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Arnault and his family had an estimated peak net worth of US$240.7 billion in April 2023, according to Forbes. [73] This made him the richest person in the world at the time, surpassing Elon Musk. Musk would surpass Arnaut in June 2023 in net worth with $240 billion, as Arnault's wealth dropped to $190 billion.
Arnault was born in Neuilly-sur-Seine, France, the second son of Bernard Arnault and his second wife, French-Canadian pianist Hélène Mercier (b. 1959). [3] His older brother is Alexandre Arnault (b. 1992), the president of Tiffany & Co. in New York City, and his younger brother Jean Arnault (b. 1998) works in the watch division of Louis Vuitton.
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 ...
Not limited to just fashion, Arnault also owns several luxury hotels and cruise lines that have only added to his wealth over the years. 4. Larry Ellison. Larry Ellison has a net worth of $176.1 ...
Alexandre Arnault, 31, and Frederic Arnault, 29, ... Bernard Arnault, who is worth $218 billion, has famously boasted that his children have to earn their place in the company.
Even billionaires giving away their fortunes saw their net worth increase substantially. ... Bernard Arnault. Net worth on Jan. 2, 2023—$162 billion. Net worth on Jan. 2, 2024—$179 billion.
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]
The 14 Billionaires That Are Worth Over $100 Billion 1. Bernard Arnault. Net Worth: $217.5 billion. Source of Wealth: LVMH. ... Net Worth: $104.5 billion. Source of Wealth: América Móvil Telecom.