Bernard Arnault Net Worth in 2024 How Rich is He Now?
by Dheshni | Updated Jan 17, 2024
How much is Bernard Arnault's Net Worth?
According to online sources, Bernard Arnault's ( French businessman, investor, and art collector) Net Worth is estimated to be $160 Billion Dollars. Bernard Arnault Net Worth is largely the result of his success as a French businessman, investor, and art collector.
Name
Bernard Arnault
Net Worth
Profession
Chief Executive Officer Of LVMH
Date of Birth
5 March 1949
Age
74 years old
Height
185 cm (6 Feet 1 Inch)
Weight
(178 lbs) 81 kg
Birthplace
Roubaix, France
Nationality
French
$160 Billion Dollars
Who is Bernard Arnault?
Bernard Arnault, a prominent figure in the world of business and luxury, stands as a French entrepreneur, investor, and art connoisseur. Best known as the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton, he has played a pivotal role in shaping the global luxury goods industry.
LVMH, under Arnault's leadership, has evolved into the largest luxury conglomerate globally, boasting a revenue of 79.2 billion euros ($83.4 billion) in 2022. Arnault's influence extends beyond the corporate realm, as he ranks among the wealthiest individuals globally, a testament to the success of his business ventures.
His family's significant stake in LVMH, amounting to approximately half of the company, highlights the familial dynamics reminiscent of the television series Succession. The vast portfolio of LVMH comprises over 70 renowned brands, each an epitome of luxury. Among them are iconic names such as Louis Vuitton, Moet & Chandon, Hennessy, Christian Dior, Marc Jacobs, Fendi, Tiffany & Co, Chaumet, Bulgari, TAG Heuer, Belvedere, Dom Pérignon, and Château Cheval Blanc.
Arnault's strategic vision and business acumen have not only propelled LVMH to unprecedented success but have also solidified his reputation as a trailblazer in the luxury goods industry. Additionally, his passion for art is reflected in his role as a dedicated art collector, adding another dimension to the multifaceted personality of Bernard Arnault.
Real Name
Nick Name
Bernard Arnault
Date of birth
5 March 1949
Age
74 years old
Height
185 cm (6 Feet 1 Inch)
Weight
(178 lbs) 81 kg
Birth Place
Roubaix, France
Gender
Male
Profession
Chief Executive Officer Of LVMH
Nationality
French
Education
Ecole Polytechnique
Zodiac Sign
Pisces
Kids/Children Name
Antoine Arnault, Delphine Arnault, Frederic Arnault, Alexandre Arnault, Jean Arnault
Parents
Jean Arnault, Marie-Josèphe Savinel
Divorce
Anne Dewavrin (m. 1973; div. 1990),
Spouse
Helene Mercier (m. 1991)
Bernard Jean Etienne Arnault
Bernard Arnault Career
Bernard Arnault began his career in the family business, which was involved in civil engineering and construction. He eventually took over the company and expanded it to include real estate and other industries. In 1984, Arnault made his first foray into the luxury goods industry when he bought the struggling fashion company Christian Dior.
Arnault quickly turned Christian Dior around and expanded the company's offerings to include a wider range of luxury goods. He also began acquiring other luxury brands and eventually merged Christian Dior with the luxury goods company Louis Vuitton to form LVMH Moët Hennessy – Louis Vuitton SE.
Bernard Arnault Age
As of now, Bernard Arnault is 74 years old (born 5 March 1949). in Roubaix, France, Arnault has become a stalwart figure in the business world, renowned for his role as the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His enduring impact on the luxury goods industry is a testament to his innovative spirit and strategic vision.
Having embarked on his journey in the 1980s, Arnault, alongside collaborators Alain Chevalier and Henry Racamier, conceived the idea of consolidating luxury brands under the umbrella of LVMH. This visionary move has since propelled the conglomerate to unparalleled success, making it the world's largest luxury goods company.
As of April 21, 2022, Arnault's net worth reached an impressive $146 billion, securing his position as the third richest person globally. With his continued passion for business and art, Bernard Arnault stands as a beacon of optimism, embodying the timeless adage that age is but a number in the pursuit of excellence.
Bernard Arnault Achievement and Awards
Bernard Arnault, the Chief Executive Officer of LVMH Moët Hennessy – Louis Vuitton SE, is widely regarded as one of the most influential and successful business leaders in the world. Here are some of his notable achievements and awards:
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Arnault is consistently ranked among the wealthiest people in the world, with an estimated net worth of over $150 billion as of 2021.
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He is the Chairman and CEO of LVMH, the world's largest luxury goods company, with over 70 brands under its umbrella, including Louis Vuitton, Fendi, Givenchy, and Sephora.
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Arnault has been recognized for his contributions to the arts and culture. In 2006, he was awarded the Grand Cross of the Legion of Honor, the highest honor in France.
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He has been named among Time magazine's 100 most influential people in the world several times, including in 2018, when he was named one of the most influential people in business.
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Arnault has also been honored for his philanthropic efforts. In 2018, he donated $220 million to help fund the reconstruction of Notre Dame Cathedral in Paris after it was damaged by a fire.
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In 2019, Arnault was named the third most powerful person in the world by Forbes magazine, behind only the Chinese leader Xi Jinping and the Russian president Vladimir Putin.
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Arnault has also been recognized for his contributions to the fashion industry. He has received numerous awards and honors from fashion organizations and publications, including the International Fashion Awards' Lifetime Achievement Award in 2013.
Overall, Bernard Arnault's achievements and awards reflect his immense success as a business leader and his dedication to philanthropy and the arts.
Bernard Arnault Net Worth - FAQ
Bernard Arnault is known as a French businessman, investor, and art collector. Bernard Arnault was born on 5 March 1949 and presently Bernard Arnault is 74 years old.
As of 2024, Bernard Arnault's net worth is $160 Billion Dollars. Bernard Arnault is a French businessman, investor and art collector who was born on 5 March 1949.
Bernard Arnault the successful French businessman, investor, and art collector weighs (178 lbs) 81 kg. Get to know more about Bernard Arnault from the above article.
Bernard Arnault is a French businessman, investor, and art collector who stands 185 cm (6 Feet 1 Inches) tall.
Bernard Arnault was born on 5 March 1949. Bernard Arnault is 74 years old.