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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]
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.
Move over, Elon Musk. According to Forbes' Real Time Billionaire's List, LVMH Group (Moët Hennessy Louis Vuitton) chairman and CEO Bernard Arnault has surpassed Musk in net worth with a reported...
LVMH CEO and world’s richest man Bernard Arnault reveals what motivates him to work 12-hour-plus days, even at 75: ‘Every morning I have fun when I arrive’ Sasha Rogelberg June 26, 2024 at ...
Arnault entered the luxury market in 1984 with an acquisition of a near-bankrupt French textile company that owned Christian Dior. French luxury group LVMH CEO Bernard Arnault attends an LVMH ...
The company's headquarters and production have been located in Cologne for 120 years. In October 2016, LVMH purchased an 80% stake in Rimowa, [2] which became the group's first German company. [3] From 2017 to 2021, the company was managed by Alexandre Arnault. [4] Hugues Bonnet-Masimbert took over as CEO in 2021. [5]
Bernard Arnault founded LVMH in 1987. (ERIC PIERMONT—AFP/Getty Images) Bernard Arnault’s reputation as a master dealmaker predates the founding of LVMH, the luxury conglomerate he runs, in 1987.
But Bernard Arnault doesn't plan to retire just yet. 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 ...