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Bernard Arnault

Bernard Arnault

French business magnate

Bernard Jean Étienne Arnault (born 5 March 1949) is a French businessman, investor, and art collector.

He is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury goods company.

Arnault is, as of 31 January 2022, the second-richest person in the world and the richest person from Europe, with an estimated net worth of US $192.6 billion according to Forbes.

Early life

Bernard Jean Étienne Arnault was born on 5 March 1949, in Roubaix, France. His mother, Marie-Josèphe Savinel, daughter of Étienne Savinel, had a "fascination for Dior". His father, manufacturer Jean Léon Arnault, a graduate of École Centrale Paris, owned the civil engineering company Ferret-Savinel.

Arnault was educated at the Lycée Maxence Van Der Meersch in Roubaix, and the Lycée Faidherbe in Lille. In 1971, he graduated from the École Polytechnique, France's leading engineering school, and began work for his father's company. Three years later, after he convinced his father to shift the focus of the company to real estate, Ferret-Savinel sold the industrial construction division and was renamed Ferinel. Following the acquisition of a textile company and relocation of their headquarters, the company renamed the real estate branch to the George V Group. The real estate assets were later sold to Compagnie Générale des Eaux (CGE), eventually becoming Nexity.

Timeline

March 5, 1949
Bernard Arnault was born in Roubaix.

Invested in

Patents

Further Resources

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News

Title
Author
Date
Publisher
Description
Catherine Bennett
September 26, 2021
the Guardian
With its new 'house ambassador', the luxury jeweller is set fair to cash in
Agencies
August 5, 2021
@bsindia
According to Forbes Real-Time Billionaires List, Arnault, whose subsidiaries consist of fashion companies such as Louis Vuitton, Sephora, Moet & Chandon, and Tiffany & Co, held net worth of $199.1 bn
Livemint
August 5, 2021
mint
Arnault, one of the leading authorities in global fashion, runs LVMH Moët Hennessy Louis Vuitton and oversees 70 brands, including Louis Vuitton and Sephora
Zee News
May 27, 2021
Zee News
A very interesting upsurge continues in the list of the world s billionaires.
May 24, 2021
mint
The LVMH Chairman's net worth is now $186.3 billion compared to Amazon's Jeff Bezos, whose net worth is $186 billion, currently
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