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April 5, 2023

LVMH’s Bernard Arnault Dethrones Elon Musk at Top of Forbes List of Billionaires

Bernard Arnault and LVMH have had a big year. The French billionaire added more than $50 billion to his fortune, boosting his individual wealth total from $158 billion to $211 billion. LVMH made key acquisitions in the last few years, adding Tiffany & Co. in 2021, which registered the largest luxury acquisition in history. Arnault dethroned Elon Musk in the No. 1 spot, whose personal portfolio took a $39 billion hit following his Twitter acquisition and troubles at Tesla.

Brandi Chastain Among Soccer Legends Bringing NWSL to the Bay Area

We are months away from the US Women’s National Team embarking on another defense of its World Cup championship. First though, several of its past stars delivered a major announcement. The National Women’s Soccer League (NWSL) confirmed Tuesday that the San Francisco Bay Area will be the home of its latest expansion team. The team will kick off in the 2024 season, giving the league an even 14 clubs. The largest equity stakeholder in the franchise is San Francisco-based investment firm Sixth Street. Sixth Street joined with Aly Wagner and fellow USWNT standouts Brandi Chastain, Danielle Slaton, and Leslie Osborne — the faces of this NWSL Bay Area effort for the past year — to grow this dream into a reality.

Click here to read more from Boardroom’s Sam Dunn.

Is Lionel Messi’s PSG Chapter Coming to a Close?

Is Lionel Messi about to say au revoir to Paris Saint-Germain? Per French outlet L’Equipe, the global soccer GOAT is much more likely to leave the French giants than sign a new deal to stay at Parc des Princes after his contract expires in June. Sources indicate that he may follow in the footsteps of Cristiano Ronaldo, making his way to Saudi Arabia.

However, that’s not the only option, according to Boardroom’s Shlomo Sprungclick here to read more.

Stephen Curry is Taking His Talents to NBC

Stephen Curry’s creative portfolio is expanding once more. The Golden State Warriors standout announced that he will appear on the upcoming sitcom Mr. Throwback on NBC. The mockumentary-style show will focus on the memorabilia market, and will co-star Adam Pally. Pally will play a collector, who is in search of a little success and tries to link up with his middle school teammate, Stephen Curry. “Making the natural transition from behind the camera to center stage opposite Adam Pally, we can’t wait for the world to see what we have in store,” Curry told Deadline.

Click here to get the full details from Boardroom’s Vinciane Ngomsi.

Fanatics Goes Global with Italian Acquisition

Fanatics is headed to Italy. The online retail conglomerate announced on Wednesday that it has acquired Italian company EPI. Along with the purchase, Fanatics takes over EPI’s contracts with a number of teams, including Juventus and AC Milan. The move extends Fanatics’ international takeover. Recent acquisitions have increased their stake in the retail markets for PSG, F1, the Tokyo Giants, and many more.

The Ringer and Spotify Expand Their Relationship with FanDuel

The Ringerverse is expanding. The Bill Simmons-backed multimedia company is expanding its existing partnership with FanDuel. The Ringer’s previous agreement with the mobile sports betting company included a wide range of betting-related podcasts and in-show best bets. Now, Ringer talent will be heading to FanDuel TV as part of the enhanced partnership, which will repurpose some of those popular podcasts, including Joe House’s golf-specific Fairway Rollin’ and Beyond the Arc with Kevin O’Connor, for the 9-10 AM programming block on the channel.