We’re pretty sure that becoming a knight only has purely ceremonial meaning anymore, but none the less the latest rich guy to become a knight is chairman and chief executive of LVMH Moet Hennessy Louis Vuitton, Bernard Arnault.
Indie Newsroom is brought to you by Gaga being ready for her closeup and a twitter war and a meeting of Olympian proportions.
Cannes Film Festival came to a close during Memorial Day weekend, and we were quite impressed with most of the red carpet looks from our favorite celebrities and their stylists. Black and bling were certainly prevalent red carpet choices for the occasion, but we were pleasantly surprised at how many ladies were seeing red during the fest. Whether from nose to toes or just with a splash of detail, red on the red carpet was hot, hot, hot at Cannes 2012. See the gallery after the jump.