Simon Romanov

Bernard Arnault Net Worth

Bernard Arnault is a French billionaire who earned his fortune as the chairman and chief executive of the world's largest luxury goods company, LVMH.

In 1973, Arnault married Anne Dewavrin but separated in 1990 and have 2 children. In 1990 he married Canadian concert pianist Hélène Mercier and have 3 children

In 2019, the devastating fire damaged the historic Notre-Dame Cathedral in Paris, France he and his family pledged €200 million euros to help.

In 1987 LVMH which is a collective of luxury companies that includes Christian Dior was started and  found himself more successful than ever.

In July 1988, he contributed $1.5 billion and formed a holding company with Guinness to capture 24% of LVMH's shares. 

Bernard Arnault has a net worth of $190 billion.

Arnault sold most of the shares and kept the Christian Dior brand and the department store Le Bon Marché. By 1985 he was the CEO of Dior.

In 1987 he was invited to invest in the LVMH company and chose to invest in a joint share with Guinness PLC

By 1989 he had control of 43.5% of the company shares and began to immediately replace the old average employees and replace them with new ones