Bernard Arnault Net Worth: Elon Musk is not the richest person of the world anymore and Bernard Arnault has snatched this title from him. French business tycoon Bernard Arnault has overtaken Twitter and Tesla owner Elon Musk in terms of the richest person of the world. Bernard Arnault is a French businessman, who has been serving as the CEO/Chairman of the LVMH since 1989. Here we will know who is Bernard Arnault and what is his business and how much wealth does he have?
Everytime he has been in the first, second, and third positions among the richest people in the world. It is said about him that for the last twenty years he has remained among the richest people in the world. So today we will learn about Bernard Arnault Net Worth 2023 – Bio, Career, Age, Height, Family, Richest Man via this page.
Who is Bernard Arnault?
Bernard Arnault was born in Roubaix, France on 5 March 1949 to an industrial family. He studied engineering at the Ecole Polytechnique in Paris and later began his career as an engineer at the family’s Ferret-Savinel construction company. Talking about Bernard Arnault, he is the co-founder and chairman of LVMH.
This company manufactures luxury products under the name of Louis Vuitton brand and it is high premium brand. After studying at the Ecole Polytechnique, he started working as an engineer with the Ferret-Savinel construction company. He has married twice, with whom he has 5 children. Bernard Jean Etienee Arnault , 73 years old, is rarely seen in public and keeps himself away from social media.
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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
According to the list of Forbes he is the world’s number 1 rich person. As per real time update Bernard Arnault Net Worth 2023 is $220.4 Billion. Bernard Arnault is the CEO of LVMH, the world’s largest luxury goods company. Bernard Arnault and his family own a 47.5 percent stake in Louis Vuitton Moët Hennessy and this luxury house currently owns over 70 brands. LVMH is not only of France but also the world’s largest luxury goods company and it has more than 60 subsidiaries.
These include brands such as Christian Dior, Fendi, Marc Jacobs, Sephora, Tag Heuer, Bulgari and Tiffany & Co. Bernard Arnault’s company is involved in the business of wine, champagne, spirits, fashion and leather goods, watches, jewellery, perfumes and cosmetics products. They have around 6000 retail stores across the world.
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 Etienee Arnault studied engineering at the Ecole Polytechnique in Paris and later began his career as an engineer at the family’s Ferret-Savinel construction company. After working in this company for many years, he shifted to America in 1981 with his entire prover. Later in 1984, he bought French luxury designer Christian Dior’s bankrupt French textile group Boussac Saint-Frères. With this, he made his debut in the world of luxury goods.
After running Saint-Frères for a few years, he sold most of his business and at that time bought a majority of the shares in LVMH, the new company formed by the merger of Louis Vuitton and Moët Hennessy. His main objective at that time was to earn profits from these shares. In 1989, Bernard Arnault became the largest shareholder of LVMH and has been its chairman and CEO since 1989.
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Bernard Arnault- Family, Personal Life
Bernard Jean Etienee Arnault married Anne Dewavrin in 1973. They were blessed with two kids, Antoine and Delphine but they got separated in 1990. After that, Bernard Arnault married Helene Mercier in 1991, and they have their three kids named Alexandre, Jean and Frederic. Alexandre is the EVP of Tiffany & Co., Frederic is the chief executive officer of TAG Heuer, whereas Jean is the director of marketing and development at Louis Vuitton.
Bernard Arnault- World’s Richest Man
According to the Forbes latest list, American businessman Elon Musk has now lost the title of the world’s richest man. And his place has been taken by a person about whom people do not know much. According to Forbes and Bloomberg Billionaire Index, French businessman Bernard Arnault has become the richest person in the world.
Bernard Arnault is also known as the God Father of the luxury industry. He is also the Chairman (Owner) and Chief Executive (CEO) of LVMH – Louis Vuitton SE, the world’s largest luxury-goods company.