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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.
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.
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.
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 ...
In 1971, Bernard Arnault started to work in his family business, [5] the industrial and public works construction company Ferret-Savinel, owned by his father, Jean Léon Arnault. [6] There he began to develop real estate activities.
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 ...
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.