Bernard Arnault Biography, Net worth and Wealth Profile
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
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