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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.
[69] [70] He is listed as "Bernard Arnault & family" on the Forbes Billionaires list. [71] 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 ...
Arnault owns about 48% of the luxury conglomerate, which houses around 75 brands, including Tiffany & Co., Louis Vuitton, Dom Perignon, and Sephora. LVMH shares have been hit by the company's ...
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 Prarthana Prakash Updated November 26, 2024 at 10:48 AM
Arnault, who oversees dozens of prestigious brands including Moët Hennessy, Louis Vuitton, Dior, Givenchy, and Fendi, was worth an estimated $231 billion in late March, according to the Bloomberg ...
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.
Arnault Bernard Arnault, Delphine Arnault, Antoine Arnault: 233 (2024) [7] LVMH ... Fibria, Chiquita Brands International, Safra Group, Banco Safra, ...
But the Arnaults’ reach goes well beyond top-end brands. For instance, patriarch Bernard Arnault bought a three-star Parisian bistro ahead of the Paris Olympics, for which LVMH was a big sponsor.