In 2009 he sold his stake in the winery Cheval Blanc to LVMH for 238 million euros. Bernard Arnault was born in Roubaix, France on Saturday, March 5, 1949. Bernard Arnault Net Worth 2020: French businessman, chairman, and CEO of French conglomerate LVMH, Bernard Arnault, has a net worth of $98.1 billion in November 2019. In July 2019, his net worth topped $108 billion which placed him as the second-richest person on the planet, roughly $400 million ahead of Bill Gates. März 1949 in Roubaix, Nord-Pas-de-Calais) ist ein französischer Unternehmer und Milliardär. Roughly half of the planet's 2,095 billionaires are now citizens of either the United States or China. He is the chairman and chief executive of the world's largest luxury goods company, LVMH. In 1950, Savinel passed on the management of Ferret-Savinel to his son-in-law Jean Léon Arnault (Bernard's father), and later gave him ownership of the company as well. He was born in 1940s, in the middle of Baby Boomers Generation, and in the Year of the Ox. In November 2019, LVMH struck a deal to buy American jeweler Tiffany & Co for $16.2 billion, believed to be the biggest luxury brand acquisition ever. LVMH Moët Hennessy, Louis Vuitton S.A. is the largest luxury-products company in the world. Additionally, he has involved himself in the yacht business. Bernard Arnault Net Worth: Salary & Earnings for 2019-2020, Zokolov Net Worth: Salary & Earnings for 2019-2020, José Zúñiga Net Worth: Salary & Earnings for 2019-2020, Scott Zolak Net Worth: Salary & Earnings for 2019-2020. He became the company's president in 1978, and continued in that position until 1984. The news—and subsequent stock rally—has made its chairman and CEO, Bernard Arnault, $8 billion richer this week, with a net worth of $122 billion. This puts the 71-year-old on track to become the world’s fifth centibillionaire, behind Jeff Bezos, Bill Gates, Elon Musk, and Mark Zuckerberg on the Bloomberg Billionaires Index. With the coronavirus-induced market crash, the Great White North’s richest billionaires have seen their fortunes go downhill. From January to December 2019, Bernard Arnault's net worth increased by $36 billion. Mexico's richest citizens have lost billions after an already tumultuous year for Latin America's second-largest economy turned worse. Four of Arnault's five children work in corners of the LVMH empire: Frédéric, Delphine, Antoine and Alexandre. His zodiac sign is Pisces. Christian Dior is a 41 percent owner in the world's largest luxury goods company, LVMH, which the Arnault family owns a 5.7 percent direct stake in. Bernard Arnault is a member of famous people who are known for being a Entrepreneur, celebrities who are 71 years old, was born in March, in the year 1949. Under Arnault, LVMH underwent massive growth. Submit a correction suggestion and help us fix it! There are 234 women on this year’s list, and a familiar face returns as the world’s richest woman. LVMH spent $3.2 billion in 2019 for luxury hospitality group, Belmond, which owns or manages 46 hotels, trains and river cruises. © 2020 Forbes Media LLC. Through LVMH, Arnault has sponsored artistic exhibitions in France featuring such globally renowned artists as abstract painter Pablo Picasso and Pop Art pioneer Andy Warhol. Bernard Arnault Is Europe's Richest Person, With An $80.8 Billion Fortune. All Rights Reserved, Chairman and CEO, LVMH Moet Hennessy Louis Vuitton. Bernard Arnault is among the wealthiest men in the world, and his fashion empire has had a tremendous impact on today’s fashion industry.By creating some of the world’s finest and most luxurious fashion products he has gained a lot of popularity and has millions of clients worldwide.As of 2019, Bernard Arnault’s net worth is around $70 billion. Holds stake in LVMH Moet Hennessy Louis Vuitton, The 10 Richest Russian Billionaires In 2020, The Richest Healthcare Billionaires Around The World 2020, The States With The Most Billionaires 2020, Bachelor of Arts/Science, Ecole Polytechnique de Paris. © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved, In The Rich Keep Getting Richer News: French Billionaire Bernard Arnault Made $5 Billion In 48 Hours, Bernard Arnault Has Just Joined The Most Exclusive Club In The World – The $100 Billion Club, LVMH Billionaire Bernard Arnault Is Now The Fifth Richest Person On The Planet. French businessman and CEO of the world’s largest luxury-products company, LVMH. These are the 10 states with the largest number of the world's richest. His birth flower is Daffodil and birthstone is Aquamarine. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. The coronavirus pandemic and a price war between Russia and Saudi Arabia have dealt a double blow to the fortunes of top energy billionaires. Bernard Arnault Net Worth As of October 2020, Bernard Arnault’s net worth as of today is estimated to be around $100 billion. Though stocks of the world’s biggest tech companies fell in March in response to the coronavirus pandemic, founders of tech giants, starting with Jeff Bezos, still dominate the uppermost ranks of Forbes’ new billionaires list. Bernard is currently 71 years old. One of the world's ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora. Together, they share two children. Is Bernard Arnault Poised To Become The World's Richest Person? All Rights Reserved. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. (Photo by NICHOLAS KAMM/AFP via Getty Images). They’re worth a combined $152 billion, $27 billion less than a year ago. Related by financial asset: Hermes International S.C.A. Auf der vom Wirtschaftsmagazin Forbes Magazine veröffentlichten Liste der reichsten Menschen der Welt 2020 wird sein Vermögen mit ca. They have three children together. Continue to next page below to see how much is Bernard Arnault really worth, including net worth, estimated earnings, and salary for 2019 and 2020. In 2019, following the devastating fire that damaged the historic Notre-Dame Cathedral in Paris, France, Arnault and his family pledged €200 million euros to help with repair and restoration efforts. His father, Jean Léon Arnault, was a manufacturer and a graduate of École Centrale Paris. From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined. Career: Following his graduation in 1971, Arnault began working at his father's company, Ferret-Savinel (which was previously owned by his maternal grandfather). Amid a plunging stock market, retail king Radhakishan Damani rises to become India’s second richest person. It was announced in 2007 that Arnault, along with the California property firm Colony Capital, owns 10.69% of Carrefour. 76 Milliarden US-Dollar angegeben, womit er Platz 3 belegt. He became CEO of Financiere Agache, and then also took over the textile company Boussac Saint-Freres. Between 1998 and 2001, through his holding company Europatweb he invested in several web companies, including Boo.com, Libertysurg, and Zebank. Arnault apparently wooed his wife, Helene Mercier, a concert pianist, by playing Chopin and other classical composers on the piano. Home to Silicon Valley, it’s no wonder California has so many of the world’s richest. Rumors began circulating that the Louis Vuitton group was going to try to buy up LVMH stock to form a "blocking minority", so to preemptively counter them Arnault spent another $600 million on 13.5% of LVMH shares. Arnault net worth has been amassed through LVMH shares a company that sells luxury goods, making billions in revenue. The results are fact checked and confirmed by a team of editors and industry insiders. At that point he was the third-richest person on the planet. Using his control, he blocked the dismantlement of the LVMH group, and has since led the conglomerate through a transformation that has positioned it as one of the largest leading luxury groups around the world. Bernard graduated from France's top engineering school, the École Polytechnique, in 1971. Continue to next page below to see how much is Bernard Arnault really worth, including net worth, estimated earnings, and salary for 2019 and 2020. Then, in 1984, he acquired the luxury goods company Financiere Agache, with the help of Antoine Bernheim. The unexpected announcement this week saw the net worth of chairman and CEO of LVMH, Bernard Arnault jump by $8.3bn (£61bn). French Billionaire Bernard Arnault Added $36 Billion To His Net Worth In 2019, Bernard Arnault's Net Worth Has Dropped $30 Billion In The Last Two Months, French Billionaire Bernard Arnault Overtakes Bill Gates As The Second Richest Person On Earth. Bernard Arnault is a entrepreneur from Roubaix, France. Bernard Arnault Net Worth Details: Arnault made most of his fortune from Christian Dior, which his family holds a 73 percent stake in. Go to next page for details on Bernard Arnault’s net worth and earnings. Photo by Jamel Toppin/The Forbes Collection; Reflects change since 5 PM ET of prior trading day. 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He wasn't done though, and in January 1989 he spent even more money, this time $500 million, to buy more shares. Most other countries have fewer billionaires this year than they did a year ago. In July 1988, he contributed $1.5 billion and formed a holding company with Guinness to capture 24% of LVMH's shares. Every Saturday, Arnault visits as many as 25 stores -- including both his and those of his competitors. Bernard Arnault Net Worth and Salary: Bernard Arnault is a French billionaire who has a net worth of $87 billion dollars. He graduated from Ecole Polytechnique with a degree in engineering in 1971.

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