Bernard Arnault is another name for luxury and fashion. He is the chairman and CEO of Moët Hennessy Louis Vuitton (LVMH). According to the Forbes financial report of 2024 Bernard Arnault net worth along with family is estimated near about $233 billion.
The CEO of LVMH is now one of the wealthiest individuals in the world. Most of his wealth comes from his control of LVMH. Hence there is no doubt LVMH is the world’s largest luxury goods leading brand. How is Bernard Arnault so rich? Have a look at his business ventures.
Bernard Arnault Businesses Ventures
1. LVMH:Â
The conglomerate possesses more than 70 large brands, including Louis Vuitton, Christian Dior, Moët & Chandon, Fendi, and Sephora. His leadership role transformed LVMH into a full powerhouse by endorsing luxury fashion, wine, and cosmetic sectors.
2. Tiffany & Co.:Â
LVMH acquired Tiffany in 2021 by investing $15.8 billion. Therefore to strengthen their position in the luxury jewelry market.
3. Christian Dior:Â
Bernard Arnault owns a controlling interest in Christian Dior. That turns the controls into LVMH.
4. Art and Real Estate:Â
Bernard Arnault has made large investments in invested art, by owning works by Picasso and Warhol. He also owns multiple luxury properties, a large estate in the French Alps and Paris.
In Summary:
Bernard Arnault led quite a luxury brand and lifestyle. The art collections are making him not only the richest person he is also becoming a world-famous renowned art collector.Â
Read Also:
