Biography of Bernard Arnault

Biography of Bernard Arnault

Bernard Arnault Biography in English:

 Bernard Arnault (Burnard Arnault) is a billionaire investor, businessman and art collector, who has often attracted the attention of the world by being third, sometimes second and now number one in the list of rich people. Also, Bernard Arnault is the chairman (owner) and chief executive (CEO) of the world's largest luxury goods company LVMH Moet Hennessy – Louis Vuitton SE. Bernard Arnault (Burnard Arnault) has finally won the title of the richest man in the world for a short time and because of this Bernard Arnault (Burnard Arnault) or Bernard Arnault has come to the top of the rich list. This time, Amazon CEO Jeff Bezos has become the number one Bernard Arnault (Burnard Arnault) has once again attracted the world's attention as the richest man in the world. Earlier on June 20, 2019, his net worth surpassed that of Bill Gates and Bernard Arnault became the second richest person in the world after Bill Gates. A brief biography of Bernard Arnault, French businessman and investor. 

Biography of Bernard Arnault - Bernard Arnault Biography in English  or Bernard Arnault's autobiography (Bernard Arnault Jivani English . A short biography of Bernard Arnault. Bernard Arnault Birth, Place, Life Story, Life History, Biography in Bengali) Bernard Arnault's biography or life Essay is discussed in detail.

Who is Bernard Arnault? 

Bernard Arnault is a French businessman, investor and art collector. Bernard Arnault is Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury goods company. Arnault is, as of March 2022, the world's third richest man and Europe's richest man, according to Forbes, with an estimated net worth of $155 billion.

Bernard Arnault Early Life: 

Bernard Arnault's full name is Bernard Jean Tyne Arnault. Bernard Arnault was born on March 5, 1949 in Roubaix, France. Bernard Arnault is currently the richest man in France. Arnault is the biggest businessman in France. After high school, he studied engineering at Ecole Polytechnique in 1971. After graduation, he joined his father Jean-Léon Arnault's civil engineering company Ferret Savinel and quickly developed the company based on his qualifications. In 1976, he convinced his father to liquidate the construction division of this company, that is, to sell part of the company, so that he could earn 40 million French francs, which he used at that time in real estate. Then Bernard Arnault named his company 'Ferrinel'.

 Expulsion of Bernard Arnault: 

After the French Socialists came to power in 1981, Bernard Arnault and his family were forcibly expelled from the country and then moved to the United States. and began planning to launch a family business branch in the United States. In 1983, the political scene in France changed and Bernard Arnault returned to France. Returning to the country, he started investing heavily in profitable business. During this time Bernard Arnault began buying companies as he could and became the owner of the Christian Dior brand and Le Bon Marche department store and became CEO of the Dior company in 1985. Bernard Arnault's company LVMH - deals in fashion and leather goods.

Acquisition of Bernard Arnault's company:

 In 1987, LVMH company came to the market and Bernard Arnault bought a large amount of shares of this company and became the first shareholder of the company. As of July 27, LVMH held about 48% of its shares in the company. This company sells luxury goods worldwide. In the 90s, Bernard Arnault bought several companies such as the perfume firm Guerlain (1994), Loewe (1996), Marc Jacobs (1997), Sephora (1997) and Thomas Pink (1990). In April 2019, the company bought luxury hotel and restaurant group Belmond for $3.2 billion. According to the Forbes list, Bernard Arnault's net worth is 3% of France's GDP. 

Burnard Arnault Family: 

Bernard Arnault (Burnard Arnault) married twice. Bernard Arnault was first married to Anne Devrin in 1973 but divorced in 1990. His second marriage was to Helen Mercier. Second wife Helen Mercier is a pianist. Bernard Arnault has a daughter and four sons who look after his business with Arnold. Bernard Arnault has two children from his first marriage and three children from his second marriage.

Burnard Arnault Struggle: 

In 1979, Bernard Arnault made his father president of Ferinel, his real estate company. Shortly thereafter, Antoine Burnham joined the financier Agache Company, of which he became CEO, a luxury goods company. After that, Arnault bought a 24% stake in the LVMH (Moethennessy Louis Vuitton) company for $1.5 million and by 1989, became chairman of the executive board on January 13, 1989, with 43.5% of the shares and 35% of the votes.

 Invest in other companies of Bernard Arnault –  : 

If you want to know about the richest man in the world with the help of internet, then you have to search by writing something else with his name. If you want to know about Bernard Arnault's business or his company, then you should try to write Bernard Arnault Business. You will see hundreds of things about Arnault's business. Beyond that, if you type in Bernard Arnault Company, you'll find that many of the company names that flashed across your face are actually Arnault's. Let's know some more things about his business and company – After his chairmanship, LVMH reached heights and within 11 years, the market value of the company increased 15 times and the company made more than 500% profit. After that, Arnault invested in many other companies including Zebank, Boo.com and Netflix.