Bernard Arnault Biography, Net worth and Wealth Profile

Bernerd Arnault
Bernard Arnault is a French billionaire and the most richest person in the world with a net worth of $234.3 billion.

Forbes list of the most richest people in the world enlist Bernard Arnault as the number one with a net worth of $234.3 billion ahead of Elon Musk - $181.1 billion.

Bernard Arnault is the chairman and Chief Executive Officer of  LVMH Moët Hennessy Louis Vuitton. LVMH is an empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

The company American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.

Arnault's holding company Agache backs venture capital firm Aglaé Ventures, which has investments in businesses such as Netflix and TikTok parent company ByteDance.

His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984.

Arnault's five children all work at LVMH; in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes.

Basic Facts about Bernerd Arnault

Age: 74 as at 2023

Source of Wealth: LVMH

Residence: Paris, France

Citizenship: France

Marital Status: Married

Children: 5

Education: Bachelor of Arts/Science, Ecole Polytechnique de Paris

FOB News