Bernard Arnault

Bernard Jean Étienne Arnault is Bernard Arnault's full name. He was born in Roubaix, northern France, on March 5, 1949. He was born and raised in a family with a long history of business. Bernard Arnault has shown a natural business talent since he was a child. Arnault was encouraged to start his own firm by his father. He is also a well-known French collector, luxury fashion industry magnate, and investor. Currently, he serves as the chairman and CEO of Mot Hennessy – Louis Vuitton (LVMH). This company also owns several high-end cosmetics, fragrances, watches, jewelry, and alcoholic beverage brands.

In April 2018, Arnault surpassed Zara's Amancio Ortega as the richest person in the fashion industry. Bernard Arnault's fortune was approximately $150 billion as of June 18, 2021, placing him third in the world in terms of wealth. He is an art collector who owns pieces by Picasso, Yves Klein, Henry Moore, and Andy Warhol and his company. He gave $200 million to reconstruct Notre Dame de Paris after it was destroyed by fire. Although the pandemic COVID has affected the world's economy, his fashion business does not tend to decrease. LVMH continues to be a giant in the luxury business, which keeps him firmly in the top rank spot among the richest people in Europe.

Net worth: $158 billion

Country: France