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Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [ 2 ] [ 3 ] He is the founder, chairman and CEO of LVMH , the world's largest luxury goods company.
In January 2016, Catterton, LVMH, and Financière Agache (previously Groupe Arnault), the family holding company of Bernard Arnault, partnered to create L Catterton. [21] The partnership combined Catterton's existing North American and Latin American private equity operations with LVMH and Groupe Arnault's pre-existing European and Asian ...
Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout. [63] At the end of 2017, the only declared major shareholder in LVMH was the Arnault Family Group, the holding company of Bernard Arnault.
Today, LVMH has a market cap of €319 billion ($336 billion), houses 75 Maisons, and has made Arnault Europe’s wealthiest person with a net worth of $180 billion.
Aglaé Ventures, a tech-focused venture fund owned by the Arnault family office, has invested in five AI companies this year, CNBC reported, citing data from private wealth management platform Fintrx.
Five French luxury icons grew $50 billion richer last week on the back of China's stimulus plans. LVMH's Arnault, the L'Oréal heiress, the brothers behind Chanel, and Kering's founder all made bank.
As a bellwether in the luxury industry and one of Europe’s largest companies, LVMH has more sway than the average company. The purchase of Chez l’Ami Louis reflects the Arnault-owned ...
In June 2008, Beck sold a 75% stake in the business to French businessman Bernard Arnault's investment group, L Capital 2 FCPR, an investment group co-sponsored by LVMH (Moët Hennessy Louis Vuitton) and Groupe Arnault. [4] In January 2016, L Capital merged with Catterton to become L Catterton.