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...
Arnault had initially invested in LVMH at the invitation of the CEO of Louis Vuitton, Henry Racamier, who wanted his backing to consolidate his position against Alain Chevalier, the CEO of the much larger Moët Hennessy. Since the merger, there had been constant feuding and legal battles betw...