Dec 15, 2022

Meet Bernard Arnault, the richest man in the world and the owner of Louis Vuitton

Ankita Shukla

​The Louis Vuitton mogul

Bernard Jean Étienne Arnault is the co-founder, chairman, and chief executive of LVMH Moet Hennessy – Louis Vuitton SE, the world's largest luxury goods company.

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​The richest man in the world

Bernard Arnault has topped the Forbes Billionaires List as the world's richest person.

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​Dethroned Elon Musk

Earlier, Tesla and Space X founder Elon Musk was the richest man in the world.

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​Worth

Arnault's family has an estimated net worth of US$188.6 billion.

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​The reason

Arnault’s rise to the top is thanks to the astonishing performance of LVMH during the pandemic.

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​How it all started

Arnault worked for the Ferret Savinel family firm before relocating to the US in 1981 and starting a career in real estate development, as per LVMH website.

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​King of brands

LVMH group owns popular brands like Guerlain, Acqua di Parma, Parfums Christian Dior, Givenchy Paris, Perfumes Loewe, Benefit Cosmetics, Make Up For Ever, Kenzo Parfums, Fresh, KVD Vegan Beauty, Marc Jacobs Beauty, Fenty Beauty and Sephora.

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​Able leader

Under Arnault's leadership, LVMH has grown to become the largest company by market capitalization in the eurozone.

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His heir

Antoine Arnault, son of Bernard, is the Vice-Chairman and CEO of Christian Dior SE.

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