{"id":10749,"date":"2022-08-22T11:30:56","date_gmt":"2022-08-22T09:30:56","guid":{"rendered":"https:\/\/magazine.luxus-plus.com\/?p=10749"},"modified":"2022-08-22T12:40:01","modified_gmt":"2022-08-22T10:40:01","slug":"luxus-magazine-luxury-magnate-discover-the-portrait-of-bernard-arnault","status":"publish","type":"post","link":"https:\/\/magazine.luxus-plus.com\/en\/luxus-magazine-luxury-magnate-discover-the-portrait-of-bernard-arnault\/","title":{"rendered":"Luxury magnate, discover the portrait of Bernard Arnault"},"content":{"rendered":"<div class=\"initial-letter\"><p>He is known for being the CEO of the luxury group LVMH, but also for being one of the richest French people in the world. A look back at Bernard Arnault&#8217;s inspiring career.<br \/>\n<!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Bernard Arnault<\/strong> was born on March 5, 1949 in Roubaix to a mother who inherited the <strong>Ferret-Savinel<\/strong> construction group and a father who was a company director. After studying at the <strong>\u00c9cole Polytechnique<\/strong>, he quickly took control of the family business, becoming director of construction and then managing director three years later.<\/p>\n<p>&nbsp;<\/p>\n<p>He then tried to make a name for himself in the United States with the company, renamed <strong>Ferinel<\/strong>, operating in the real estate development industry. In 1984, Bernard Arnault and a group of investors took over the <strong>Boussac<\/strong> group, which included <strong>Christian Dior<\/strong>. <strong>The company quickly became the center of the businessman&#8217;s luxury strategy.<\/strong> In 1989, he became the main shareholder of <strong>LVMH<\/strong> and headed the world&#8217;s leading luxury group. In January of the same year, he was appointed chairman of the LVMH group and still holds this position today.<\/p>\n<p>&nbsp;<\/p>\n<p>Since then, he has focused <strong>on growing his portfolio of prestigious brands with major acquisitions<\/strong> in new sectors such as wines and spirits, jewelry, hotels, cosmetics, perfumes, selective distribution and the press.<\/p>\n<p>&nbsp;<\/p>\n<p>The businessman is also Chairman of the Board of <strong>Groupe Arnault S.E.<\/strong> Through his family holdings, Bernard Arnault manages the Group and participates in the creation of several international investment funds.<\/p>\n<p>&nbsp;<\/p>\n<h2>3rd largest fortune in the world<\/h2>\n<p>&nbsp;<\/p>\n<p>At <strong>$158 billion<\/strong>, Bernard Arnault&#8217;s personal fortune is impressive. According to the latest ranking of the world&#8217;s largest fortunes by <em><strong>Forbes magazine<\/strong><\/em>, Bernard Arnault is the third richest man in the world, after <strong>Elon Musk and Jeff Bezos<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Among his hobbies, we find a passion for music, especially the piano, but also for painting and modern art. A true collector, he even became a patron of the arts and supported contemporary artistic creation by inaugurating the Louis Vuitton Foundation, near Paris.\u00a0He is also <strong>Grand Officer of the Legion of Honor and Commander of the Arts and Letters.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/magazine.luxus-plus.com\/the-200th-anniversary-of-louis-vuittons-birth-5-key-dates-in-his-career\/?lang=en\">THE 200TH ANNIVERSARY OF LOUIS VUITTON\u2019S BIRTH: 5 KEY DATES IN HIS CAREER<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Barande J\u00e9r\u00e9my \/EP<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>He is known for being the CEO of the luxury group LVMH, but also for being one of the richest French people in the world. A look back at Bernard Arnault&#8217;s inspiring career.<\/p>\n","protected":false},"author":380,"featured_media":10751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"He is known for being the CEO of LVMH, but also for being one of the richest French people in the world. 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