Bernard Arnault Net Worth is$44 Billion
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Profession: Businessperson
Date of Birth: Mar 5, 1949
Nicknames: Bernard Arnault
Country: France
What is Bernard Arnault's net worth? Bernard Arnault is a French billionaire with a personal net worth of $44 billion dollars. At $44 billion, Arnault's net worth makes him the fourth richest person in the world behind Warren Buffett, Bill Gates and Carlos Slim Helu. After a few failed business attempts in the United States, Bernard Arnault returned to France and purchased what would later become the luxury goods conglomerate LVMH, made up of such companies as Louis Vuitton, Dior, Moet & Chandon, and Fendi. His career in business began in earnest in 1971 after he graduated college. He joined up with his father's company and quickly convinced his father to get rid of the construction portion of the business and focus instead on real estate. This quickly turned out to be a good business move, and eventually Arnault was head of his own company in the United States, selling luxury condominiums in Miami, FL. Back in France, he became the CEO of Financi`ere Agache, a manufacturer of luxury goods, and Christian Dior, a famous fashion brand. In 1987 LVMH, a collective of luxury companies that includes Christian Dior was started, and Arnault found himself more successful than ever thanks to his shrewd business sense. Bernard Arnault isn't just all business, though - he is known for his keen interest in art collecting for instance. Through LVMH, Arnault has sponsored artistic exhibitions in France featuring such globally renowned artists as abstract painter Pablo Picasso and Pop Art pioneer Andy Warhol.
Bernard Arnault (pronounced: [b??na:? a?no]) (born 5 March 1949) is a French business magnate best known as the chairman and CEO of the LVMH, the largest luxury-products company in the world. According to Forbes magazine, Arnault is the world's 4th and Europe's richest person, with a 2011 net worth of US$41 billion. He has also been named by Forbes as "the fashion person of 2011".
In 2007 Arnault was named Commander of the Legion of Honour, France's highest order. The same year, he was featured in Time magazine's annual Time 100 issue as one of the 100 most influential people in the world.
Bernard Jean Etienne Arnault was born March 9, 1949, in Roubaix. His father Jean Leon Arnault was a manufacturer, owner of a civil engineering company, Ferret-Savinel. After graduating from the Maxence Van Der Meersch High School in Roubaix, Bernard Arnault was admitted to the Ecole Polytechnique (X1969) from which he graduated with an engineering degree in 1971.
Bernard Arnault has been married twice, and is the father of five children. As the director for LVMH, his daughter Delphine Arnault is actively involved in the management of the luxury group. His son Antoine Arnault is Head of Communications for Louis Vuitton. His second wife, Helene Mercier, is a pianist from Quebec. The couple has three sons. His nephew Harry Seaman is also involved in LVMH, overseeing sales and he is currently researching in the U.K.
Bernard Arnault was a witness at President Nicolas Sarkozy's wedding to Cecilia Ciganer-Albeniz. In January 2007 Kathryn Blair, the daughter of former British Prime Minister Tony Blair, completed an intensive French language and culture course at France's Sorbonne University. Tony Blair has been criticised for accepting an invitation on her behalf from Bernard Arnault. During Kathryn Blair's course, which ran from 12 October 2006 to 26 January 2007, she is thought to have been provided with an accommodation, security and transport package worth around ?80,000.<

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Bernard Arnault Latest News

Cheval Blanc co-owner dies

A Belgian billionaire who invested in the property with Louis Vuitton Moët Hennessy’s CEO, Bernard Arnault, in 1998, Frère’s death was announced yesterday (4 December). A statement from his company, G...
Posted: December 4, 2018, 4:10 am

Los Angeles County’s top 5 retail investment sales in September

An entity tied to French billionaire Bernard Arnault claimed the top retail investment sale, paying $245 million for a double-lot property on tony Rodeo Drive. The 22,000-square-foot, two-story buildi...
Posted: October 17, 2018, 8:10 am

French startup Devialet hopes to score big with smaller speakers

Devialet is backed by Bernard Arnault, France’s richest man who is also the head of luxury goods company LVMH, and by Taiwanese electronic giant Foxconn. It has raised more than $160 million since its ...
Posted: October 9, 2018, 1:40 am
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