How much is Bernard Arnault’s net worth?
Bernard Arnault known as Bernard is a French Businessman. As of 2023, Bernard Arnault’s net worth is estimated at USD $178 billion Approx.
|Net Worth in 2023||USD $178 Billion|
|Real Name||Bernard Arnault|
|Birth Place||Roubaix, France|
|Birthday||March 5, 1949|
|Age/How old?||73 years old|
|Height/How tall?||6 feet 1 inches (1.85 m)|
|Wife||Hélène Mercier (m. 1991)|
|Son||Frederic Arnault, Alexandre Arnault, Antoine Arnault|
Who is Bernard Arnault?
Bernard Jean Etienne Arnault is a well-known and very reputed French business magnate, investor, and art collector.
Currently, he is the richest man in France and the third richest person in the world.
His net worth stands at $178 billion. Arnault is only standing behind, Elon Musk and Jeff Bezos.
Bernard Arnault is serving as the Chairman and CEO of LVMH Moët Hennessy Louis Vuitton Company since 1989.
LVMH is a French conglomerate that specializes in luxury goods and has around 60 subsidiaries managing over 75 great international brands like, Loro Piana, Celine, Christian Dior, and many more.
Now let us go further and learn interesting things about Bernard Arnault taking into account his personal and professional life.
Bernard Arnault’s Age & Birthday
Bernard Jean Étienne Arnault was born on March 5, 1949 in Roubaix, France. As of this writing, he is 73 years old.
Bernard’s parents were Marie-Josephe Savinel and Jean Leon Arnault.
His father Jean Leon Arnault was a manufacturer and owned a civil engineering company named ‘Ferret-Savinel’.
Speaking of Bernard Arnault’s education, he has attended “Maxence Van Der Meersch High School” in Roubaix.
Further, he has also graduated in the stream of engineering in 1971 from an institute, “Ecole Polytechnique”.
Bernard Arnault’s Net Worth & Salary
So, let’s dive deep to find out Bernard Arnault’s net worth and how much this celebrity made his fortune.
As of Jan 2023, Bernard Arnault has a net worth of $178 billion as per Forbes magazine.
Bernard Arnault is the third richest person in the world. He stands behind only, Elon Musk, the founder of Space X, and Jeff Bezos, the founder of Amazon.
Residence of Bernard Arnault:
Bernard Arnault lives in a 150 years old castle located in northwest Saint-Emilion in Bordeaux, France. It has belonged to the Arnault family since 1998.
Bernard Arnault also owns five houses more. One is situated In Beverly Hills, California, and all others in France. They are worth $125 million in total.
Bernard Arnault’s Net Worth:
Bernard Arnault’s Net Worth OVER TIME
According to Forbes, The graph of Bernard Arnault’s Net Worth is shown below-
|Net Worth Year||Total Income|
How much is the net worth of Bernard Arnault in 2023?
Let us give insights into the career journey of Bernard Arnault:
After completing his education, Bernard Arnault joined his father’s business.
He thought of expansion and growth of the business, in the year 1976 they headed for the company’s liquidation and were into starting a new and lucrative business project.
However, he already became the director of the company ‘Ferrit-Savinel’ in 1974 and later renamed it “Ferinel”.
They invested in the real estate business and became a lot successful.
Moving to the U.S and coming back to France:
In the year 1979, Bernard Arnault became the CEO of the company, and his father also became the President.
At the end of 1980, French Socialists came into power resulting in Arnault building his business in the U.S, he succeeded there too.
Eventually, he build a U.S. branch of his family’s property business.
The Political scenario become different in 1983 and Arnault came to France the same year.
Venturing into new businesses:
In the mid-1980s, Bernard Arnault took the golden opportunity, when he decided to undertake the textile firm, Boussac Saint-Frères.
He collaborated with Antoine Bernheim, managing partner of the investment firm of Lazard Fréres.
Bernard Arnault invested $15 million of his own money, and Bernheim helped him to raise the balance $80 million purchase price of Boussac Saint-Frères.
After the acquisition, Arnault sold most of the company’s assets and retained only the Christian Dior brand and Le Bon Marché department store. He became the CEO of Dior in 1985.
Investing and gaining controls of LVMH:
In 1987, after selling Boussoc, Arnault earned $400 million. He was invited to invest in LVMH by Henri Racamier, the chairman of LVMH at that time.
In 1989, Arnault with his ideas and business tricks, and sheer dedication managed to get control of 44% shares of LVMH and 35% of voting rights.
It was Bernard Arnault’s business sense and in-depth instincts toward business, which has made LVMH a great specialist in Luxury Goods.
It has ventured into a different line of products such as Fashion Groups, Wines and Spirits, Perfumes and Cosmetics, Watches, and Jewellery.
A dedicated Art lover and Art collector:
Bernard Arnault is an art collector and has pieces by Picasso, Yves Klein, Henry Moore, and Andy Warhol in his collection.
Philanthropic works: Bernard Arnault’s company also believes in humanitarian works and constantly supports various causes of concern.
It also supports medical and scientific programs well, like Save the Children, the Foundation for Hospitals in Paris, the Princess Grace of Monaco Foundation, and many more.
Personal Life – Wife & Kids
Marriage with Anne Dewavrin:
Bernard Arnault first married a woman named Anne Dewavrin in the year 1973. The marriage didn’t last forever and resulted in divorce in 1990.
However, in between the past couple got blessed with two children, a son and a daughter namely, Antoine and Delphine.
Current wife Helene Mercier:
Bernard Arnault married for the second time with a Canadian pianist, Helene Mercier in 1991.
The marriage has made it through and thick and thins and are still going strong with each passing day.
The couple is proud parents to three children, namely, Alexandre, Fredrick, and Jean.
Bernard Arnault Kids:
Bernard Arnault is the father of five children, four being involved in his business. Let us know about them:
- Delphine Arnault: She is the eldest child of Bernard Arnault. She was born on April 4, 1975, and is 46 years old presently. She is a businesswoman, director, and vice president of Louis Vuitton.
- Antoine Arnault: He was born on June 4, 1977, in Roubaix France. He is the CEO of Berluti and chairman of Loro Piana. Antoine is recently married to their wife Natalia Vodianova.
- Alexandre Arnault: He was born on May 5, 1992, and is only 29 years old only. He is a businessman and is the executive of Tiffany &Co.
- Fredrick Arnault: He was born in 1995 and is 26 years old. He is the CEO of TAG Heuer.
- Jean Arnault: He was born in 1998 and Is 23 years old and is yet to join a family business.
Bernard Arnault’s Height, Weight, and Physical Stats
Do you want to know the physical appearance, height, and weight of Bernard Arnault? Have a look below:
|Height||6 feet 1 inch (1.85 m)|
|Weight||81 kg (178 lbs) (approx.)|
How tall is Bernard Arnault?
Bernard Arnault is 6 feet 1 inch (1.85 m) tall and his weight is listed as 81 kg (178 lbs).
His hair color is grey while his eye color is blue.
Bernard Arnault is a great businessman. His life experience is learning for all of us. His zeal to work is tremendous.
He built a great empire so great, which is highly admirable.
With his wealth, he has done great humanitarian and philanthropic works too. He has a whopping net worth of $178 billion.
People also love to know
Bernard Arnault’s net worth in 2023 reaches $178 billion Approx. The major source of Bernard Arnault’s net worth fortune has come from his Business career.
Being born on March 5, 1949, Bernard Arnault is 73 years old as of today’s date 6 Jan 2023.
The Businessman Bernard Arnault stands at 6 feet 1 inch (1.85 m) tall.
Bernard Arnault’s real name or birth name is Bernard Arnault.
Bernard Arnault was born in Roubaix, France on March 5, 1949, and spent much of his childhood in Roubaix, France.
Bernard Arnault currently lives in Paris, France with his family.
He grew up in Roubaix, France along with her siblings Dominique Watine-Arnault.