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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 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 6:40 AM
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]
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 ...
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 ...
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After being forced out of LVMH, Racamier, used a family holding company Orcofi, to join the French banking group Paribas and L'Oréal in order to take part in a M&A deal and acquire the fashion house Lanvin. It was thought by branch insiders that he would form another competitor to LVMH, instead he turned to sailing and music.
To compare your net worth based on others your age who have the same income, try this calculator from CNN Money, which shows that the median net worth for a 28-year-old with a $35,000 annual ...