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Billionaires

Briefing

+2

Oil wars show how badly fashion’s billionaires keep binging fossil fuels

Mar 14, 2026

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10 min read

Oil wars show how badly fashion’s billionaires keep binging fossil fuels

Polyester, which is made from oil, is fashion’s most-used material. That’s only the start of the industry’s reliance on fossil fuels. It shouldn’t take a war to see why the industry’s reluctance to change that is a big problem.

Amy Miles
Amy Miles

Billionaires

+3

The Ultra-Rich List: Fashion’s biggest problem is billionaires. Here are all their names.

Jan 15, 2026

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25 min read

The Ultra-Rich List: Fashion’s biggest problem is billionaires. Here are all their names.

Bernard Arnault's fortune would take one garment worker on a typical salary 173 million years to earn. He’s only one of more than 80 billionaires on our first big list.

JD Shadel
JD Shadel

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