Bernard Arnault Net Worth in 2017: $37.2 billion
Full name: Bernard Jean Étienne Arnault
Date of birth: 1949-03-05 (68 years)
Birth Place: Roubaix, France
Residence: Paris, France
Marital Status: Married
Education: École Polytechnique
Salary: $N/A / year
Source of Wealth: LVMH
Bernard Arnault biography
Wondering what is Bernard Arnault’s net worth or how much money is Bernard Arnault making? You’re in the right place! Keep reading!
Bernard Arnault has a Net Worth of $37.2 Billion due to his successful career as a businessman and investor
Since 1989, Bernard Arnault is the Chief Executive Officer and chairman of LVMH.
The French businessman began his career working at his father company. Bernard Arnault transformed his father’s company into a luxury real estate selling development under the name Férinel.
After that, Arnault Bernard purchased in 1984 a luxury goods company called Financière Agache. When the French businessman became Chief Executive Officer of Financière Agache, he took control of a textile company called Boussac.
The Boussac textile company owned the retail shop Conforama, the department store Le Bon Marché, the diapers industrial Peaudouce and Christian Dior.
Shortly after the French businessman liquidated Boussac, but keeping Christian Dior and the department store Le Bon Marche, Arnault Bernard founded LVMH.
Currently, LVMH is a French multinational luxury goods conglomerate. This luxury goods conglomerate became real after the merger of Louis Vuiton and Moët Hennessy.
The main holding company of LVMH Moët Hennessy Louis Vuitton SE or LVMH is Christian Dior. Currently, LVMF owns brads and companies in sectors like Wines and Spirits ( Dom Pérignon, Hennessy, Moët & Chandon ), Fashion and Leather Goods ( Céline, Dior, Louis Vuitton ), Perfumes and Cosmetics ( Parfums Christian Dior, Acqua di Parma, Parfums Givenchy ) and Watches and Jewelry ( Bulgari, Hublot, TAG Heuer ).
In 2012, LVMH had a revenue of € 30.6 billion, an operating income of €5.9 billion, a profit of €3.909 billion and a number of employees of 87.544.
Besides his career as a businessman at LVMH, Bernard Arnault is also know for his successful career as an investor.
The French business magnate invested in a couple of web companies, between 1998 and 2001, like Netflix, Boo.com, Zebank and Libertysurf.
After that, in 2007, Bernard Arnault through Blue Capital, a company that he owns with Colony Capital, purchased 10.69% of Carrefour.
In 2008, the French business magnate and investor bought and invested in Princess Yacht, a British motor yacht manufacturer and in Royal van Lent.
Bernard Arnault Net Worth 2015
In 2015, the French business magnate Bernard Arnault has a net worth of $37.2 Billion and he is the second richest person in Europe after Liliane Bettencourt.
Regarding his estates and homes, Bernard Arnault owns a remarkable hotel named The Cheval Blanc, a 150 year old castle named Chateau Cheval Blanc and a palatial water front villa in St. Tropez.
Besides that, the French business magnate also owns a private yacht named Amadeus Yacht, a $30 million private island in Bahamas named Indigo Island and a BMW 7-Series luxury sedan.
Bernard Arnault is also an avid art lover and currently owns works of artists like Andy Warhol, Henry Moore, Picasso and Yves Klein.
So how much is Bernard Arnault worth? All of his hard work took Bernard Arnault Net Worth 2015 to $37.2 Billion
Bernard Arnault net worth evolution
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* in million/billion of USD
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