16th July 2024

Bernard Arnault was born on March 5, 1949, Roubaix, France. He was married to Hélène Mercier (1991) and Anne Dewavrin (m. 1973–1990) given birth to Antoine Arnault, Delphine Arnault, Alexandre Arnault, and more.

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He is a French businessman best known as the chairman and CEO of the French conglomerate LVMH Moët Hennessy Louis Vuitton SA, the largest luxury-products company in the world. Arnault graduated from the École Polytechnique in Paris with a degree in engineering.

Bernard Arnault’s estimated net worth amounts to $76 billion (£59.6 billion).

As the chairman and chief executive of LVMH, Bernard Arnault is responsible for the largest luxury goods company in the world. This has made him the richest man in Europe, and the fourth richest in the world after Jeff Bezos, Bill Gates and Warren Buffet.

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After taking over his father’s real estate company in 1979, Arnault changed direction and began acquiring luxury goods brands such as Christian Dior. This led to his involvement in LVMH, of which he soon became the controlling shareholder. Since then, the company’s portfolio – and its profits – has increased significantly, with over 70 luxury brands operating under the LVMH umbrella.

Arnault himself is a keen art collector – the 70-year-old opened a $135 million (£106 million) museum in Paris in 2014, featuring works by Picasso, Andy Warhol and Yves Klein). He has also donated over $220 million (£172.7 million) to the rebuilding of Notre-Dame fund and has invested in several online ventures (including Netflix) as well as in the French supermarket giant Carrefour.

Source: careeraddict.com

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