Observer: Inside Bernard Arnault’s Slow-Burn Succession Plan for LVMH
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Bernard Jean Étienne Arnault is a French businessman. He is the chairman and chief executive officer (CEO) of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world; as of December 2025, he has an estimated net worth of US$190.4 billion according to Forbes and US$203 billion according to the Bloomberg Billionaires Index.
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business · French businessman (born 1949) · art collector · businessperson · engineer · entrepreneur · also Bernard Arnault, Bernard Jean Étienne Arnault, Arnault
Born 5 March 1949 · Q32055
44 published statements · 0 followers
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Observer: Inside Bernard Arnault’s Slow-Burn Succession Plan for LVMH
Le Monde: Bernard Arnault responds to Le Monde's six-part investigation
Le Monde: Bernard Arnault's business-first strategy with foreign heads of state, from Trump to Putin
The Financial Express: French court orders country’s richest man Bernard Arnault to pay €22.5 million in additional taxes: Report
The Guardian: Fashion tycoon Bernard Arnault accused of stranglehold over French business press
People: Bernard Arnault's 5 Children: All About His Sons and Daughter
Attended the second inauguration of Donald Trump
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“they have these two aspects, which may be contradictory: They are timeless, [and] they are at the utmost level of modernity.”
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The Guardian: Transactions involving Bernard Arnault investigated over suspected money laundering
The Guardian: He’s the world’s richest man. So why do we hear so little from Bernard Arnault? | Alexander Hurst
Awarded Grand Cross of the Legion of Honour (2023).
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The Guardian: Fortune of world’s richest person Bernard Arnault tops $200bn
Career landmark: director (2022).
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Reported net worth: $143B (as of 2022).
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Arnault changed the legal structure of Agache from a Societas Europaea (SE) to a joint-stock partnership to ensure family control over LVMH in the long term
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Won Pushkin Medal (2017).
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13% over the previous year, as all divisions turned in strong performances
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It was disclosed that Arnault planned to apply for Belgian citizenship and was considering moving to Belgium
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“I repeatedly said that I would stay as a resident in France and that I would continue to pay my taxes... Today, I decided to remove any ambiguity. I withdraw my request for Belgian nationality. Requesting Belgian nationality was to better protect the foundation that I created with the sole purpose of ensuring the continuity and integrity of the LVMH group if I were to die.”
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Awarded Knight Commander of the Order of the British Empire (2012).
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Arnault invested $641 million in establishing LCapitalAsia
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To add to the group's other wine property Château d'Yquem
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Established Protectinvest, a private foundation in Belgium set up to safeguard the integrity of the LVMH group until 2023; the foundation locked up the Arnault children's ability to sell shares in Pilinvest until 2023
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Entered the yacht business and bought Princess Yachts for 253 million euros
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Blue Capital announced that Arnault owned jointly with the California property firm Colony Capital 10
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Awarded Grand Officer of the Order of Merit of the Italian Republic (2006).
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Arnault started the building project of the Louis Vuitton Foundation
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Awarded Commandeur des Arts et des Lettres (2002).
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Emilio Pucci in 2000, and Fendi, DKNY, and La Samaritaine in 2001
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With businessman Albert Frère, Arnault purchased Château Cheval Blanc in a personal capacity
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Arnault bought out Loewe, followed by Marc Jacobs and Sephora in 1997
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The same year Arnault bought out the French economic newspaper La Tribune
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Married Hélène Mercier, a Canadian-born concert pianist
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Career landmark: président-directeur général (1989).
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Played a key role in the creation of LVMH (an abbreviation for Louis Vuitton Moët Hennessy), a global luxury goods company, by merging Louis Vuitton with Moët Hennessy
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Career landmark: chairperson (1984).
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Of the financially-struggling textile and retail conglomerate Boussac Saint-Frères, which included the prestigious fashion house Christian Dior
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Arnault, then a young real estate developer, heard that the French government was set to choose someone to take over the Boussac Saint-Frères empire, a textile and retail conglomerate that owned Christian Dior
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Career landmark: président-directeur général (1978–1995).
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Arnault married Anne Dewavrin
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Soon after his graduation, Arnault began work for his father's company
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Finished his studies in civil engineering and mathematics at French university École Polytechnique in 1971
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At Ferret-Savinel, and was its president from 1978 to 1984
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Born 1949-03-05.
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