extreme wealth visiting Cuba rubbed many people the wrong way. The country is facing a growing economic and energy crisis that has caused widespread power outages<\/a> and food insecurity<\/a>.\u00a0<\/p>\n

“The hypocrisy is astounding,” one person commented<\/a> on a Reddit post<\/a> in r\/cuba<\/a> discussing the yacht’s arrival.<\/p>\n

“Cubans in Cuba are starving,” another emphasized<\/a>.\u00a0<\/p>\n

“There’s more food on that yacht than there is within 50 miles of her,” a third sarcastically added<\/a>.\u00a0<\/p>\n

On top of local and international political conditions, worsening extreme weather is fueling Cuba’s struggles. The nation is located in the direct path of many tropical storms and hurricanes, which frequently damage the nation’s infrastructure and weaken its food supply.\u00a0<\/p>\n

Studies show<\/a> that warmer global temperatures are making these storms more powerful and dangerous. One reason why those temperatures are rising is the polluting energy use of large private vehicles<\/a>.<\/p>\n

TCD Picks \u00bb Quince Spotlight<\/p>\n

\ud83d\udca1These best-sellers from Quince deliver affordable, sustainable luxury for all<\/p>\n

So, you can see why people might get upset about Arnault’s luxury superyacht cozying up to Cuba’s shores.\u00a0<\/p>\n

Thinking about these issues can easily be overwhelming, but lots of people taking simple actions can make a difference.<\/p>\n

Try biking to work<\/a> or sharing a ride with others once or twice a week to lower your fuel use. Want to do more? Consider going electric<\/a> for your vehicles and appliances.<\/p>\n

Get TCD’s free newsletters<\/a> for easy tips to save more, waste less, and make smarter choices \u2014 and earn up to $5,000 toward clean upgrades in TCD’s exclusive Rewards Club<\/a>.<\/p>\n

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