Tuesday, August 20, 2024

Bernard Arnault & family

Bernard Arnault & family, Chairman and CEO, LVMH Moët Hennessy Louis Vuitton
Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. 
 
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

 

No comments:

Post a Comment

AdSense3