LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.
Arnault's holding company Agache backs venture capital firm Aglaé Ventures, which has investments in businesses such as Netflix and TikTok parent company ByteDance.
His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984.
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.
Billionaires (2024)
Powerful People (2018)
Personal Stats
Age 75
Source of Wealth LVMH
Residence Paris, France
Citizenship France
Marital Status Married
Children 5
Education Bachelor of Arts/Science, Ecole Polytechnique de Paris
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