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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 Ryan Hogg Updated January 20, 2025 at 9:40 AM
LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back. ... LVMH is stepping into 2024 with confidence after its highest-end products defy ...
As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48] In 2021, with a valuation of $329 billion, LVMH became the most valuable company in Europe. [49]
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 ...
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 funding rounds across the companies were worth $300 million in total, according to Fintrx, although it’s unclear how much of that was contributed by Arnault’s VC. ... The biggest of 2024 ...
Net worth Sources of wealth 1 Bernard Arnault & family 74 200.8 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 ...
LVMH's fashion division, home to its top-earning Louis Vuitton and Dior labels, reported fourth-quarter sales of 11.1 billion euros, a year-on-year decline in organic terms of 1%, but beating a ...