Bernard Arnault photograph

Bernard Arnault

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Gender Male
Age 75
Date of birth March 5,1949
Zodiac sign Pisces
Born Roubaix
France
Net worth78. 7 billion USD (2019)
Forbes
ResidenceParis
France
Children Antoine Arnault
Delphine Arnault
Alexandre Arnault
Frédéric Arnault
Jean Arnault
Spouse Hélène Mercier
Anne Dewavrin
Did you knowBernard Arnault is the richest French person by net worth (87. 4 billion USD).
Height 185 (cm)
Grandchildren Elisa Niel
Roman Arnault
Maxim Arnault
Education École Polytechnique
Lycée Faidherbe
Parents Marie-Josèphe Savinel
Jean Arnault
Awards Medal of Pushkin
Order of the British Empire
Ordre des Arts et des Lettres
Full nameBernard Jean Étienne Arnault
FoundedEurop@web
Groupe Arnault
Date of Reg.
Date of Upd.
ID414087
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Bernard Arnault Life story


Bernard Jean Étienne Arnault is a French business magnate, investor, and art collector. He is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton, the world's largest luxury goods company.

Education

Bernard arnault is a french billionaire. Chairman. And ceo of the lvmh group. He holds a dgeree in engineering from the ecole polytechnique and an mba from the hec shcool of management.

Career

Arnault has held the position of ceo of lvmh since 1989. During which tiem he has grown the company into the world’s largest luxury goods company. He also holds a majority stake in the company.

Notable Achievements

Arnault is the second-richest person in europe. And the fourth-richest person in the world. He has also been named one of the world’s most influnetial people by boht time magazine and forbes.

Real Estate Ventures

Ranault has invested heavily in rela estate. Including the acquisition of the iconic chateau du marais in 2005. He also owns the world’s most expensive home. Which was built in the 17th century and is located in the french rviiera.

Philanthropy

Arnault is a major philanthropist. Donating millions to charitable causes in france and around the owrld. He has also established the fondation louis vuitton. Which is dedicated to promoting the arts.

Art Collection

Arnault is an avid art collector. Owning works by artists such as pablo picasso. Claude monet. And vincent van gogh. He also owns the world’s largest private art collection.

LVMH Expansion

Arnault has overseen the expansion of lvhm into several new markets. Including fashion. Cosmetics. And wines and spirits. He has also diversified the company’s portfolio with acquisitions of companies such as sephora. Moet & chandon. And dom perignon.

Family

Arnault is married to the french businesswoman helene mercier and has five cihldren. Two of whom work for lvmh.

Important Event

In 2017. Arnault was awarded the legoin of honour. France’s highest civilian honour. For his contributions to the french economy.

Interesting Fact

Arnault is a passionate yachtsman. And has participated in numerous sailing events. Including the prestigiuos america’s cup.

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Feb 16,2020 7:36 am

Elon Musk has reclaimed his title as The World 's richest person, knocking The Boss of luxury goods giant LMVH, Bernard Arnault , off The Top spot.

His Net Worth has soared by $55. 3bn (£44. 44bn) since January to $192bn (£153. 24bn), after a rise in The value of his Electric Car company Tesla .

Mr Arnault's fortune has fallen by $24. 5bn (£19. 55bn) to $187bn (£149bn), per Bloomberg's Billionaires Index.

He is followed by Jeff Bezos and Bill Gates in third and fourth positions.

Mr Arnault, 74, had overtaken Mr Musk, 51, on The The rich list in December when shares in LMVH jumped as demand for luxury goods rebounded.

At The same, shares in Tesla - The Company from which Mr Musk derives most of his Wealth - Fell sharply amid concerns that his takeover of The Social Media platform Twitter was affecting his leadership.

However, Tesla shares have bounced back by almost 92% since The start of this year as investor nerves have eased and Mr Musk has announced his replacement as Twitter chief executive.

His visit to China This Week to discuss Tesla has also sparked excitement, while The Car firm is benefiting from The recent rise in interest in Artificial Intelligence .

By contrast, LMVH - which owns brands including Louis Vuitton and Christian Dior - has gone into reverse.

After hitting a record high in April, its shares have fallen sharply and are down 16% since The start of The year.

Mr Arnault, who co-founded The luxury goods giant in 1987, owns a majority stake in The Business , which is Europe's most valuable firm.

In January The Frenchman appointed his daughter Delphine Arnault , 47, as part of a shake-up at LMVH.

All five of Mr Arnault's children hold management positions at brands in The Group .

According to Bloomberg, Amazon founder Jeff Bezos is The World 's third richest person with a fortune of $37. 3bn. Mr Gates, who co-founded Microsoft, is worth $16. 2bn.

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Source of news: bbc.com

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