Who is Bernard Arnault, the owner of Louis Vuitton Moët Hennessy (LVMH)? Know about the richest man in the world with a net worth of $209.4 billion

May 02, 2024 Anita Santosh

Born in the Northern French town of Roubaix, Bernard Arnault grew up in a family with a penchant for luxury brands.

[{"selector":"#anim-58acbaa2-06a5-4594-bb7c-c1720a64b6fd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

[{"selector":"#anim-eea9b773-6346-431f-a3a5-efc9b3d218db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arnault’s ascent to the summit of the luxury fashion industry began with the acquisition of the parent company of Christian Dior for a modest sum of 15 million dollars.

Earning the moniker “The Terminator” for his bold restructuring efforts, Arnault orchestrated the streamlining of Boussac Saint-Frères, shedding non-core assets to focus on Dior and Le Bon Marché.

[{"selector":"#anim-835d683f-20d7-4f92-85cf-5485e2b51fc9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

By 1989, he solidified his dominance, assuming the role of chairman and steering LVMH towards unprecedented success.

[{"selector":"#anim-0bd0ae2e-d8f4-4ae2-b7af-ed12b71dcb4c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

[{"selector":"#anim-a1958ee2-ec56-4c1a-95e2-8ec9b5d7ea63 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] His crowning achievement, the Louis Vuitton Foundation, stands as a testament to his commitment to fostering creativity and innovation.

Arnault’s opulent lifestyle is mirrored in his residences, including a sprawling mansion valued at Rs. 1648 crores and a vacation home in Saint-Tropez worth Rs. 100 crores.

[{"selector":"#anim-74d5e615-d1e1-4640-8153-968d92d47151 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more