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High-Level Talks Between Bernard Arnault, Prime Minister Jean-Marc Ayrault

On Wednesday the luxury goods titan, the richest man in France, had an audience with France’s new Socialist government.

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HIGH-LEVEL TALKS: Oh, to have been a fly on the wall. Luxury goods titan Bernard Arnault, the richest man in France, had an audience Wednesday with France’s new Socialist government, whose campaign promises included a 75 percent tax rate for incomes over one million euros, or $1.3 million. The tête-à-tête between the LVMH Moët Hennessy Louis Vuitton chief and France’s Prime Minister Jean-Marc Ayrault to discuss the general economic situation lasted about 40 minutes in the politician’s official residence, in Paris.