Tara Patel

Stay informed with Tara Patel’s coverage and analysis for Fortune.

  • Jerome Powell walking off stageEconomy

    Firing Powell would hurt the dollar and U.S. economy, France says

    By Tara Patel and Bloomberg
  • François-Henri Pinault and Salma Hayek at Kering’s 3rd Annual Caring For Women Dinner held at The Pool on September 9, 2024 in New York City. (Photo by Stephanie Augello/Variety via Getty Images)Retail

    Luxury fortunes lose $58 billion as pandemic era splurge ends

    By Tara Patel and Bloomberg
  • Vincent Bollore, billionaire and chairman of the Bollore GroupPolitics

    How the billionaire ‘French Murdoch’ Vincent Bollore steered Le Pen’s far-right to the verge of power

    By Benoit Berthelot, Tara Patel, and others
  • Alain Wertheimer (R) and his brother Gerard Wertheimer.Finance

    Chanel’s controlling family’s personal wealth has jumped $12.4 billion in 3 years as the business weathers luxury demand downturn

    By Tara Patel and Bloomberg
  • Emmanuel Macron stands next to ceremonial guardFinance

    France looks to slash jobless benefits to push more people back to work amid debt and deficit warnings

    By Tara Patel and Bloomberg
  • Vincent Bollore, billionaire and chairman of the Bollore GroupTech

    To compete with Asia’s rising dominance, French billionaire Bollore wants to build an EV battery plant in eastern France which will cost $2.1 billion

    By Tara Patel and Bloomberg
  • Arnaud LagardereFinance

    French media mogul resigns after getting charged with embezzlement

    By Tara Patel, Gaspard Sebag, and others
  • French chef Alain DucasseLifestyle

    52 French restaurants earn their first Michelin stars, in preparation for welcoming the world to the summer Olympics

    By Tara Patel and Bloomberg
  • PARIS, FRANCE – APRIL 04: Francoise Bettencourt (L) attends the funeral ceremony of French writer and academic Alain Decaux at Les Invalides on April 4, 2016 in Paris, France. (Photo by Marc Piasecki/Getty Images)Success

    Cosmetics heir who shuns the spotlight has just become the first woman with a $100 billion fortune

    By Tara Patel and Bloomberg
  • French fashion brand Hermes store seen in Hong Kong airport.Retail

    Hermès billionaire heir moves to cut ties with his charity amid plans to adopt gardener and pass on part of his fortune

    By Tara Patel and Bloomberg
  • Eric Schmidt, co-founder of Schmidt Futures, uses a laptop computer at the ai-Pulse conference at Station F technology campus in Paris, France, on Friday, Nov. 17, 2023. The race for AI dominance has intensified geopolitical rivalries as countries seek to harness the technology’s potential for economic growth and influence. Photographer: Nathan Laine/Bloomberg via Getty ImagesTech

    Billionaires including Eric Schmidt plow $300 million into a non-profit that is France’s latest push to catch up in AI

    By Benoit Berthelot, Tara Patel, and others
  • QINGDAO, CHINA – NOVEMBER 8, 2023 – Container ships frequently enter and exit the Qianwan Container Terminal of Qingdao Port in Qingdao, Shandong Province, China, Nov 8, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Finance

    The shipping industry’s boom-and-bust cycle is so severe that carriers face going from bumper profits to losing money in the space of a few years: ‘I’m certainly concerned’

    By Brendan Murray, Tara Patel, and others
  • (GERMANY OUT) Jörg G. Bucherer, Juwelier, D – bei der Eröffnung der neuen Geschäftsräume in Berlin (Photo by XAMAXullstein bild via Getty Images)

    The 87-year-old billionaire behind Bucherer is selling his dynasty to Rolex—and the deal will reset the luxury watch business

    By Tara Patel, Andy Hoffman, and others
  • French banking group BPCE head Francois Perol poses for a photographer as he arrives for a press conference to present the group 2011 Full Year results on February 19, 2015 in Paris. AFP PHOTO / BERTRAND GUAY (Photo by Bertrand GUAY / AFP) (Photo by BERTRAND GUAY/AFP via Getty Images)Finance

    A handful of the richest families in Europe including the owners of Chanel and Peugeot are putting up almost $4 billion to take the Rothschild & Co. bank private

    By Tara Patel and Bloomberg
  • Pilots sit inside the cockpit of an Embraer’s E195-E2 aircraft on display during the Wings India 2022, a civil aviation event organised by the Ministry of Civil Aviation, at Begumpet Airport in Hyderabad on March 24, 2022. (Photo by NOAH SEELAM / AFP) (Photo by NOAH SEELAM/AFP via Getty Images)

    Russian military trucks are jamming commercial airplane navigation systems

    By Tara Patel and Bloomberg