Biography of Bernard Arnault complete biography for Class 10, Class 12, and Graduation and other classes.
| Full Name | Bernard Jean Étienne Arnault |
| Born | 5 March 1949 (age 73 years), Roubaix, France |
| Net worth | 20,390 crores USD (2023) Forbes |
| Organizations founded |
Europ@web, Groupe Arnault
|
| Children | Antoine Arnault, Delphine Arnault, Alexandre Arnault, Frédéric Arnault, Jean Arnault |
| Spouse | Hélène Mercier (m. 1991), Anne Dewavrin (m. 1973–1990) |
Bernard Arnault is a French billionaire businessman and the chairman and CEO of LVMH (Louis Vuitton Moët Hennessy), the world’s largest luxury goods conglomerate. LVMH comprises over 60 subsidiaries that each manage a small number of prestigious brands, including Louis Vuitton, Dior, Fendi, Bulgari, Celine, Loewe, Kenzo, Givenchy, and Tag Heuer. Arnault is widely considered to be one of the most powerful and influential people in the fashion industry.
Arnault was born on March 5, 1949, in Roubaix, France. He graduated from the École Polytechnique in Paris in 1971, and later earned an MBA from the École des Ponts ParisTech.
Arnault began his business career in the construction industry, working for his father’s company, Ferret-Savinel. He was able to gain control of the company in the 1970s and helped to reshape it, changing its focus to luxury goods and diversifying its portfolio of brands.
In 1984, Arnault acquired a controlling stake in the luxury goods company Financiere Agache and merged it with the fashion house Louis Vuitton to create LVMH. Under his leadership, the company has continued to grow and expand, acquiring a number of other prestigious fashion brands such as Dior, Fendi, and Bulgari.
Arnault is considered to be one of the most successful and influential businessmen in the world, he is also known for his philanthropic activities, he is a member of The Giving Pledge, an organization founded by Bill Gates and Warren Buffet, where the world’s wealthiest people commit to giving away the majority of their wealth to philanthropy.
He is also known for his art collecting, and he is a patron of the arts and culture, he sits on the board of the Metropolitan Museum of Art in New York and the Palace of Versailles in France, also his luxury conglomerate LVMH has a number of museums, notably Louis Vuitton Foundation in Paris.
Arnault has been honored for his business accomplishments and philanthropy, including being knighted by the French government and being awarded the Legion of Honor. He is one of the richest people in the world and his family’s net worth is estimated to be in the hundred billion.
