Bernard Arnault – Net Worth, Salary, Income Sources, Facts

Bernard Arnault Photo

Bernard Arnault is a renowned French businessman, investor, and the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), the world’s largest luxury goods company. Arnault’s income is derived from multiple sources, reflecting his diverse investments and leadership roles, especially within the luxury goods sector. As of June 7, 2024, Forbes estimates Arnault’s net worth to be US$209 billion, making him the second richest person in the world.

Full NameBernard Jean Étienne Arnault
CountryFrench
Age75 (born: 5 March 1949)
SalaryN/A
Yearly Income$7 billion
Income SourceLVMH
Net WorthUS$209 billion

Interesting Facts About Bernard Arnault

  • Bernard Arnault is known for his long-term strategic vision, focusing on sustainable growth and the enduring legacy of LVMH brands.
  • Bernard Arnault’s exact salary as the Chairman and CEO of LVMH is not publicly detailed in standard salary terms. However, it’s known that his compensation package includes a combination of base salary, bonuses, and stock options.
  • LVMH controls around 60 subsidiaries that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH’s portfolio includes Tiffany, Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, and Bulgari.
  • As of 2024, Arnault is one of the wealthiest individuals in the world, with his net worth frequently fluctuating based on the stock market performance of LVMH and other investments.
  • Arnault began his career working for his father’s construction company, Ferret-Savinel, and later transitioned it into real estate, marking his first major business success.
  • Arnault and LVMH have made significant charitable contributions, including donations to support the restoration of Notre Dame Cathedral after the 2019 fire.
  • Several of Arnault’s children hold key positions within LVMH and its subsidiaries, indicating a strong family involvement in the business.
  • Bernard Arnault also owns the French daily newspaper, Le Parisien. LVMH acquired Le Parisien in 2015, adding it to its portfolio of media assets. This acquisition aligns with Arnault’s strategic investments in various industries beyond luxury goods, including media.

Who owns Louis Vuitton?

Louis Vuitton is owned by LVMH (Moët Hennessy Louis Vuitton), the world’s largest luxury goods conglomerate, founded by the French businessman Bernard Arnault.

Who is the CEO of Louis Vuitton?

Pietro Beccari is the CEO of Louis Vuitton.

How much share does Bernard Arnault have in LVMH?

The Arnault family group holds 48.6% of LVMH’s capital and 64.3% of the votes.