Bernard Arnault assets and private life

In April 2023, according to the new ranking of the US business magazine, he is still the richest in the world with assets of 211 billion dollars

by Lorenzo Ciotti
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Bernard Arnault assets and private life

Bernard Arnault is the founder, chairman and CEO of LVMH, the largest French company, which currently controls almost 2/3 of the global fashion and luxury market. According to Forbes, as of April 1, 2023, with assets of $225.1 billion, he is the second richest person in the world.

In 2011, according to Forbes magazine, his is the fourth largest company in the world. In 2012, Forbes magazine estimated his fortune at $41 billion, making him the fourth largest company in the world and the first in France.

In 2018, according to Forbes magazine, he became the richest man in Europe and the 5th in the world, surpassing the patron of Inditex Amancio Ortega. The main competitors are the French businessman François-Henri Pinault (whose Kering holding owns Gucci, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Bottega Veneta) and the Swiss group Richemont.

In 2021, according to Forbes magazine, Arnault's fortune increased to $186.3 billion and Bernard Arnault became the richest man in the world. In April 2023, according to the new ranking of the US business magazine, he is still the richest in the world with assets of 211 billion dollars.

Collector of contemporary art, for which he founded the Louis Vuitton Foundation in 2006, he is a skilled pianist. Married twice, Bernard Arnault is the father of two children from his first marriage to Anne Dewavrin, Delphine Arnault, director of the LVMH group since 2004 and Antoine Arnault, director of communications at Louis Vuitton and president of the Berluti brand.

From his second and current wife, Hélène Mercier-Arnault, a Canadian pianist, he had three children: Alexandre Arnault, appointed co-CEO of Rimowa in 2017, Frédéric and Jean. He was a witness at Nicolas Sarkozy's wedding to Cécilia Sarkozy and was invited to Fouquet's on the evening of his election.

In January 2007 Kathryn Blair, the daughter of the British Prime Minister, Tony Blair, followed an intensive course in foreign language and culture at a university located at the Sorbonne. Tony Blair has been criticized for accepting an invitation on behalf of his daughter from Bernard Arnault.

During Kathryn Blair's 4-month stay in Paris, she is said to have been provided with accommodation, drivers and safety at an amount in excess of £80,000.

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