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The wealth-tracking platform provides ongoing updates on the net worth and ranking of each individual confirmed by Forbes to be a billionaire.
Bernard Jean Étienne Arnault ... with an estimated net worth of US$199.7 billion as of September 2024 ... In July 2019, Arnault became the ...
French billionaire Bernard Arnault’s net worth rose by roughly $2.9 billion Tuesday after his luxury goods company, LVMH, reported record revenues for 2019. Arnault finished the day with...
Jul 17, 2019 · Bernard Arnault, the CEO of LVMH, is now more than $200 million richer than Bill Gates, according to the Bloomberg Billionaires Index.
- Henry Blodget
- Bernard Arnault Has Been The Richest Man in France For years.
- In 1999, Arnault Became The Richest Person in The Fashion Industry.
- Arnault’s First Job Was in Construction.
- Arnault Was Dubbed “The Terminator.”
- Arnault Has Been Chairman and CEO of LVMH Since 1989.
- Bernard Arnault and His Wife Are Avid Art Collectors.
- Arnault Plays The Piano.
- He Owns A Yacht called Symphony.
- He Requested For Belgian Citizenship But Soon Decided Against it.
- Arnault Owns A $35-Million “Secret Island” in The Bahamas.
With a net worth of almost 200 billion, he is definitely the richest Frenchman on earth, a record he has held for quite a while now. And there’s no kicking him out of his spot anytime soon.
April 1999 saw Bernard Arnault topping Spanish billionaire Amancio Ortega of Zara, becoming the richest person in fashion. This spot is still owned by Arnault after more than 20 years. In July of the same year (1999), he became the world’s second-wealthiest man with a net worth of 103 billion USD, briefly surpassing Jeff Bezos at the end of that ye...
Now don’t be shocked. His boss was his own dad who owned the Ferret-Savinel, a construction firm. Bernard Arnault graduated with a degree in Engineering in 1971 from École Polytechnique in Palaiseau, a district in the southern suburbs of the French capital. The company later became known as Ferinel Inc. and focused on real estate. It was eventually...
In 1984, Arnault bought the textile and retail conglomerate, Boussac Saint-Frères, a bankrupt company that owned the Christian Dior brand. Within two years upon taking control of the empire, Arnault fired 9,000 workers, which garnered him the nickname “The Terminator.” Bernard Arnault then sold the Boussac Saint-Frères, but he kept Christian Dior a...
Arnault purchased a controlling share in LVMH in 1989, which amounted to $2.6 billion. He became chairman and CEO of the company and never stepped down since. As of this writing, Louis Vuitton’s net worth is $381.37 billion.
Arnault is widely known for his contemporary art collection, which includes works created by Andy Warhol, Pablo Picasso, Henry Moore, Gerhard Richter, Pierre Huyghe, Christian Boltanski, Jean-Michel Basquiat, Yves Klein, and Damien Hirst. His first auction purchase, however, was Claude Monet’s painting of the Charing Cross Bridge. If you want to se...
Arnault’s wife, Hélène Mercier, is an accomplished pianist born in Montreal, Canada. Arnault plays the piano, too. In fact, he was even classically trained in the instrument. He used this talent to woo the Canadian pianist, who became his wife in 1991. His favorite composer is Frederic Chopin.
Symphonyis a 333-foot yacht built in Aalsmeer, the Netherlands, by the Dutch yacht builder Feadship. Feadship is the same shipyard that designed and built other famous luxury superyachts such as Aquarius a.k.a. Camila, owned by American real estate developer Steve Wynn; Savannah, owned by Swedish-Canadian chairman of Lundin Mining, Lukas Lundin; an...
Bernard Arnault considered moving to Belgium and planned to apply for Belgian citizenship in 2013. However, due to allegations of possible tax evasion, he immediately abandoned the plan, claiming he never intended to leave France.
Valued at $35 million USD, Arnault’s island in the Bahamas is accessible solely through invitation. It is said to be just one of his various tropical getaways. The property is hidden in the Bahamas’ Exuma Cays. Its size is 135 acres and is called Indigo Island. While it is totally closed off to the public, it is said that the island offers retreats...
Oct 10, 2019 · Europe’s richest person just got richer. The fortune of Bernard Arnault, the chairman and chief executive of LVMH, has soared by $5.1 billion since late Wednesday thanks to the strong sales...
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Sep 30, 2024 · Bernard Arnault, dubbed the “Pope of Fashion,” is a French businessman who oversees the LVMH (Louis Vuitton Moët Hennessy) empire of 75 fashion and cosmetics brands, including Tag Heuer, Dior, Sephora, Tiffany & Co, and Louis Vuitton.
