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Forbes estimated the Bernard Arnault & family fortune to be $158 billion in 2022, positioning him ahead of Bill Gates. [71] In 2022, Arnault changed the legal structure of Agache from a Societas Europaea (SE) to a joint-stock partnership to ensure family control over LVMH in the long term. [72] Arnault and his family had an estimated peak net ...
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.
From 1999 until 2003, Gilles Rosier and Roy Krejberg designed the women's and men's lines, respectively. [8] From 2006 until 2008, over 100 of Kenzo's stores worldwide were refurbished. [9] From 2008 until 2011, Antonio Marras served as Kenzo's creative director, overseeing the brand in its entirety.
PARIS, FRANCE - JUNE 21: Head of French multinational corporation LVMH Bernard Arnault (C) and his wife Helene (2R), pose with their children (from L-R) Frederic Arnault, Delphine Arnault, Antoine ...
Over the course of five decades, Arnault turned a struggling clothing manufacturer into a luxury conglomerate comprising over 75 iconic brands, including Louis Vuitton, Dior, and Sephora.
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.
Luvanis is a company focused on identifying and acquiring the rights to forgotten brand gems in order to reposition them and find partners or investors to fund their relaunch. [11] [23] The business model attempts to strike a balance between reasserting the brands’ heritage, and updating it for the present.
Now, Arnault ranks lower than each of those executives, plus Oracle co-founder Larry Ellison. In the past year, LVMH stock has dropped over 16%, and is currently trading at about $132 per share ...
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1700 W Lane Avenue, Upper Arlington, OH · Directions · (614) 485-9115