Bernard Arnault
Name: Bernard Arnault
Occupation: Entrepreneur
Gender: Male
Birth Day: March 5, 1949
Age: 71
Birth Place: Roubaix, France
Zodiac Sign: Pisces

Social Accounts

Bernard Arnault

Bernard Arnault was born on March 5, 1949 in Roubaix, France (71 years old). Bernard Arnault is an Entrepreneur, zodiac sign: Pisces. Nationality: France. Approx. Net Worth: $87 Billion. With the net worth of $87 Billion, Bernard Arnault is the #9 richest person on earth all the time in our database.

Trivia

He was the richest person in Europe at one time with a net worth of $41 billion. 

Net Worth 2020

$87 Billion
Find out more about Bernard Arnault net worth here.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Delphine Arnault Daughter N/A N/A N/A
#2 Jean Arnault Father N/A N/A N/A
#3 Anne Dewavrin Former spouse N/A N/A N/A
#4 Roman Arnault Grandchildren N/A N/A N/A
#5 Maxim Arnault Grandchildren N/A N/A N/A
#6 Elisa Niel Grandchildren N/A N/A N/A
#7 Frédéric Arnault Son N/A N/A N/A
#8 Alexandre Arnault Alexandre Arnault Son $500 Million N/A 28 Entrepreneur
#9 Antoine Arnault Antoine Arnault Son $500 Million N/A 43 Business
#10 Hélène Mercier Spouse N/A N/A N/A
#11 Marie- Josèphe Savinel N/A N/A N/A
#12 Dominique Watine- Arnault N/A N/A N/A

Physique

Height Weight Hair Colour Eye Colour Blood Type Tattoo(s)
N/A N/A N/A N/A N/A N/A

Before Fame

He graduated from Ecole Polytechnique with a degree in engineering in 1971. 

Biography

Biography Timeline

1949

Bernard Jean Étienne Arnault was born on 5 March 1949, in Roubaix, France. His father, manufacturer Jean Léon Arnault, was a graduate of École Centrale Paris. His mother, Marie-Josèphe Savinel, had a "fascination for Dior", and was the daughter of Étienne Savinel, who entrusted her husband with the management of his civil engineering company Ferret-Savinel in 1950, and later its ownership. Ferret-Savinel later became Ferinel, and then the George V Group, before selling its real estate assets to Compagnie Générale des Eaux (CGE), and the real estate business eventually became Nexity.

1971

Arnault was educated at the Lycée Maxence Van Der Meersch in Roubaix, and the Lycée Faidherbe in Lille. In 1971, he graduated from the École Polytechnique, France's leading engineering school, and began work for his father's company.

He began his career in 1971, working for Ferret-Savinel, a company owned by his father, and was its president from 1978 to 1984.

1973

In 1973, he married Anne Dewavrin, and they had two children together, Delphine and Antoine. They separated in 1990. In 1991, he married Hélène Mercier, a Canadian concert pianist, and they have three children. They live in Paris.

1984

In 1984, with the help of Antoine Bernheim, a senior partner of Lazard Frères, Arnault acquired the Financière Agache, a luxury goods company. He became the CEO of Financière Agache and subsequently took control of Boussac Saint-Frères, a textile company in turmoil. Boussac owned Christian Dior, the department store Le Bon Marché, the retail shop Conforama, and the diapers manufacturer Peaudouce. He sold nearly all the company's assets, keeping only the Christian Dior brand and Le Bon Marché department store.

1988

In July 1988, Arnault provided $1.5 billion to form a holding company with Guinness that held 24% of LVMH's shares. In response to rumors that the Louis Vuitton group was buying LVMH's stock to form a "blocking minority", Arnault spent $600 million to buy 13.5% more of LVMH, making him LVMH's largest shareholder. In January 1989, he spent another $500 million to gain control of a total of 43.5% of LVMH's shares and 35% of its voting rights, thus reaching the "blocking minority" that he needed to stop the dismantlement of the LVMH group. On 13 January 1989, he was unanimously elected chairman of the executive management board.

In July 1988, Arnault acquired Céline. In 1993, LVMH acquired Berluti and Kenzo. In the same year, Arnault bought out the French economic newspaper La Tribune. The company never achieved the desired success, despite his 150 million euro investment, and he sold it in November 2007 in order to buy a different French economic newspaper, Les Échos, for 240 million euros.

1994

In 1994, LVMH acquired the perfume firm Guerlain. In 1996, Arnault bought out Loewe, followed by Marc Jacobs and Sephora in 1997. These brands were also integrated into the group: Thomas Pink in 1999, Emilio Pucci in 2000 and Fendi, DKNY and La Samaritaine in 2001.

1998

From 1998 to 2001, Arnault invested in a variety of web companies such as Boo.com, Libertysurf, and Zebank through his holding Europatweb. Groupe Arnault also invested in Netflix in 1999.

In 1998, with businessman Albert Frère he purchased Château Cheval Blanc in a personal capacity. LVMH acquired Arnault's share in 2009 to add to the group's other wine property Château d'Yquem.

1999

In the 1990s, Arnault decided to develop a centre in New York to manage LVMH's presence in the United States. He chose Christian de Portzamparc to supervise this project. The result was the LVMH Tower that opened in December 1999.

From 1999 to 2003, he owned Phillips de Pury & Company, an art auction house, and bought out the first French auctioneer, Tajan.

2006

In 2006, Arnault started the building project of the Louis Vuitton Foundation. Dedicated to creation and contemporary art, the building was designed by the architect Frank Gehry. The Foundation's grand opening at the Jardin d'Acclimatation Paris was held on 20 October 2014.

2007

In 2007, Blue Capital announced that Arnault owns jointly with the California property firm Colony Capital 10.69% of France's largest supermarket retailer and the world's second-largest food distributor Carrefour.

2008

In 2008, he entered the yacht business and bought Princess Yachts for 253 million euros. He subsequently took control of Royal van Lent for an almost identical amount.

2010

From 2010 until 2013, Arnault was a member of the Board of Advisors of the Malaysian 1MDB fund.

2013

In 2013, it was disclosed that Arnault planned to apply for Belgian citizenship and was considering moving to Belgium. In April 2013, Arnault said that he had been misquoted and that he never intended to leave France: "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 of 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 disappear." On 10 April 2013, Arnault announced he had decided to abandon his application for Belgian citizenship, saying he did not want the move to be misinterpreted as a measure of tax evasion, at a time when France faced economic and social challenges. Arnault also stated several employees requested to leave France for tax purposes but he declined their requests, explaining "the 75% tax would not raise a lot of revenue but should prove less divisive, as now it was set to be levied on firms rather than people, and only due to stay in place for two years."

2015

Arnault owned the 70 m (230 ft) converted research vessel Amadeus, which was sold in late 2015. His current 101.5 m (333 ft) yacht Symphony was built in the Netherlands by Feadship.

2019

Arnault's family pledged €200 million to help repair the Notre-Dame cathedral after a fire. Arnault and his son finalized a €100 million donation in September 2019.

🎂 Upcoming Birthday

Currently, Bernard Arnault is 72 years, 4 months and 30 days old. Bernard Arnault will celebrate 73rd birthday on a Saturday 5th of March 2022.

Find out about Bernard Arnault birthday activities in timeline view here.

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