Asia-Pacific luxury consumer push Louis Vuitton promotion of World fourth Millionaire

U.S. Eastern Time March 9 (Beijing time March 10) news, Forbes magazine published the 2011 Global Billionaires list, France's richest man Bernard Arnault promoted three, ranked fourth, because the Asia-Pacific region's wealth growth to promote the consumption of luxury goods such as Louis Vuitton. In Wednesday, the 2011 Forbes Global List of billionaires was released in New York, and the Mexican telecoms giant Carlos Slim, who continued to be the world's richest man with $74 billion worth, was second to Bill Gates, and Warren Buffett ranked third.　　Compared with last year, the top three ranked unchanged.　　It is worth mentioning that France's richest man, the world's largest luxury goods company Louis Vuitton Group chairman Bernard Arnault (Bernardarnault) 41 billion U.S. dollars in fourth, compared to last year's ranking of three, a rise of 13.5 billion U.S. dollars.　　Forbes said wealth growth in the Asia-Pacific region has fuelled consumer demand for luxury goods, helping to increase LVMH's assets from $27.5 billion trillion to $410 trillion. According to Deutsche Bank (according), emerging markets will account for at least 80% per cent growth in the luxury sector, with an average growth of around 9% a year, compared with 2% in developed countries. LVMH has stores in India, Indonesia and Vietnam, and will open stores in Mongolia.　　Favorable market layout to help luxury brands profit from the rapid growth of emerging markets. As early as 2009, Chinese and overseas holiday shoppers have become the biggest buyers of Louis Vuitton apparel handbags and Hennessy Brandy, ahead of Japanese and American consumers. By the end of 2009, the number of Louis Vuitton stores in China reached 30, while LVMH's perfume retailer, Sephora, had also increased its stores to 70. (Duan Jiao Yu, San Francisco, USA)