The world's richest man's plan to build a luxury hotel on LA's most famous shopping street was torpedoed after residents voted against it

The world's richest man's plan to build a luxury hotel on LA's most famous shopping street was torpedoed after residents voted against it

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Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes/Reuters Beverly Hills residents voted against Bernard Arnault's plan to build a luxury hotel on…

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