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LVMH dethrones Novo Nordisk as Europe’s most valuable company as Bernard Arnault adds $12 billion to net worth in 2025 ... with LVMH now worth €5 billion more than the Danish giant ...
Arnault is one of the richest individuals in the world, with an estimated net worth of US$199.7 billion as of September 2024, according to Forbes and US$208 billion according to Bloomberg Billionaires Index. [4] Arnault was raised in a devoutly Catholic household. He pursued Engineering at École polytechnique, graduating in 1971. He began his ...
LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back. Bernard Arnault’s LVMH is stepping into 2024 with confidence after its highest-end ...
LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The wine estate of Château d'Yquem, whose origins date back to 1593, is under LVMH ownership. [19] Bernard Arnault is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2024.
Net worth [1] [2] Age Country Source(s) of wealth 1 Bernard Arnault: 158 billion 74 France: LVMH: 2 Françoise Bettencourt Meyers: 80.5 billion 69 France: L'Oréal: 3 Amancio Ortega: 77.3 billion 87 Spain: Zara: 4 Gopichand Hinduja: 46.9 billion 84 United Kingdom: Hinduja Group: 5 Dieter Schwarz: 42.9 billion 83 Germany: Schwarz Gruppe: 6 ...
The elite group worth more than $100 billion includes Elon Musk, Jeff Bezos, and Bill Gates. The 16 members have grown almost $900 billion richer this year and are jointly worth $2.8 trillion.
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. ... Through the first three quarters of 2024, organic revenue has been flat due in part to an 8% decline in wines and ...
Net worth Sources of wealth 1 Bernard Arnault & family 74 211 billion LVMH: 2 Françoise Bettencourt Meyers: 70 80.5 billion L'Oréal: 3 François Pinault: 86 40.1 billion Kering: 4 Alain Wertheimer: 74 31.6 billion Chanel: 4 Gérard Wertheimer: 72 31.6 billion Chanel: 6 Emmanuel Besnier: 53 27.6 billion Lactalis: 7 Nicolas Puech: 80 9.8 ...