The second richest man in the world needs to live there occasionally.
The company's private jet was sold by the CEO, Bernard Arnault.
There's a reason. Arnault didn't like the lack of privacy, and he had been following his travel on the social networking site.
The group had a plane, and we sold it, according to Arnault. I can't see where I go because I use private planes.
Arnault is worth $133 billion according to the billionaire index.
Like other big spenders, he has been the target of several accounts that focus on how wasteful air travel is.
He's trying to go under the radar.
According to climate scientists, airlines are responsible for 2% of the annual human-generated Co2 emissions. Between 1990 and 2015, the richest one percent of people were responsible for 15 percent of emissions, compared to 7 percent for the rest of the world.
Private jets have become targets for social media activists. The Celebrity Jets account tracks the private air travel of celebrities.
Drake's Jet Landed in Toronto, Ontario, CA. pic.twitter.com/xhk3TbgDj2
— Celebrity Jets (@CelebJets) October 17, 2022
The travel of Bernard Arnault was tracked by another account called "laviondebernard".
The travel habits of the rich and famous have caused a lot of controversy in France, with the Transport Minister even suggesting to ban or tax private jets.
This isn't the first time Arnault has been in the news. The billionaire was thrust into the spotlight when he was accused of killing his best friend. The founder of Off-White died from cancer.
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