France’s Wealthiest People Gain Fortunes at Fastest Pace in World

Francois Pinault. (AFP)
Francois Pinault. (AFP)
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France’s Wealthiest People Gain Fortunes at Fastest Pace in World

Francois Pinault. (AFP)
Francois Pinault. (AFP)

The fortunes of the wealthiest names in France have seen a swift peak in the first half of the year, more than any other country in the world.

According to Bloomberg, 14 people from France on the 500-member Bloomberg Billionaires Index added a combined $78 billion to their collective net worth since December 31, a 35 percent increase.

The agency reported that this is more than the wealth growth pace in other countries, as the fortune of China's richest increased by 17 percent, and the US's 15 percent.

The best returns outside of France came mostly from Asia as Thailand's wealthiest were a close second at 33 percent, followed by Singapore's 31 percent and 24 percent for Japan.

The figures exclude countries with fewer than two billionaires in the ranking. That makes Aliko Dangote, the sole Nigerian on the list, an outlier. His wealth has surged 60 percent to $16.8 billion this year, the German news agency reported.

Luxury titans Bernard Arnault and Francois Pinault and L'Oreal's heir Francoise Bettencourt Meyers led the way for France, adding a combined $53 billion during the same period.

Bloomberg reported that the demand for luxury goods from China has proven resilient despite uncertainty caused by that country's trade dispute with the US.



Canadian Hits All the Right Notes to Win 2024 Air Guitar World Champion

Zach "Ichabod Fame" Knowles from Canada performs during the first round in the final of the Air Guitar World Championship in Oulu, Finland, 23 August 2024. (EPA)
Zach "Ichabod Fame" Knowles from Canada performs during the first round in the final of the Air Guitar World Championship in Oulu, Finland, 23 August 2024. (EPA)
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Canadian Hits All the Right Notes to Win 2024 Air Guitar World Champion

Zach "Ichabod Fame" Knowles from Canada performs during the first round in the final of the Air Guitar World Championship in Oulu, Finland, 23 August 2024. (EPA)
Zach "Ichabod Fame" Knowles from Canada performs during the first round in the final of the Air Guitar World Championship in Oulu, Finland, 23 August 2024. (EPA)

They’re the most fervent musicians no one has ever heard.

Performers at this year's Air Guitar World Championships in Finland tuned up Friday at the Olympics of air guitar for the 27th time, featuring dedicated competitors like "Shred Lasso” and “Guitarantula.”

This year's challenge began Wednesday with Airientation in Oulu, a city nearly 540 kilometers (335 miles) north of Helsinki, and was headlined by a class open to veterans and new guitarists alike. The Dark Horses Qualifications followed on Thursday, culminating with the World Championships Final on Friday night with the crowning of Canada's Zachary “Ichabod Fame” Knowles as the 2024 Air Guitar World Champion.

It was a tough competition with former 2023 World Champion Nanami “Seven Seas” Nagura of Japan and 2022 winner Kirill “Guitarantula” Blumenkrants of France in second and third place respectively.

Contestants are judged on the performance of two songs in two separate rounds, each lasting 60 seconds. While passion is a must, a real pick or even a finger-picking style is optional. Props and costumes are allowed — but backup bands and real instruments are forbidden.

This year’s audience favorite was Mathilde “Clitoriff” Dollat from France with an intense show made all the more dramatic by the heavy rain that drenched the performer and audience alike.

Nanami “Seven Seas” Nagura of Japan last year took home the title — her third, making her the winningest air guitarist in a competition that dates back to 1996. She's seeking a four-peat against nine dark horses as well as the national champions from the United States, Belgium, Canada, Germany, Ireland, Finland and France.

The jury had to consider a contestant's “originality, ability to be taken over by the music, stage presence, technical merit, artistic impression and airness” in deciding to award points on a 4.0 to 6.0 scale, according to the competition’s online rulebook. The contestant with the highest total cumulative score won.

“Air guitar playing is not instrumental sports or arts, nor does it require any special venues or skills, so it is accessible to all,” according to the championships' website. “Air guitar can be grasped regardless of gender, age, ethnic background, and social status. Air guitar playing is equal.”

And don't fret — regardless of the winner, no one's air guitar gently weeps here. The contest organizers aim to promote world peace with their slogan, “MAKE AIR, NOT WAR.”

“According to the ideology of the competition, wars would end, climate change stop and all bad things disappear, if all the people in the world played the Air Guitar," according to their website. “This is why the whole universe is invited to play the Air Guitar for world peace at the end of the competition.”

So pick up your air guitar and play.