The High Cost of Privacy: Selling his Private Jet helped Bernard Arnault avoid Twitter criticism

The second-richest man in the world sells his private jet so as to avoid being tracked by Twitter

Will there be more billionaires?

The excessive use of Bernard Arnault’s private jet was criticized on Twitter over the summer by the Frenchman, co-founder and CEO of Louis Vuitton. Bloomberg reports that his solution to avoid the criticism was to rent a private jet when necessary and sell it when not needed.

Arnault and other billionaires have also used private jets, but the public was not aware of it. Using automation, the information of billionaires like Arnault can be retrieved and shared publicly on social media platforms such as Twitter.