Bernard Arnault Net Worth, Bernard Arnault, the CEO and Chairman of LVMH has recently surpassed Elon Musk to become the world’s richest person. Arnault is a renowned French business tycoon and has been among the richest people in the world for the last two decades. He has a long-standing career in the business world and has been leading LVMH since 1989. In 2023, Bernard Arnault’s net worth has been estimated to be in the billions, making him one of the wealthiest individuals on the planet. This page will provide insights into Bernard Arnault’s biography, career, age, height, family, and net worth.
Who is Bernard Arnault?
Bernard Arnault, born on March 5, 1949, in Roubaix, France, comes from an industrial family. He pursued engineering studies at Ecole Polytechnique in Paris, and later started his career as an engineer at his family’s Ferret-Savinel construction company. He is the co-founder and chairman of LVMH, a company that produces luxury goods under brands such as Louis Vuitton.
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After completing his studies, Bernard Arnault began working at the Ferret-Savinel construction company as an engineer. He has been married twice and has five children. At 73 years old, he is a private individual and is rarely seen in public. He does not engage in social media.
Bernard Arnault 2023 Bio, Age, Height
|Real Name||Bernard Jean Etienee Arnault|
|Date of Birth and Place||March 5, 1949, France|
|Height and weight||6’0″ and 80 kg|
|Spouse||Anne Dewavrin, Helene Mercier|
|Number of kids||5|
|Name of children||Delphine, Alexandre, Antoine, Jean and Frederic|
|Source of wealth||Business magnate, art collector, and media proprietor|
|Net worth||$220.4 Billion|
Bernard Arnault Net Worth 2023
Bernard Arnault has recently surpassed Elon Musk to become the world’s richest person, according to Forbes. As of 2023, his net worth stands at an estimated $220.4 billion. Arnault serves as the CEO of LVMH, which is the largest luxury goods company in the world. He and his family own a 47.5 percent stake in Louis Vuitton Moët Hennessy, a company that owns over 70 high-end brands including Christian Dior, Fendi, Marc Jacobs, Sephora, Tag Heuer, Bulgari, and Tiffany & Co. LVMH is a global leader in wine, champagne, spirits, fashion and leather goods, watches, jewellery, perfumes, and cosmetics products. With over 6,000 retail stores worldwide, LVMH is a prominent player in the luxury goods market.
Bernard Arnault Net worth Growth
|Net Worth in 2023||$220.4 Billion|
|Net Worth in 2022||$180 Billion|
|Net Worth in 2021||$150 Billion|
|Net Worth in 2020||$143 Billion|
|Net Worth in 2019||$135 Billion|
|Net Worth in 2018||$130 Billion|
|Net Worth in 2017||$125 Billion|
Bernard Arnault Career
Bernard Jean Etienne Arnault began his professional career as an engineer in the family’s Ferret-Savinel construction company after graduating from the Ecole Polytechnique in Paris. In 1981, he moved to America with his family, and later in 1984, he made his debut in the world of luxury goods by purchasing the bankrupt French textile group Boussac Saint-Frères, which included the French luxury brand, Christian Dior.
After running Saint-Frères for a few years, he sold most of his business and became the majority shareholder of LVMH, a new company formed by the merger of Louis Vuitton and Moët Hennessy. His main goal at that time was to earn a profit from the shares. In 1989, he became the largest shareholder of LVMH and has been its CEO and Chairman since then.
Bernard Arnault- Family, Personal Life
Bernard Jean Etienne Arnault was first married to Anne Dewavrin in 1973 and the couple had two children named Antoine and Delphine. Unfortunately, they parted ways in 1990. Subsequently, Bernard Arnault married Helene Mercier in 1991, and they are proud parents of three children – Alexandre, Jean, and Frederic. Alexandre is an Executive Vice President at Tiffany & Co., Frederic is the CEO of TAG Heuer, and Jean is serving as the Director of Marketing and Development at Louis Vuitton.
Bernard Arnault- World’s Richest Man
In recent news, Elon Musk has lost his position as the world’s richest person, being replaced by French businessman Bernard Arnault. Despite being lesser known than Musk, Arnault is a significant figure in the luxury industry and is often referred to as the “God Father” of luxury. He currently serves as the Chairman and CEO of LVMH – Louis Vuitton SE, which is the largest luxury goods company in the world. According to Forbes and Bloomberg Billionaire Index, Arnault now holds the title of the world’s richest person.