BIG Thinkers Series - Bernard Arnault - Chairman And CEO - Hennessy Louis Vuitton - EP 178

BIG Thinkers Series - Bernard Arnault - Chairman And CEO, LVMH Moët Hennessy Louis Vuitton...

Bernard Arnault & familyChairman And CEO, LVMH Moët Hennessy Louis Vuitton$175.2B$714M (0.41%)Real Time Net Worth as of 10/19/23#2 in the world today

About Bernard Arnault & family

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.

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