PROFILE

Bernard Arnault & family

Chairman And CEO, LVMH Moët Hennessy Louis Vuitton

$182.1B

Real Time Net Worth

as of 1/12/24

Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.
LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.
Arnault's holding company Agache backs venture capital firm Aglaé Ventures, which has investments in businesses such as Netflix and TikTok parent company ByteDance.
His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984.
Arnault's five children all work at LVMH; in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes.
He grew up in South Africa, then immigrated to Canada at age 17. He landed in the U.S. as a transfer student to the University of Pennsylvania.