Bernard Jean Étienne Arnault[1] (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French business magnate, investor, and art collector.[2][3] He is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury goods company.[4] Arnault is, as of March 2022, follow and comment

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by chalsreal - March 19, 2022  0
One of the best businessmen Bernard Jeas
Étienne Arnault 2022
Bernard Jeas Ét ienne Arnault
Bernard Arnault, the man who worked hard at a young age, whose real story we will know that how he fulfilled all
those dreams with his hard work, which are of every human being and He touched every height with his hard work
and everyone sees what makes them a successful person in his life.
He is also a very sharp mind and genius, talented, and a hard worker person because of these reasons Bernard
Jeas Étienne Arnault makes the best businessman and he is a French billionaire and art collector, chairman, and
chief executive of LVMH.
The world's largest luxury-good company in April 20 1 8, he became the richest person in fashion, toppling
Zara's Amancio Ortega. he is the third-richest person in the world and the richest person from Europe, with an
estimated net worth of US $155 billion.
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Ber nar d Ar nault 's Educat ion
Bernard Arnault Full Name is Bernard Jean Ét ienne Arnault , He was born on 5 March 1949 in Roubaix, France,
and completed his early studies there. His mother, Marie-Josèphe Savinel, daughter of Étienne Savinel, had a
“fascination for Dior” His father, manufacturer Jean Léon Arnault, a graduate of École Centrale Paris, owned the
civil engineering company Ferret-Savinel.
Bernard Arnault did his graduation from the lycée Maxence van der Meersch University, then earned an
engineering degree at the Ecole Polytechnique Palaiseau in 1971. then he began work for his father's company.
After he convinced his father to shift the focus of the company to real estate,
Ferret-Savinel sold the industrial construction division and was renamed Ferinel, Following the acquisition of a
textile company and relocation of their headquarters, The company renamed t he real est at e branch t o t he
George V Group.
Family
Bernard Arnault 's mot her, Marie-Joseph Sevinel, his fat her, producer Jean Leon Arnault , a graduat e of
t he cole Cent rale Paris, was t he owner of t he civil engineering company Ferret -Sevinel. and He probably
did t wo marriages in his married life,
In 1973, he married Anne Dewavrin, together with having two children. But due to some problem or reason, they
separated with divorce in 1990. Then after In 1991, he married Hélène Mercier, a Canadian concert pianist, together
with having three children,
Bernard Arnault has a total of 5 children from both wives, his children's names are — Delphine, Antoine, Alexandre,
Frédéric, and Jean, and All of his children — all have official roles in brands controlled by Arnault, along with their
niece Stephanie Vatin Arnault.
Car eer
Bernard Arnault has joined his father Jean-Léon Arnault's company as an engineer soon after finishing his studies.
And after working as an engineer for about 5 years, he asked his father to turn the company into real estate. From
there he formed his new company named Férinel and very soon in 1977 he also became the CEO of that company.
On commercial debut in 1971-1987, Arnault began his career in 1971, at Ferret-Savinel and was its president from
1978 to 1984. In 1984, Arnault was a young real estate developer, In the same way, as time passed, he was flying
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g g
towards success with his hard work and because of this, he is one of the rich people in the world.
1 979 t o 1 989
From 1 979 t o 1 989, he made his fat her t he president of t he company. Lat er on, he joined t he company
named F inanciere Agache of Ant oine Bernheim, of which he also became t he CEO, which is a luxury goods
company.
Entering the luxury sector, Bernard purchased 24% of the shares of a new LVMH luxury company in 1988 for $1.5
million. Let's see, in 1989, LVMH got 43.5% of the voting rights along with 35% of the voting rights. Due to this, on 13
January 1989, he won the election of the Chairman of the Executive Board of Managers.
Ber nar d Ar nault 's achievement and success
Since he was appointed chairman, he did not look back and took the company to new heights. LVMH reached new
heights during his Chairman, During his 11 years of work, the company's market value increased 15 times. Its profits
exceeded almost 500 %.
Due to all of them, he invested in a lot of companies, which also include ZEBANK, Boo.com, Netflix. In 2018 Bernard
became the richest person in the field of fashion. In January 2018, Arnault had led the company to record sales of
€42.6 billion in 2017, up 13% from the previous year,
As all divisions turned in strong performances. The same year, net profit increased by 29%. and The new deal
reduced the amount LVMH paid per share from the original price of $135 to $131.50. LVMH completed the purchase
of Tiffany's in January 2021,
Under Arnault's leadership, LVMH has become the largest company by market capitalization in the euro area, with
a record 313 billion euros as of May 2021. On 24 May 2021, Arnault temporarily became the richest person in the
world, surpassing Jeff Bezos with a net worth of $187.3 billion.
Net wor t h
Bloomberg billionaire Index Bernard Arnault's net worth is $108 million. 70 years old, Bernard has increased the net
worth of the 500 richest by 2.69 lakh crores. Bernard also joined the net worth in the $100 million clubs, he saw his
wealth decreased by $30 billion due to a drop in sales of luxury goods.
On 24 May 2021, he achieved the status of the world's richest person, taking his net worth to $186.3 billion
but According to Forbes, as of March 2022, Arnault is the third-richest person in the world and the richest person in
Europe, with an estimated net worth of US$155 billion.
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