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| Billionaire Bernard Arnault owns the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. LVMH acquired US jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the largest luxury brand acquisition ever. |
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| Arnault is from the northern French town of Roubaix. He studied engineering at one of France's most prestigious schools, the École Polytechnique. After graduating, Bernard Arnault worked for his father's construction company, Ferret-Savinel. |
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| In 1984, Arnault acquired the ailing company Agache-Willot-Boussac (which owned brands such as the French department store Bon Marché and the fashion house Christian Dior). |
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| He renamed the company Financière Agache and began to make changes, cutting costs and selling off some businesses. |
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| He then set his sights on LVMH Moët Hennessy Louis Vuitton, spending $2.6 billion on shares to become the company's largest shareholder and eventually its chairman and CEO in 1989. |
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| Bernard Arnault married Anne Dewavrin in 1973. According to the Financial Times, he and Dewavrin separated in 1990. |
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| Arnault then married concert pianist Hélène Mercier in 1991. |
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| Like many of his fellow billionaires, French billionaire Arnault lived a lavish lifestyle. He traveled in a $73 million private jet until last year, when he sold it after Twitter accounts began tracking the plane. |
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| Bernard Arnault owns property in the swanky Saint-Tropez on the French Riviera. Earlier this year, he bought a $22 million estate in the Hamptons, according to the Observer. |
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| Over the years, Arnault has built LVMH into the world's largest luxury conglomerate and given himself the impressive nickname: "the wolf in cashmere." |
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| In April 2019, LVMH announced on behalf of the Arnault family a pledge of €200 million, equivalent to about $226 million at the time, to help rebuild Notre Dame Cathedral, which was severely damaged in a 2019 fire. Photo source: BI |
Billionaire farmer from chicken eggs. Source: VTV24
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