According to Forbes magazine, Bernard Arnault is the richest man in the world. He is the chairman and chief executive officer of LVMH and is the grandson of LVMH founder, Louis Vuitton.
There are conflicting accounts of how the family fortune was amassed. One account says that Arnault was given a $10 million gift from his grandfather, which allowed him to start his own company. Another account says that Arnault finished his studies and became a banker for his grandfather’s company in 1978.
In either case, LVMH Group has been the major force in the luxury industry since the 1990s.
What is LVMH Group?
LVMH Group is a French multinational luxury goods company headquartered in Paris, France. It manages a portfolio of over 70 diverse brands and is the world’s leading luxury goods company with over €45 billion in sales in 2015.
The company is controlled by the Arnault family. Bernard Arnault is the chairman and chief executive officer, while his sister and mother respectively head the fashion house and Christian Dior brand.
Who is Bernard Arnault?
Bernard Arnault is the richest person in the world. He is the CEO of LVMH, a French luxury goods company that has been operating since 1945. Bernard Arnault has a net worth of $39 billion.
LVMH’s business in the luxury industry
LVMH, which is the world’s largest luxury goods company, is led by Bernard Arnault and his family. Arnault has a net worth of $50.2 billion, making him the richest person in the world.
The family has been in the luxury industry for three generations and is one of the world’s leading retailers. LVMH owns the world’s most famous brands, including Louis Vuitton, Christian Dior, Moet, Hennessy, and Dom Perignon.
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The Richest People In The World
The Richest Family In The World: Bernard Arnault & family The richest family in the world is the family of Bernard Arnault.
Mr. Arnault, the chairman, and CEO of luxury goods company LVMH has a net worth of $72 billion USD. Mr. Arnault’s family has been involved in the business for generations. The family’s wealth is primarily in LVMH and other luxury brands.
The Richest Family In The World
The richest family in the world, the Arnault family, is led by the richest man in the world, Bernard Arnault. The Arnault family is a family of businesspeople, who have been leaders in the luxury goods industry.
The family has made billions in the retail, luxury goods, and finance industries. They are known for their business acumen and staying power.
The family has a net worth of $72.7 billion. The Richest Family In The World: Bernard Arnault & family Bernard Arnault is the richest man in the world with a net worth of $72.7 billion. He is the president and CEO of LVMH, the world’s largest luxury goods company.
He is also the chairman of Kering, a multinational holding company that owns several popular luxury brands, such as Hermes, Puma, Gucci, and Yves Saint Laurent.
Bernard Arnault’s life
Bernard Arnault was born in 1950. He is a French businessman, who is considered to be the richest person in the world. Arnault is the CEO of LVMH, the world’s largest luxury goods company. Arnault’s net worth is estimated at $72 billion. In 2018, he ranked No. 8 in Forbes’ list of the World’s 100 Most Powerful People.
LVMH’s success
LVMH is a French multinational luxury goods conglomerate founded by Bernard Arnault and headquartered in Paris, France. The company maintains a portfolio of over 90 brands and is the world’s largest privately owned company in terms of revenue. Bernard Arnault is the Chairman and CEO of the group.
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The company’s influence
With a personal fortune of $72.6 billion, Bernard Arnault is the richest person in Europe and the second richest person in the world. He is the CEO and chairman of LVMH, the world’s largest luxury goods company.
He is also the richest person in France and the richest person in the world to have been born in France. He is married to the daughter of the late Liliane Bettencourt, the French heiress who is currently the richest woman in the world.