Have a news story our readers need to see?Submit it here. As LVMH stock soars, Bernard Arnault surpasses Jeff Bezos as the world’s richest person. The world officially has a newrichest person: the French fashion tycoon Bernard Arnault, whose estimated net worth reached $186.3 billion. That...
Bernard Arnault is an industrialist and businessman who has been serving as the chief executive officer of the Louis Vuitton conglomerate since 1989. Being the principal shareholder in the fashion company, he has become the wealthiest man in France and he is among the wealthiest people in the wo...
LVMH, meanwhile, is currently valued at $375 billion—the largest luxury company by market cap—and has made Arnault the third wealthiest person in the world behindJeff BezosandElon Muskwith anestimated net worth of $190.7 billion. Despite its dominance, a pullback from shoppers amid an uncerta...
Bernard Arnault was born in 1949 in Roubaix, an industrial city in the north of France, where his father, a prominent manufacturer, owned a civil engineering and property company, Ferret-Savinel. Arnault's mother, who had a "fascination for Dior," made certain that her son was classically ...
Forbes said that the businessman's wealth peaked in November 2021 when he was worth $320bn (£258bn). Image:CEO of LVMH Bernard Arnault The Bloomberg Billionaires Index, which uses slightly different methodologies, was updated on Wednesday and also ranked Musk's fortune behind Arna...