Bernard Arnault Net Worth: One of the most successful businessmen is him. He is also the company’s CEO, as well as its creative director. This rich man’s net worth is $18.47 billion. Then, read the full story if he is interested in knowing more about his personal life. Arnault’s net worth, age, richest man, family and business will be discussed with you.
Bernard Arnault Net Worth
Bernard Arnault is the co-founder, chairman and CEO of the world’s largest luxury goods company, LVHM (Louis Vuitton Moët Hennessy), and he is a very rich man. The third richest man in the world and the richest man in Europe is Bernard Arnault. In 2022, Bernard Arnault’s net worth is expected to be $18.47 billion. No one is more successful in the world of luxury goods than him. Bernard is said to be the richest member of the fashion community. He read the article to learn more about his life.
At France’s most distinguished institution, the École Polytechnique, Bernard Arnault studied engineering. Bernard begins to work as an engineer in his father’s construction company, Ferret-Savinel, after finishing his studies. He made a fortune with that company, transforming it into a real estate empire. Bernard Arnault has invested in several startups, including Netflix, Boo.com, Libertysurf, and Zeebank.
Bernard Arnault Net Worth Details
Bernard Arnault Age
Arnault, now 73 years old, was born on March 5, 1949 in Roubaix, France. His height is 6 feet 1 inch, which is quite tall. Bernard Arnault finishes his studies at the Lycée Faidherbe. He invested some money in LVHM from his father’s company. He founded the LVMH brand when he was 40 years old and everyone can see how far they have come.
The richest man
As Elon Musk’s net worth declines due to Tesla’s stock price, Bernard Arnault becomes the richest man in the world. The LVMH empire is the most opulent products conglomerate in the world, with more than 70 fashion and cosmetics brands such as Louis Vuitton and Sephora. It is owned by Bernard Arnault. To become one of the most valuable companies in the world, he has established a fashion company based in Paris. Bernard reportedly surpassed Elon Musk once again on December 7 to become the richest man in the world.
Bernard Arnault Family
Arnault’s father, Marie-Josephe Savinel, and his grandfather, Jean Leon Arnault, were students at the same school at the Ecole Polytechnique in Paris. Bernard Arnault married Anne Dewavrin in 1973 and the couple divorced in 1990. Bernard married Helene Mercier in 9091, following that a second marriage. Two of Bernard Arnault’s first marriages had children, while three of his second marriages had children. Antoine and Delphine Arnault are the names of his children. Louis Vuitton, Alexandre Arnault, Frederic Arnault and Jean Arnault are among the brands he works for.
Bernard Arnault Early Life
Bernard Arnault was welcomed into the world on March 5, 1949 in Roubaix, France, by Marie-Josèphe Savinel and Ferret-Savinel. Dior was the only focus of his mother’s attention. His father was also a contractor. Bernard was repeatedly pressured to join his father in the construction business, despite his reservations. For his education, Arnault went to the Lycée Maxence VanDerMeersch in Roubaix and the Lycée Faidherbe in Lille. After graduating from École Polytechnique, France’s leading engineering school, in 1971, he entered his father’s business.
Personal life of Bernard Arnault
Ann Devavrin, Bernard’s first wife, whom he married in 1973 and divorced in 1990, was his second wife before she died. Helen Mercier, his wife of 26 years, is his current partner. The LVMH Empire is also linked to five of Arnault’s descendants. There are several examples of Frederic Arnault, Antoine Arnault, Delphine Arnault and Frederic Arnault. Bernard Arnault’s parents are Jean Léon Arnault and Marie-Josèphe Savinel. In 2022, Bernard Arnault will turn 73 years old. He was born on March 5, 1949. The boy is 1.85 meters tall and weighs 80 kilograms.
Bernard Arnault Business
Bernard Arnault is known for his brand, LVMH (Louis Vuitton Moët Hennessy), the most opulent luxury goods brand in the world. LVMH (Louis Vuitton Moet Hennessy) is co-founded by Bernard Arnault, who serves as president and CEO. On June 3, 1987, LVMH was founded in Paris, France.
Career and education
Bernard Arnault founded his father’s company, joining it after graduating from university and making preparations to expand and get involved in other, more lucrative businesses.
He convinced his father to disband the development component so he could benefit from it. The family began making profitable real estate investments after the construction company closed. In 1974, Bernard was promoted to development director, CEO in 1977, and president in 1979, surpassing his father on the corporate ladder.
In 1981, French socialists forced the family to emigrate to the United States, but they prospered by developing their American real estate holdings. Arnault saw a wonderful opportunity to enter the textile industry when the Boussac Saint-Frères company declared bankruptcy in 1983. He negotiated with Antonie Bernheim, managing partner of a financial company, to finance the acquisition of Boussac.
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