Bernerd Arnault or founder of LVMH, most luxurious goods brand. Bernerd Arnault. His family is very rich and he started his career under his fathers guidance. He is from France and living in paris. LVMH operated 60 branches. LVMH contains various brands like dior, fendi and other expensive luxurious brands. In 1988 he combined moet hennessy and louis vuitton and created LVMH.
in France Bernard’s family is known as a very rich family. To learn more about Bernard Arnault, read this interesting blog. It might be useful for you.
Who is Bernard Arnault?
Bernard Arnault was born in 1959. He is a multifunctional man from France. He is known as a french businessman as well as investor and art collector. He is CEO of world’s largest luxury goods dealing company. He is also founder and chairman of LVMH. He is known as third wealthiest man in the world. In 2024 his net worth is $200 billion.
Under his leadership LVMH became largest company. In 2023 he was honored with “grand cross of the legion of Honor”. He is also chairman of christian Dior Skincare and perfume. Bernard comes from a devoutly catholic family. He started his career from ferret savinel. It his his father’s company focusing on real estate business . he is also known as The Terminator due to his assertive business plans.
Biography
| Full name | Bernard Jean Étienne Arnault |
| Origin | France |
| Age | 75 |
| DOB | 5 march 1949 |
| Occupation | Businessman – art collector – investor |
| Famous for | LVMH |
| Nationality | French |
| Marital status | Married |
Early Life and Education
Bernard Arnault’s DOB is 05/03//1949. He comes from Roubaix, france. He is son of pianist Maries Joséph, daughter of Étienne Savinel. His father Jean Léon Arnault owned the engineering company Ferret- Savinel. In childhood he learned classical Piano and also joined elite Catholic Schools. He completed engineering from École Polytechnique in 1971.
He played a significant role in creation of LVMH. After joining Ferret Savinel his groundwork for a future career in luxury sector set in. He is also involved in remarkable real estate and yacht Ventures.
Bernard Arnault’s Net worth
He comes from a wealthy family, his father is owner of engineering company ferret. Bernard Arnault is the owner of $207 billion net worth in 2024. He is founder of LVMH. He owns many brands such as louis vuitton, christian Dior, Fendi and more in present LVMH empire contains 75 major fashion and cosmetic brands such as-
- Louis Vuitton
- Sephora
- Tiffany
- Celine
- Fendy
And many more. He is in the list of top 10 richest persons in world. His per annum income is $7 billion. He is owner of various buggati cars. Due to his leadership LVMH reached its height. He invested in many famous companies such as-
- Carrefour
- Royal van Lent
- Princess Yachts
In 1997 his net worth was $3.6 billion. In 2005 his net worth reached a height of $20 billion. In corona period demand for luxury fashion industry has increased..His last 6 years net worth including present year are given below-
| Year | Net Worth |
|---|---|
| 2019 | $ 107 billion |
| 2020 | $ 76 billion |
| 2021 | $ 150 billion |
| 2022 | $ 185 billion |
| 2023 | $ 200 billion |
| 2024 | $ 207 billion |
Bernard’s Other Passion’s Collection
Bernard Arnault is also involved in art collection. His collections include famous artist Picasso’s work as well as many other artists. He is founder of LVMH, which is known as a luxurious brand. He owned Phillips de Pury & company and art dealing house. He also bought Tajan, first French vendor. LVMH also created an international competition for fine arts students. They give awards to winners for designer’s label and year of mentorship. In 2006 he started his foundation project and its grand opening at jardin d’acclimatation in paris on 20 october.
Achievements of Bernard Aranult
For his dedication he won various awards in his life. In france he received grand cross of legion d’honneur and commandeur of order des arts et des lettres. In italy he won grand officer of order of merit of italian republic. In Russia he won medal of pushkin. In UK he received an honorary knight commander of most excellent order of british empire. He also received Woodrow Wilson award for global corporate citizenship. In 2014 he won museum of modern art’s david rockefeller award.
Conclusion
Bernard Arnault is from France. His father also owns an engineering company ferret. He was born to Marie Joseph and Jean Arnault. His net worth is 20,470 crores USD. he started his career from his father’s company. He also graduated from engineering. He is known as chairman and CEO of LVMH. LVMH is greatest dealer in luxury industry. Because of his presence company is so rich. He is third richest person in world. His plans are very accurate. He is also known as terminator which means a person who executes everything. In 1984 he bought christian dior by putting up $ 15 million. This was the main reason behind his success. He is CEO of LVMH till today.
FAQs
Q1. How many brands Bernard owns?
Bernard Arnault owns various brands such as fendi in 2003, la samaritaine in 2010, bulgari in 2011 and tiffany in 2021.
Q2. Can we also become rich like Bernard Arnault?
By following some tips you can also become like him. These tips are mentioned below-
- Be ambitious in life.
- Have long term vision in life.
- Focus on goals not on money.
- Know everything about your company.
- Give priority to your company.
