Bernard Arnault Net Worth: Bernard Arnault, a French businessman who has served as CEO and Chairman of LVMH since 1989, has surpassed Elon Musk to become the world’s richest person. Arnault has frequently been ranked among the world’s wealthiest individuals over the past two decades. This article aims to provide insights into Arnault’s career, age, family, and wealth, including his net worth in 2023.
Arnault has consistently ranked among the top three richest people in the world. This page offers information about his background, professional accomplishments, and financial standing as the richest man in the world, as of the current date.
Who is Bernard Arnault?
Bernard Arnault, born on March 5, 1949, in Roubaix, France, hails from a family with a background in industry. He earned a degree in engineering from the Ecole Polytechnique in Paris before embarking on his career as an engineer at his family’s construction firm, Ferret-Savinel.
Arnault is best known as the co-founder and chairman of LVMH, which produces luxury goods under the Louis Vuitton brand, among others. This high-end brand is associated with premium quality and is well-known worldwide. Arnault has been married twice and has five children. Despite his high profile in the business world, the 73-year-old entrepreneur is known for keeping a low public profile and avoiding social media.
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 Forbes, Bernard Arnault is currently the richest person in the world, with a net worth of $220.4 billion as of 2023. Arnault serves as the CEO of LVMH, the world’s largest luxury goods company. Together with his family, Arnault owns a 47.5 percent stake in Louis Vuitton Moët Hennessy, which owns over 70 luxury brands, making it the largest luxury goods company in both France and the world, with over 60 subsidiaries.
LVMH’s portfolio includes notable brands such as Christian Dior, Fendi, Marc Jacobs, Sephora, Tag Heuer, Bulgari, and Tiffany & Co. The company operates in several industries, including wine, champagne, spirits, fashion, leather goods, watches, jewelry, and perfumes and cosmetics. They have a presence in over 6,000 retail stores worldwide.
Bernard Arnault Net worth Growth
|Net Worth $220.4 Billion||in 2023|
|Net Worth $180 Billion||in 2022|
|Net Worth $150 Billion||in 2021|
|Net Worth $143 Billion||in 2020|
|Net Worth $135 Billion||in 2019|
|Net Worth $130 Billion||in 2018|
|Net Worth $125 Billion||in 2017|
Bernard Arnault Career
Bernard Jean Etienne Arnault completed his engineering studies at the Ecole Polytechnique in Paris before embarking on his professional career as an engineer with his family’s construction company, Ferret-Savinel. After working there for several years, he relocated to the United States with his family in 1981.
In 1984, Arnault purchased the bankrupt French textile group Boussac Saint-Frères, which owned the luxury designer Christian Dior. This acquisition marked his entry into the world of luxury goods.
After running Saint-Frères for a short time, Arnault sold most of the business and used the profits to purchase a majority of the shares in LVMH, a new company created by the merger of Louis Vuitton and Moët Hennessy. At that time, his main goal was to profit from the shares. By 1989, he had become LVMH’s largest shareholder and has served as its chairman and CEO since then.