Bernard Arnault Net Worth: French businessman, investor, and art collector, and in this very post, we are going to dive a bit into his life.
Bernard Arnault, the business tycoon, is currently regarded as one of the richest men in the world. Counting from 1 to 5, you can’t mention the top 5 richest men or billionaires in the world and omit his name. That would be a bad move.
Just relax and join us by reading to the very end of this article, we promise to serve you with all the details you will need to know about the man. We are taking you for a deep dive exploration tour on Bernard Arnault and what his net worth is, the kind of work he does, and where his income comes from.
Who is Bernard Arnault?
Bernard Arnault, born on March 5, 1949, is a prominent French businessman, investor, and art collector. Best known as the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton SE, Arnault has played a pivotal role in shaping the global luxury goods industry.
Early Life and Career
Arnault’s mother, according to Wikipedia was a pianist Marie-Josèphe Savinel, daughter of Étienne Savinel, she had a “fascination for Dior”. His father, manufacturer Jean Léon Arnault, a graduate of École Centrale Paris, owned the civil engineering company Ferret-Savinel.
Raised in a “strict Catholic-Auvergne” style by his devoutly Catholic grandmother, Arnault took classical piano lessons as a child and attended elite Catholic schools.
Arnault was educated at the Lycée Maxence Van Der Meersch in Roubaix and the Lycée Faidherbe in Lille. In 1971, he graduated from the École Polytechnique, France’s leading engineering school, and began work for his father’s company.
In 1989, Arnault engineered a defining moment by acquiring LVMH, a conglomerate of prestigious brands. Under his leadership, LVMH has become the world’s largest luxury goods company, boasting iconic names in fashion, cosmetics, and more.
Beyond LVMH, Arnault has ventured into diverse business endeavors, showcasing his versatility as an entrepreneur. His investments and strategic moves have contributed to his success in multiple industries.
Personal life (Wife and Children)
In 1973, he married Anne Dewavrin, together had two children, Delphine and Antoine. They separated in 1990. In 1991, he married Hélène Mercier, a Canadian concert pianist. They have three sons, Alexandre, Frédéric, and Jean. Arnault and Mercier live in Paris.
All five children—Delphine, Antoine, Alexandre, Frédéric, and Jean—have official roles in brands controlled by Arnault, along with his niece Stephanie Watine Arnault.
Arnault is the father of 4 sons and 1 daughter. He has also four grandchildren, two from his son Antoine, and two from his daughter, Delphine.
Arnault’s five children all work at LVMH; in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes.
EducationBachelor of Arts/Science, Ecole Polytechnique de Paris
What Is Bernard Arnault Net Worth?
Arnault has an estimated net worth of US$204.9 billion as of 26 January 2024, according to Forbes, making him one of the wealthiest people in the world.
We published this article Bernard Arnault Overtakes Elon Musk As Richest Person In The World, after Forbes announced that he has overtaken Musk to become the wealthiest human on earth.