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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World's richest man promotes daughter to head Dior

Feb 16,2020 7:36 am

The World 's richest Man , Bernard Arnault , has appointed his daughter to head up Fashion House Dior.

Mr Arnault promoted Delphine Arnault , 47, as part of a reshuffle at LVMH, Europe's most valuable company.

It owns a portfolio of high-end brands including Fendi and Louis Vuitton and is worth about £336bn.

The outgoing head of Dior, Pietro Beccari , will move to replace long-time Louis Vuitton chief executive Michael Burke .

Both Ms Arnault and Mr Beccari " are well respected" so these are " logical promotions within The Group , " said Credit Suisse analyst Natasha Brilliant.

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

The Changes , which come into effect in February, follow the recent appointment of Antoine Arnault , Bernard Arnault 's eldest son, to head The Family 's Holding Company .

Alexandre Arnault , 30, is in charge of products and communication at Tiffany, while Frederic Arnault , 28, is chief executive of another group brand, Tag Heuer .

The youngest child, Jean Arnault , 24, heads marketing and product development for Louis Vuitton 's watches division.

Mr Arnault's companies sell goods including luxury suitcases by Louis Vuitton and Moet and Chandon champagne.

" Succession planning in strategic roles has been instrumental to the success of LVMH's key brands over The Past 20 years, hence today's moves are significant, " said Thomas Chauvet, an analyst at Citi.

Christian Dior 's catwalk presentations In Paris are attended by global celebrities including K-pop star Jisoo and singer Rihanna, drawing enthusiastic crowds of fans.

Delphine Arnault will leave her position as LVMH's executive Vice President for Louis Vuitton , which she has held since 2013.

Louis Vuitton set new sales records under Ms Arnault's leadership, LVMH said.

Similar succession plans have happened at other major fashion companies in recent years.

High Street fashion giant Inditex, which owns brands including Zara and Massimo Dutti , Marta Ortega was 37 at The Time .

The Boss of Fashion House Prada, Patrizio Bertelli , recently said he expects to hand the reigns of The Company to his son Lorenzo within two years.

Bernard Arnault overtook Elon Musk in December 2022 to become The World 's richest Man .



Source of news: bbc.com

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