Chairman And CEO, LVMH Moët Hennessy Louis Vuitton
Total Net Worth :-
$208.5B
🔺 Increased Today
$827M (0.40%)
Personal Info :-
Age : 74
Source of Wealth : LVMH
Residence : Paris , France
Citizenship : France
Marital Status : Married
Children : 5
Education : Bachelor of Arts/Science, Ecole Polytechnique de Paris
Forbes compilations :-
#1 at Billionaires (2023)
#56 at Powerful People (2018)
Wealth Stats :-
About :-
Bernard Arnault ( World’s Richest Person ) is in charge of the LVMH conglomerate, which oversees 75 fashion and cosmetics brands, including renowned names like Louis Vuitton and Sephora. LVMH made headlines in 2021 with the acquisition of American jeweler Tiffany & Co for a staggering $15.8 billion, marking one of the most significant luxury brand purchases in history.
Arnault’s holding company, Agache, supports the venture capital firm Aglaé Ventures, known for its investments in companies such as Netflix and ByteDance, the parent company of TikTok.
Arnault’s initial foray into the business world involved leveraging a $15 million investment from his father’s construction fortune to purchase Christian Dior in 1984.
A family-oriented leader, Arnault’s five children are actively involved in LVMH. In July 2022, he proposed a restructuring of his holding company, Agache, aiming to provide his children with equal stakes in the organization.
I see myself as an ambassador of French heritage and French culture. What we create is emblematic. It’s linked to Versailles, to Marie Antoinette.
Bernard Arnault & family