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Home Featured News

Few Things About  Bernard Arnault, The World Richest Man

by NationalInsight
April 7, 2023
in News
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Bernard Arnault, the chairman and CEO of LVMH (Moet Hennessy Louis Vuitton) has top the list  the world richest man according to forbes

Bernard Jean Étienne Arnault was born on 5 March 1949 in Roubaix.

The 74-year-old French man who resides in resides in Paris is the third person in history to amass an estimated fortune above the $200bn (£160bn) threshold. Tesla’s Elon Musk and Amazon’s Jeff Bezos

https://aouniversity.edu.ng/ https://aouniversity.edu.ng/ https://aouniversity.edu.ng/

Arnault started by putting up $15 million to buy Christian Dior in 1984.

Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

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Arnault is also an avid art collector and philanthropist. In 2017, he donated 113 million dollars to the Louvre Museum in Paris, the largest donation ever made by an individual company, with sales of over 42 billion dollars in 2017

During the COVID-19 pandemic, Arnault saw his wealth shrink by $30 billion assales of luxury goods plummeted but in 2021, he regained the status of the wealthiest man in the world, with his net worth climbing to $198.4 billion

Bernard mansion in Paris is said to be worth over 200 million dollars, It  has expansive gardens and an Olympic-sized pool with a submarine at one end

Bernard Arnault House is “a blend of modern and classical architecture” with a “sleek and minimalist” interior.
spans 12 acres and includes a private lake, tennis court, and underground parking space

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