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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.
LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80 Prarthana Prakash Updated November 26, 2024 at 10:48 AM
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.
Bernard Jean Étienne Arnault was born on 5 March 1949 in Roubaix. [5] [6] His mother, pianist Marie-Josèphe Savinel, daughter of Étienne Savinel, had a "fascination for Dior". [6] His father, manufacturer Jean Léon Arnault, a graduate of École Centrale Paris, owned the civil engineering company Ferret-Savinel. [6]
3. Bernard Arnault. Bernard Arnault has a net worth of $192.9 billion. Age: 75. Nationality: France. Company: LVMH. Industry: Fashion and hospitality. Quote: “Money is just a consequence. I ...
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.
Under CEO Bernard Arnault’s eldest son, Antoine Arnault, and LVMH’s North America head, Anish Melwani, the new platform will aim to market and place the French fashion group’s products in ...