Bernard Arnault is a French business magnate and billionaire who is the Chairman and Chief Executive Officer of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury-goods company. According to Forbes, Bernard Arnault is the richest man in the world
Bernard Arnault Net Worth
Bernard Arnault’s net worth as of 2023, according to Forbes, is $211 billion. This makes him the richest person in Europe and the richest person in the world. Arnault’s net worth has grown by over $110 billion in the past decade alone.
Bernard Arnault Profile
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Name |
Bernard Arnault |
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Real Name |
Bernard Jean Étienne Arnault |
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Birthday |
March 5, 1949 |
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Age |
74 years (2023) |
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Profession |
Entrepreneur |
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State of Origin |
Roubix |
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Nationality |
France |
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Race |
White |
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Religion |
Christian |
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Wife |
Anne Dewavrin​(1973-1990)​ Hélène Mercier ​(1991 to date)​ |
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Net worth |
$211 Billion |
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Copied from |
Contents101.com |
Bernard Arnault Business
Bernard Arnault wealth comes from his stake in LVMH, which owns luxury brands such as Louis Vuitton, Hennessy, Christian Dior, Fendi, and many others. The company has over 75 different brands under its umbrella and operates in over 70 countries. LVMH’s revenue in 2020 was over $60 billion, despite the impact of the COVID-19 pandemic on the luxury goods industry.
Arnault’s wealth has also been boosted by his investments in other companies. He has a 7.5% stake in Hermes International, which is worth over $12 billion, and a 3.2% stake in Carrefour, a French multinational retail corporation.
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Summary
In conclusion, Bernard Arnault’s net worth is a staggering $211 billion , making him the richest man in the world. His success primarily comes from his stake in LVMH, which is the world’s largest luxury-goods company. Despite the challenges posed by the COVID-19 pandemic, Arnault’s wealth continues to grow, and he remains a prominent figure in the world of business and finance.