Bernard Arnault & family
Chairman And CEO, LVMH Moët Hennessy Louis Vuitton$185.8B$3.4B (1.80%)
Real Time Net Worth
as of 11/29/23#2 in the world today
Born Bernard Jean Étienne Arnault
5 March 1949 (age 74)
Roubaix, France
Source of Wealth LVMH
Residence Paris, France
Citizenship France
Education Bachelor of Arts/Science, Ecole Polytechnique de Paris
Title Chairman and CEO, LVMH
Chairman, Christian Dior SE
Spouses Anne Dewavrin
Hélène Mercier
Children Delphine, Antoine, Frédéric, Jean, Alexandre
Relatives Natalia Vodianova (daughter-in-law)
About Bernard Arnault & family
Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.
LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.
Arnault's holding company Agache backs venture capital firm Aglaé Ventures, which has investments in businesses such as Netflix and TikTok parent company ByteDance.
His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984.
Arnault's five children all work at LVMH; in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes.
"I see myself as an ambassador of French heritage and French culture. What we create is emblematic. It's linked to Versailles, to Marie Antoinette."
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