Meet the Luxury good mogul Bernard Arnault, one of the world’s richest men, and the richest person in Europe who today is also the world’s third-richest person just behind Jeff Bezos and Bill Gates. Bernard is the billionaire chief executive of the world’s largest luxury goods company LVMH Moet Hennessy Louis Vuitton.
He oversees an empire of 70 brands, which include Sephora, Louis Vuitton, Tiffany & Co, among other brands. In 2018 alone, LVMH had revenue of $55.3 billion from the sale of luxury products such as TAG Heuer watches, Louis Vuitton leather goods, Rimowa luxury suitcases, Dom Perignon champagne, among others. With such revenue, one might wonder exactly what is Bernard Arnault’s net worth is.
Maybe you know about Bernard Arnault very well, but do you know how old and tall is he and what is his net worth in 2020? If you do not know, we have prepared this article about details of Bernard Arnault ’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Arnault was born on five march 1949 in Roubaix, France. He is the son of Jean Leon Arnault, who had a civil engineering company, Ferrel-Savinel. Arnault attended one of the most prestigious engineering schools found in France École Polytechnique in Palaiseau, graduating in an M.Sc. degree in 1971. After his graduation, he joined his father’s company in 1976 and succeeded him for the presidency in 1979.
Bernard has married twice the first wife being Anne Dewavrin, whom he got married to in 1973 and divorced in 1990). Currently, he is married to Hélène Mercier since 1991. Arnault has five children who are also part of the LVMH empire. Some of the children include Frederic Arnault, Antoine Arnault, Delphine Arnault, and Frederic Arnault.
Age, Height, and Weight
Being born on 5 March 1949, Bernard Arnault is 71 years old as of today’s date 10th December 2020. His height is 1.85 m tall, and his weight is 80 kg.
After assuming the presidency of the company, Bernard started acquiring other companies such as Financiere Agache, which was a luxury goods company.he also took over a textile company that had suffered losses the Boussac Saint-Frères and a diaper manufacturing company Peaudouce.
In 1987 he became the CEO of LVMH and, in 1989, became the chairman of the company, having bought the majority shares of the company. Today Arnault is one of the world’s largest luxury groups in the world, alongside two other luxury companies Kering and Swiss Luxury giant Richemont.
He has overseen the acquisition of major companies such as Celine, Kenzo, Berluti, La Tribune, Les Echos, Loewe, among others. Arnault has also invested in other companies such as Boo.com, Zebank, Netflix, Colony Capital, Princess Yachts, Château d’Yquem, among others.
Other than business, Arnault is an art collector, and some of his collections include Andy Warhol, Henry Moore, Picasso, Yves Klein, among others.
Awards & Achievements
Bernard Arnault awards and achievements include Commandeur of the Légion d’Honneur, Grand Officer of the Légion d’Honneur, Honorary Knight Commander of the Most Excellent Order of the British Empire, The Museum of Modern Art’s David Rockefeller Award among others.
Net Worth & Salary of Bernard Arnault in 2020
As of December 2020, Bernard Arnault’s net worth as of today is estimated to be around $100 billion. Bernard Arnault is the third richest person on earth and the richest person in Europe today. Arnault net worth has been amassed through LVMH shares a company that sells luxury goods, making billions in revenue. There times, he would make billions in just 72 hours when stock surge. Some of the brands under LVMH are Louis Vitton, Christian Dior, Moet & Chandon, Tiffany & Co, among many others.
If you fancy Dom Perignon champagne, TAG Heuer watches, Louis Vuitton handbags, Rimowa luxury suitcases, then these are products under LVMH, which Bernard Arnault is a major shareholder. Bernard Arnault’s net worth might even be higher in the coming years if his stock will shoot up in his favor, so don’t be surprised when he takes no one spot again.