Bernard Arnault net worth: Richest man in Europe and the world’s top-ranked billionaire, Bernard Arnault is worth more than $180 billion, as per Forbes. CEO and Chairman of the largest French conglomerate, Louis Vuitton Moët Hennessy (LVMH), Arnault oversees an empire comprising 75 fashion and cosmetic brands. He started with $15 million as an investment to acquire the luxury fashion brand Christian Dior in 1984. Cut to 2021, when LVMH took over America’s biggest jewellery brand, Tiffany & Co., in a $15.8 billion deal – one of the biggest purchases among luxury brands.
Beyond LVMH, Arnault’s holding company, Agache, also supports the venture capital firm Aglaé Ventures, which has invested in major global players like Netflix and ByteDance, the parent company of TikTok. In July 2022, Arnault announced plans to restructure Agache into a limited partnership.
After a 14% surge in the LVMH stock, it added nearly $19 billion to Arnault’s net worth earlier this week. This marked the first time there was a growth in sales in the quarterly earnings report, driven by Chinese demand. It marked its best single-day performance in more than two decades, making him the only non-American billionaire in the top ten.
Here’s a look at his biggest personal assets
Bernard Arnault’s real estate empire
From private islands to luxury residences, Bernard Arnault has the biggest real estate holdings of all time. He owns a mansion in Paris, reportedly worth $200 million. Located at 22 Avenue Montaigne along the Seine River, it has 12 bedrooms, luxury art collections (including Picasso and Monet), an Olympic pool, tennis courts, manicured gardens, and a private lake. He also owns $233 million property in the St-Germain-des-Prés, along with a winery estate, Les Parcs.
Additionally, he also owns Lyn Park, a 318-acre estate north of London, with a 4,300 sq meter villa. In the US, the LVMH Chairman owns five homes in Beverly Hills, two in Trousdale Estates, and others on the Bird Streets, with a combined worth of nearly $125 million. However, his private island is the highlight of his real estate holdings. Spanning across 133 acres, this $35 million location is only accessible via invitation.
Bernard Arnault’s personal assets
Apart from being the owner of several real holdings across the world, Bernard Arnault also owns masterpieces from artists like Picasso, Warhol, and Monet. He also holds a stake in luxury hospitality brands like Cheval Blanc and Belmond hotels. Among the 75 brands under LVMH, Arnault has a majority stake in Louis Vuitton, Dior, Tiffany & Co, TAG Heuer, and Dom Pérignon.
