Bernard Arnault is a French businessman best known as the chairman and CEO of the French conglomerate LVMH Moët Hennessy Louis Vuitton SA, the largest luxury-products company in the world.
He is a producer, known for The Morozov Brothers: The Story of a Collection (2021), Charlotte Perriand: Pioneer in the Art of Living (2019), and Peter Marino: Beauty and Power.
Bernard Arnault Bio
Bernard Arnault Business Career
In 1971 he took control of his father’s construction firm Ferret-Savinel.
Eight years later he changed the company’s name to Férinel Inc. and shifted its focus to real estate.
With $15 million of his own money, Arnault, raised the $80 million necessary to purchase Boussac Saint-Frères.
He continued to acquire luxury brands, including the Italian company Fendi (2003), French department store La Samaritaine (2010), Italian jewelry brand Bulgari (2011), and the classic American jeweler Tiffany & Co. (2021).
Bernard Arnault Business
- Bernard Arnault oversees the LVMH empire of some 70 fashion and cosmetics brands, including Louis Vuitton and Sephora.
- In January 2021, LVMH acquired American jeweler Tiffany & Co for $15.8 billion.
- LVMH spent $3.2 billion in 2019 on luxury hospitality group Belmond, which manages 46 hotels, trains, and river cruises.
- Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1985.
- Four of Arnault’s five children work in corners of the LVMH empire: Frédéric, Delphine, Antoine, and Alexandre.
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