Bernard Arnault, aged 74 and residing in France, holds the positions of CEO and Chair at LVMH (LVMUY), the world’s largest luxury goods company. Arnault’s net worth stands at approximately $207,6 billion, primarily derived from his significant ownership stake in Christian Dior SE, the holding company controlling 41.4% of LVMH. His 97.5% ownership stake in Christian Dior is valued at around $137 billion.
An engineer by training, Arnault initially worked for his father’s construction firm, Ferret-Savinel. Taking charge in 1971, he later converted the company into a real estate entity named Férinel Inc. in 1979. Arnault further solidified his position by acquiring and reorganizing luxury goods maker Financière Agache in 1984, ultimately becoming the majority shareholder, chair of the board, and CEO of LVMH in 1987. The conglomerate encompasses renowned brands such as Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.
Arnault’s wealth also includes public assets like Moelis & Company equity (approximately $27.4 billion) and a cash reserve of around $14.8 billion. His journey from real estate to leading one of the foremost luxury goods companies underscores his enduring impact on the business world.
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