All you need to know about Bernard Arnault the world’s second richest person and the richest in Europe: Biography, Net Worth, Age, Busines, Wiki, House, Family and Career
| Full Name: | Bernard Jean Étienne Arnault |
| Birth Date: | 5 March, 1949 |
| Birth Place: | Roubaix, France |
| Net Worth: | $170 billion |
| Nick Name: | Bernard Arnault |
| Religion: | Christian |
| Nationality: | French |
| Father’s Name: | Jean Leon Arnault |
| Mother’s Name: | Marie-Josephe Savinel |
| Siblings: | A sister |
| Profession: | Entrepreneur, investor, Art collector, Media proprietor |
| Marital Status: | Married |
Bernard Arnault, a French business magnate also known as Bernard Jean Étienne Arnault also an investor, and art collector. He is the co-founder, Chairman, and CEO of LVMH Mot Hennessy – Louis Vuitton SE, which is the world’s largest maker of luxury goods and currently has a market cap of $378 billion.
Arnault and his family owned a successful construction business and currently have a net worth of US$186.5 billion according to Forbes, as of December 2022, making him the world’s second richest person and the richest in Europe.
He was born on March 5, 1949 in Roubaix. His mother, Marie-Josèphe Savinel, daughter of Étienne Savinel. His father, Jean Léon Arnault, an École Centrale Paris graduate, owned the civil engineering firm Ferret-Savinel. Arnault worked at the family’s construction company for several years.
Arnault’s collection has artists like Picasso, Yves Klein, Henry Moore, and Andy Warhol. He also helped establish LVMH as a major art patron in France. The LVMH Young Fashion Designer competition was established as an international competition for students from fine arts schools. Every year, the winner receives a scholarship to support the development of their own brand as well as a year of mentorship.
In 1999 he owned Phillips de Pury & Company, an art auction house, till 2003 and bought out France’s first auctioneer, Tajan. Arnault launched the Louis Vuitton Foundation construction project in 2006. In 2014, the Foundation was officially launched at the Jardin d’Acclimatation Paris.
Bernard Arnault Net Worth
Arnold’s net worth is amassed through shares in LVMH, a company that sells luxury goods, earning billions. He would sometimes make billions in just 72 hours when stocks soared. Some brands under LVMH are Louis Vuitton, Christian Dior, Moet & Chandon, and Tiffany & Co, among many others. Bernard Arnault’s net worth is around $170 billion. Bernard Arnault is the third richest man in the world and today the richest man in Europe.
Bernard Arnault Personal Life
Bernard has been married twice (their first wife, Ann Devavrin, whom he married in 1973 and divorced in 1990). Currently he has been married to Helen Mercier since 1991. Arnault has five children who are also part of the LVMH Empire. Some children include Frederic Arnault, Antoine Arnault, Delphine Arnault, and Frederic Arnault.
Bernard Arnault Parents
He was born to Marie-Josèphe Savinel and Jean Léon Arnault.
Bernard Arnault Age, Height, and Weight
Born on 5 March 1949, Bernard Arnault is 73 years old as of 2022. His height is 1.85 meters tall, and his weight is 80 kg.
Bernard Arnault Career & Business
Arnault became president of the family business in 1978. Bernard began acquiring other companies, Financier Agache, a luxury goods company, a textile company, Boussac Saint-Frères, and Peaudouce, a diaper manufacturing company.
After becoming the CEO of LVMH in 1987 he also became the company’s chairman in 1989, after buying most of the company’s shares. Today Arnault is one of the largest luxury groups in the world. He oversaw the acquisition of major companies such as Celine, Kenzo, Berluti, La Tribune, Les Echos, and Lowe’s. Being an Investor Arnault has also invested in companies such as Boo.com, Zebank, Netflix, Colony Capital, Princess Yachts, and Château d’Yquem. Aside from business, Arnault is an art collector, and his collection includes Andy Warhol, Henry Moore, Picasso, and Yves Klein, among others.
Bernard Arnault Education and Awards
He is currently the Chairman and Chief Executive Officer of LVMH. He completed his diploma studies at Ecole Polytechnique, France’s top engineering school, in 1971 and started working for his father’s company. He soon began steering the family business away from construction and towards real estate, Ferret-Savinel sold the industrial construction division and was renamed Ferinel.
- Grand Officer of the Legion d’Honneur on 14 July 2011
- Commander of the Legion d’Honneur on 10 February 2007.
- Knight Commander of the Most Excellent Order of the British Empire in 2012
- Woodrow Wilson Award for Global Corporate Citizenship in 2011.
- The Museum of Modern Art’s David Rockefeller Prize in March 2014.
- Member of the World’s Millionaires
Facts about Bernard Arnault
- “The wolf in the cashmere coat” is his moniker.
- He is the wealthiest person in the fashion industry.
- He is a pianist.
- He is a tennis lover.
- He reportedly own a private Caribbean island in the Bahamas.
