Bernard Arnault

 No#2

Bernard Arnault 



  • Net worth: $200.7 billion
  • Source: LVMH/ luxury goods
  • Age: 74
  • Residence: Paris
  • Citizenship: France

Bernard Arnault, CEO and chairman of LVMH, has successfully established the world's largest luxury goods company, boasting around 70 renowned fashion and cosmetics brands including Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora. Notably, LVMH acquired Tiffany & Co. for a substantial $15.8 billion in January 2021. 

 
Arnault's initial foray into the industry involved utilizing $15 million from his father's construction business fortune to acquire Christian Dior. Remarkably, all five of Arnault's children contribute to various facets of the LVMH empire, with his daughter Delphine appointed to lead Dior, the second-largest brand in the group, in January 2023. 


Although Arnault briefly held the title of the world's richest person in the first half of 2023, he slipped to the second position on June 8, 2023. As of January 1, 2024, Forbes estimates Arnault's net worth has increased by $9.4 billion over the past month, attributed to a surge in the price of LVMH shares.

  

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