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Bernard Arnault.

BERNARD ARNAULT.


Bernard Arnault is the co-founder, chairman, and chief executive officer of LVMH (Moet Hennessy Louis Vuitton).
the world's largest luxury goods and fashion company. Arnault has net worth of apprx. $210 billion as of January 2023, according to forbes.
Richest person in the world as of Jan 2023.


BIRTH AND CHILDHOOD:

 The full of Bernard Arnault is Bernard Jean Etienne Arnault. 
And he born on 5 March 1949 in France.
He is a French businessman, investor and art/antique collector.
His father (Jean Leon Arnault) was a manufacturer who owned a civil engineering company( Ferret-Savinel ). 

CAREER ABD EDUCATION:

Bernard Arnault graduated his college study from the Ecole Polytechnique in Paris with a degree in engineering.
After that he took control of his father's construction firm Ferret-Savinel.
He did best job in his father's company and after some years he convinced his father to enter the real estate market.
He was a director of the company in 1974, he became chief executive in 1977. 
And he succeeded his fathers comapny as a  president of the company.

With $15 million of his own money, Bernard Arnault with Antoine Bernheim (a managing partner of the French bank Lazard Frères and Co.) raised the investment of $80 million to purchase Boussac Saint-Freres, a bankrupt textile company that owned the Christian Dior 
(world's top fashion company).


What is LVMH ?

LVMH is the only company which is developing in all five major sectors of the luxury market: Wines & Spirits,
Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry
and  Retailing sector.

LVMH controls around total 75 prestigious brands. 
These include Tiffany & Co., Christian Dior,  Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, Bulgari, Benefit Cosmetics, sephora, Louis Vuitton, 
Gucci and prada etc....

Bernard Arnault's family is also running and helping in his own business.


Bernard Arnault is the richest person on the earth in 2023. 

 "The goal of a startup is not to stay a start up only."
                                      -- Bernard Arnault.



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