Popular Business man Bernard Arnault birth name was Bernard Jean Étienne Arnault. He was born in 5th March 1949 at Roubaix city, France. He was a French Business magnate, art collector & an investor. He was a co-founder, chairman, CEO of LVMH. It was the world’s largest luxury goods company.
According to Forbes, Bernard Arnault & his family has a net worth of $186.5 billion USD as of December 2022. This net worth of money makes him the richest person in the world. Forbes listed on the Forbes Billionaires list in 2022. This puts him ahead of Bill Gates in the ranking.
Bernard Arnault parent names are Marie Josephe Savinel (mother) & Jean Leon Arnault (father). His father was a manufacturer and a graduate of Ecole Centrale Paris. He had owned the civil engineering company Ferret-Savinel.
Bernard Arnault personal details
| Full Name | Bernard Jean Étienne Arnault |
| DOB | 5th March 1949 |
| Mother | Josephe Savinel |
| Father | Jean Leon Arnault |
| Birth Place | Roubaix, France |
| Spouse | Anne Dewavrin (M. 1973 & Div. 1990) Hélène Mercier (M. 1991) |
Bernard Arnault had educated at Lycee Maxence Van Der Meersch and Lycee Faidherbe in Lille Roubaix city, France. He was graduated from France’s leading engineering school Ecole Polytechnique.
In 1971, Bernard Arnault had begun his professional career at firm Ferret-Savinel. This firm owned by his father. 3 years later he convinced his father to change the focus of the company into the real estate.
Bernard Arnault became the president of the Ferret-Savvinel from 1978 to 1984. In the same time he became a young real estate developer.
In 7th March 2011, Bernard Arnault announced an investment of 50.4% in the family that owned shares of the Italian Jeweler Bulgari. This announcement was made with the intention of making a tender offer for the rest of the remained public shares.
In February 2014, Bernard Arnault entered into a joint venture with the Italian fashion brand “Marco De Vincenzo”. He did this by taking a minority stake of 45% in the firm.
In April 2017, Bernard Arnault announced an investment in Christian Dior haute couture, leather goods, both men’s and women’s ready-to-wear, and footwear. LVMH announced the integration of the entire Christian Dior brand through an investment.
Business man Bernard Arnault is the wealthiest man in the world with the net worth of $ 198.4 billion.
Bernard Arnault had planned to acquire Tiffany & Co for the approximate $ 16.2 billion USD. The deal had expected to close by the year June 2020.
In September 2020, Bernard Arnault’s LVMH had then issued a statement takeover of Tiffany’s should not proceed. LVMH Company told, the deal was considered as invalid due to Tiffany’s handling of the business during the COVID-19 pandemic.
In 2017, during the 2nd round of the French presidential election, the Bernard Arnaults supported France President Emmanuel Macron.
In October 2022, Bernard Arnault stated that LVMH sold their private jet. This was done after a Twitter user made a statement about tracking its flights. Instead of that Bernard Arnault began renting the private aircraft for his personal and the business visits.
Bernard Arnault received several awards, some of the awards are mentioned below.
- In 2011, Woodrow Wilson Award was received for Global Corporate Citizenship.
- In 2012, Bernard Arnault was appointed as Honorary Knight Commander of the Most Excellent Order of the British Empire.
- In March 2014, the ‘David Rockefeller’ Award was bestowed upon the Museum of Modern Art.
