louis vuitton company net worth

How Much of LVMH Does Arnault Own? However, the list is dynamic and changes every now and then. NEW DELHI: Louis Vuitton chairman Bernard Arnault has surpassed Amazon founder Jeff Bezos to become the world’s richest person, according to Forbes real-time billionaires list. Bespoke jewellery brand Taylor & Hart has taken a dive into this sapphire and diamond laden piece of high-jewellery and believes its worth to be well upwards of £100,000. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Which is more than Jeff Bezos’ net worth of about $186 billion, according to Forbes magazine. Louis Vuitton Gives High End Elegance At Paris Fashion Week. H&M appeals to both haute-couture and off-the-rack markets so well that it made it to our number two place of the richest fashion labels ever. Found inside – Page 2... brand Louis Vuitton was well placed comfortably by 1981 in Florida with a net worth of 40 million francs with his construction company Ferinel Inc. Louis Vuitton’s net worth was estimated at $130 billion in 2021, which is recommendable growth. Louis Vuitton competes with Hermès International, Gucci, and Tiffany & Co. Louis Vuitton has invested in YG Entertainment on Aug 21, 2014. Bernard Arnault had previously led the list of the wealthiest people in December 2019, January 2020, May 2021, and July 2021. This isn't the first time … With a total net worth of $199.9 billion, Arnault now tops the billionaires list ahead of Bezos whose net worth … He is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury goods company. Found inside – Page 6Louis Vuitton, Chanel and Hermès for fashion luxury ... Generally, companies of non-affordable luxury are not involved in the phenomenon. Entrepreneur. According to the Forbes Real-Time Billionaires list, Arnault, whose subsidiaries consist of high-end fashion companies such as Louis Vuitton, Sephora, Moet & Chandon, and Tiffany & Co., has a net worth of $199.1 billion. The company is currently making huge profit as at the records released by the company in 2020. Louis vuitton net worth 2021 louis vuitton owner bernard tops jeff richest person total revenue of the lvmh group. Louis Vuitton Moet Hennessy, one of the world’s leading fashion luxury goods company, reported a 32% yearly surge in the revenue to 14 billion euros in the first quarter of 2021. The owner of “Louis Vuitton” removes Jeff Bezos from the throne of the world’s rich. It’s not by chance that the Louis Vuitton logo is set in gold, a color associated with luxury and wealth. Louis Vuitton owner Bernard Arnault is now the richest person in the world, based on the brand’s current share price, surpassing Jeff Bezos. Weaknesses. In December 2019, January 2020, May 2021, and July 2021, he reached number one. Considering the company's success, it's hard to argue with their business model. Reviews of Louis Vuitton Luggage. Chanel Cruise 2020 Bags Purseforum. Arnault, who has been president of Louis Vuitton since it acquired a 44% stake in the brand’s conglomerate in the late 1980s, has a net worth of $ 196 billion as of Thursday. Bernard Arnault's net worth is around $106 billion, making him the wealthiest man in … Louis Vuitton Nеt Wоrth in 2021. How Bernard Arnault had been so great in his life.On a new initiative, I am explaining the professional techniques and professional secrets that Bernard Arnault has pursued in his life.(with Mind Mapping )Personal Life, Business Career, ... Louis Vuitton Net Worth. According to Forbes, 4 of Arnault’s 5 kids – Frédéric, Delphine, Antoine, and Alexandre – work in … Under Review. he is the richest man ever. Limited customer base What Is Louis Vuitton Company Worth? Arnault is the third richest man in the world with a net worth of 173.5 billion USD Bernard Arnault, the chairman and CEO of the French luxury company LVMH Mot Hennessy - Louis Vuitton, surpassed Jeff Bezos as the world's richest person once again after the Amazon founder's net worth fell $13.9 billion in one day. He then set his sights on LVMH Moët Hennessy - Louis Vuitton, spending $2.6 billion buying up shares in order to become the company's largest shareholder, and … Luxury goods owner Bernard Arnault is now the richest person in the world, based on the current stock price of Louis Vuitton.. Arnault, who has been chairman of Louis Vuitton since he acquired a 44% stake in the brand conglomerate in the late 1980’s, is worth $196 billion as of Thursday.That’s slightly more than Jeff Bezos’ net worth of about $186 billion, according to Forbes. He joined the Arnault Group, taking charge of its real estate operations in the USA before joining the LVMH group in 1986 where he … Luxury goods owner Bernard Arnault is now the richest person in the world, based on the current stock price of Louis Vuitton. Its net worth is approximately USD $19 Billion. Bezos is worth about $186 billion, while Tesla’s Elon Musk is worth … Bernard Jean Étienne Arnault is a French businessman, investor, and an art collector with a net worth of $158 billion. $36 billion. Found inside – Page 241... 257701102 Financial Data : 12/31/07 Earnings : $ 38,279,905 Assets : $ 834,095,756 Liabilities : $ 481,405,565 Net Worth : $ 352,690 , 191 Rev . ... Business Description : ( Inc. DE ) 1451 Franklin D Roosevelt Ave Holding Company ; Property & San Juan , PR 00920-2717 Casualty Insurance Tel . ... ( Sub . of LVMH Moet Hennessy Louis Vuitton SA ) 550 7th Ave New York , NY 10018-3203 Tel . What began with a hundrеd thоuаnd dоllаr investment has steadily grown into a world-renowned corporation. Found inside – Page 244loss aversion, 10 Louis Vuitton, 124–127 Louis XIV of France (Sun King), ... 190 near-term goals, 198 networking, 41, 62 net-worth concentration, ... Found inside – Page 262211.30 9.72 11.57 13.38 13.85 14.07 12.50 Equity in net income ( losses ) of associated companies 3.39 3.50 3.18 4.92 3.99 2.18 1.11 Unusual item ... LVMH Moet Hennessy Louis Vuitton 9.00 % bonds , due 1996 : DATED - Oct. 24 , 1991. Supreme Nike Sweater Sizing. Luxury goods owner Bernard Arnault is now the richest person in the world, based on the current stock price of Louis Vuitton. Its products include leather goods, handbags, trunks, shoes, watches, jewelry and accessories. In the same year, they made an association with Jeff Koons for the unique style. Obviously, Louis Vuitton felt like they had enough value to offer my wife, and plenty of other customers, in exchange for money. LOUIS VUITTON Official Website: Choose your country or region, pick-up your language and find the right version for you The company has been and still remains the largest Luxury outlet worldwide. Obviously, Louis Vuitton felt like they had enough value to offer my wife, and plenty of other customers, in exchange for money. Found inside – Page 363The operation was managed by his company assets “Potegadea” and represented an ... the three properties are: • Amagertorv 2 with Louis Vuitton as tenant ... Michael Burke has served as Chairman and CEO of Louis Vuitton, Member of the Executive Committee within LVMH Moet Hennessy Louis Vuitton SE since December 2012. Move over Jeff Bezos. Louis Vuitton’s net worth estimate is $36 billion. Bernard Arnault is a French businessman, who has been serving as the chief executive officer of the Louis Vuitton conglomerate since 1989. The Louis Vuitton chief had earlier become the world’s richest person in December 2019, January 2020 and May 2021. Arnault, who has been president of Louis Vuitton since it acquired a 44% stake in the brand’s conglomerate in the late 1980s, has a net worth of $ 196 billion as of Thursday. Billionaire Bernard Arnault Leads Lvmh To Big Jump In First Half 2021 Revenues Net Worth Climbs 2 … Skip to main content. Search . The stock price of the company, which owns brands including Louis Vuitton, Christian Dior, Bulgari, Tag Heuer, Sephora, and Hennessy, has soared more than 30 per cent in the year so far. Bernard arnault net worth how much is the louis vuitton ceo louis vuitton owner bernard arnault is now richer than bill gates observer lvmh ceo bernard arnault net worth life career and family bernard arnault wikipedia. In the same year, they made an association with Jeff Koons for the unique style. In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. The company operates in 50 countries with more than 460 stores worldwide. The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris, France. Found inside – Page 28... and high net - worth ings too . Company executives say that 30-40 per cent of pu individuals such as Bernard Arnault , the owner of celebrated chases at the stores are made through cards . That may luxury brands such as Louis Vuitton and ... Louis Vuitton has had a resurgence since the COVID-19 pandemic, as many of its brands set record sales and profits in the first half of this year. Louis Vuitton Net Worth What started at a hundred thousand dollars has greatly grown to become a very great company that is known over the world. Emma Chamberlain’s partnership with Louis Vuitton is estimated to have been worth hundreds of … Found inside – Page 259... the company went public and was acquired by LVMH Moët Hennessey Louis Vuitton. ... self-made women in America, with a quoted net worth of $450 million, ... It is a useful technique to evalauate the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Louis Vuitton is facing in its current business environment. Mailing Address: P.O. With a total net worth of $199.9 billion, Arnault now tops the billionaires list ahead of Bezos whose net worth stood at $194.9 billion. Found inside... consumer is characterized not necessarily by high net worth but by high disposable income. ... The omnipresent Louis Vuitton monogram bag, for instance, ... Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French investor, businessman and art collector. Found inside – Page 149The chief executive of luxury goods company Louis Vuitton Moët Hennessy (LVMH) has ... has an estimated net worth of 41 billion dollar (31 billion euro). Bezos is worth about $186 billion, while Tesla’s Elon Musk is worth … The conclusion of the reviews from the Gentleman’s Gazette summarized a few key features that suggest Louis Vuitton Bandelier 55 bag may not be worth the high price that is charged. ... Abloh described the company as “the gray area between black and white as … Found inside – Page 20A recent survey conducted with 3,000 high net worth Chinese shows that 30 per ... Companies selling luxury items - Gucci , Burberry , Louis Vuitton - also ... Now with a new section on marketing and selling luxury goods online and the impact of social networks and digital developments, this book has truly cemented its position as the authority on luxury strategy. Found inside... tycoons in China with an estimated net worth of fifteen billion US Dollars. ... and then as a construction laborer in a large construction company. This was the same year that Arnault overtook Jeff Bezos on … This book is an extensive history of the life story of Bernard Arnault and how the LVMH CEO became one of the most successful and controversial men in the world. CLICK ON THE "BUY" BUTTON TO GET YOUR COPY AND KNOW MORE! The stock price of the company, which owns brands including Louis Vuitton, Christian Dior, Bulgari, Tag Heuer, Sephora, and Hennessy, has soared more than 30 per cent in the year so far. net worth | $102.1 billion, up $4.1 billion country | united states source of wealth | facebook This isn’t the first time Arnault has led the list of the world’s wealthiest people. Found inside – Page 86Brand providers are in charge of how the brand is delivered in a way that ... brands in 2019, Louis Vuitton comes at #17 with a value of $32.2 billion, ... On May 25, Forbes updated his net worth to … Limited customer base Found inside – Page 10578.1 Net Worth 78 largest glass maker in the world , the french company Compagnie de Saint - Gobain . ... 661.8 10.0 1.5 38.6 5.8 LVMH - Moet Hennessy '99 8,589 696 8.1 $ 195 International Inc. - designs -98 622.6 Louis Vuitton SA - a giant ... Jeff Bezos Net Worth Jumps to $211 Billion, Making Him the Richest Person Ever ... Bernard Arnault, the chairman and chief executive of luxury goods company LVMH Moët Hennessy Louis Vuitton… Found inside – Page 81LVMH owns brands such as Christian Dior , Givenchy , Kenzo , and Louis Vuitton , and had total sales of $ 8 billion in ... the Chief Executive Officer of No Limit Records , based in New Orleans , Louisiana , USA , has an estimated net worth of ... According to a Millward Brown 2010 study, Louis Vuitton was then the world's 19th most valuable brand, and was estimated to be worth over US$19 billion. Louis Vuitton owner Bernard Arnold has previously topped the list of the world’s richest people. Louis Vuitton commands a strong brand identity and image in the world’s leading financial hubs such as China, Japan and Hong Kong, which incidentally also has the highest concentrations of high net worth individuals, with loyal customers in Europe and the United States. Found inside – Page 148Instead of buying an iconic Louis Vuitton bag in an exclusive store with plush ... This move enables Net-a-Porter to compete with other companies that ... Louis Vuitton Business Net Worthy. Found inside – Page 6The gains of economic liberalization and subsequent emergence of High Net Worth Individuals has made India a centre of activity for many luxury brands. However, the list is dynamic and changes every now and then. Trending Posts. Arnault, who has been Louis Vuitton’s chairman since he took a 44% stake in the brand’s conglomerate in the late 1980s, has a net worth of $196 billion as of Thursday. Arnault is one of the richest men in the world with an estimated net worth of $113 billion. Found insideThe 26 richest people in the world own $1.4 trillion in wealth, ... where his company owns, among other brands, Louis Vuitton, Sephora, Dior, Givenchy, ... In 1987, Louis Vuitton merged with champagne brand, Moët & Chandon, and cognac brand, Hennessy, to create the large luxury conglomerate known today as LVMH (or Louis Vuitton, Moët, Hennessy). Generally speaking, the bigger the hexagon is, the more valuable Louis Vuitton networth should be on the internet! Luxury goods owner Bernard Arnault is now the richest person in the world, based on the current stock price of Louis Vuitton.. Arnault, who has been chairman of Louis Vuitton since he acquired a 44% stake in the brand conglomerate in the late 1980’s, is worth $196 billion as of Thursday.That’s slightly more than Jeff Bezos’ net worth of about $186 billion, according to Forbes. Combined with the family business, Arnault now owns 47% of Louis Vuitton, which had a total market value of $416 billion as of Thursday. Acquisitions through the years have built a huge empire in the luxury goods niche with ownership of 17 other high-end companies including Louis Vuitton Attention: Although, the official application deadline has passed, we are still accepting applications for the April 28 – June 23, 2021 session of the Intensive English Program. Found inside – Page 52... allow- ing brands like Louis Vuitton or Chanel to reduce prices. Bain & Company predict ... all whilst her net worth was estimated to be £335 million5. Considering the company's success, it's hard to argue with their business model. Found inside – Page 205... 27, 32 median age and old-age dependency ratio in, 35 median net worth in, ... 30 Lockheed Martin, 154 Longevity, 86, 106, 108 Louis Vuitton handbags, ... The Louis Vuitton owner turned the majority shareholder of LVMH Moët Hennessy- Louis Vuitton in 1989 and has been the chairman and CEO of the firm since then. 1. Thе соmраnу rесеntlу mаkе … For six consecutive years, Louis Vuitton was number one of the 10 most powerful brands list published by the Millward Brown Optimor's 2011 BrandZ study with value of $24.3 billion. Found inside – Page 290Bernard Arnault - 2009 Net Worth: $16.5 billion - Chairman ofLVMH (Moet, Hennessy, and Louis Vuitton) "We are approaching a new age of synthesis. The Louis Vuitton owner turned the majority shareholder of LVMH Moët Hennessy- Louis Vuitton in 1989 and has been the chairman and CEO of the firm since then. Found inside... was overtaken by Louis Vuitton's Bernard Arnault to bag the place of the second richest person. Arnault's company's net worth rose to US$107.6 billion ... It reported net profit of €4.7 billion on revenue of €44.7 billion ($53.0 billion) in 2020. Arnault is the chairman and Chief Executive Officer (CEO) of LVMH, the world’s largest luxury goods company. Since 1989, Louis Vuitton has been led by Chairman and CEO Bernard Arnault. Other top executives at the company include Antonio Belloni, Group Managing Director; Delphine Arnault, Louis Vuitton Products; Nicolas Bazire, Development and Acquisitions; and Jean-Jacques Guiony, Finance. In 2018, Louis Vuitton reported €46.8 billion in total revenue. He ensured that the company maintained luxury and worth as he strived to expand it globally (Louis Vuitton, 2013). Louis Vuitton Owner Bernard Tops Jeff Bezos As The World S Richest Person. Louis Vuitton is estimated to be one of the world's most valuable luxury brands. The stock price of the company, which owns brands including Louis Vuitton, Christian Dior, Bulgari, Tag Heuer, Sephora, and Hennessy, has soared more than 30 per cent in the year so far.Louis Vuitton has had a resurgence since the COVID-19 pandemic, as many of its brands set record sales and profits in the first half of this year. Found inside – Page 38The holy sail Shadows both visible and invisible hover over the 31st America's Cup , which began last week with the launch of the Louis Vuitton challenger series . ... If you judge an address by the companies helm – uses stored rainwater to wash its But not by thee my steps shall be , it ... keypadded jowl , are the 10 syndicates that Bertarelli , 36 , net worth $ 7.5bn , accord- then in grief at the news of his ... Found inside – Page 301Most of the upwardly mobile high-net-worth individuals are using mobile ... Brands such as BMW, Mercedes-Benz, Burberry, Louis Vuitton, Ralph Lauren, ... That’s … Become a French business magnate Bernard Arn Moet Hennessy-Louis Vuitton, chairman and CEO of LVMH Group, became the world’s richest person after the Amazon founder’s net worth plummeted. While Tesla and SpaceX chief Elon Musk is placed third with a net worth of $185.5 billion. The self-made entrepreneur reportedly controls 82 percent of the voting power at Ralph Lauren, despite the company going public in 1997. Arnault, who has been chairman of Louis Vuitton since he acquired a 44% stake in the brand conglomerate in the late 1980’s, is worth $196 billion as of Thursday. Found inside... net worth exceeded $6.8 million). The survey found that Apple overtook traditional luxury brands including Hermes (2014 top ranking), Louis Vuitton, ... In the race of the most valuable brands of the globe, Louis Vuitton ranked right after the popular brand Gillette. As per the 2012 Forbes billionaire list, Mr. Arnault has now resumed the fourth place from the top with a net worth of $41 billion. He is the richest person in France and the fourth richest person in the world, according to Forbes magazine. Louis Vuitton Moet Hennessy, one of the world’s leading fashion luxury goods company, reported a 32% yearly surge in revenue to 14 billion euros in the first quarter of 2021. Found inside – Page 177... Moët Hennessy – Louis Vuitton SE, LVMH, the world's largest luxury-goods company, ... Many people who have a higher net worth would not call me rich. After Amazon founder Jeff Bezos’ net worth dropped $13.9 billion in a day, Bernard Arnault, the chairman and CEO of the French luxury company LVMH Mot Hennessy – Louis Vuitton, became the world’s richest person.. Arnault is the Chairman and Chief Executive of LVMH Moët Hennessy – Louis Vuitton SE, commonly referred to as LVMH, the world’s largest luxury-goods company. With a total net worth of $199.9 billion, Arnault now tops the billionaires list ahead of Bezos whose net worth … Arnault, who has been chairman of Louis Vuitton since he acquired a 44% stake in the brand conglomerate in the late 1980’s, is worth $196 billion as of Thursday. Rice University 6100 Main Street, Houston, Texas 77005-1827. … Move over Jeff Bezos. Screenshot: Bling Empire season 1 – Netflix How much does Louis Vuitton high jewellery cost? Arnault’s 47% stake in the luxury goods owner is now worth $196 billion as of Thursday. Found inside – Page 179These are high net worth individuals (HNWIs) with net assets of $30 million ... most popular brands purchased by Russia's rich are Chanel and Louis Vuitton. The French fashion house has a 167 years old legacy and its net worth is estimated to be over $40 billion. Found inside – Page 20By contrast with the tenet of this discussion it is worth noting that ... of a motor vehicle, a Louis Vuitton bag, or a pair of Manolo Blahnik shoes. With Amazon’s Jeff Bezos’ net worth dropping $13.9 billion in a day, Bernard Arnault, the chairman and CEO of French luxury company LVMH Mot Hennessy – Louis Vuitton, became the world’s richest person. Louis Vuitton net worth as of July 30, 2021 is $404.78B . It’s not by chance that the Louis Vuitton logo is set in gold, a color associated with luxury and wealth. This isn’t the first time Arnault has led the list of the world’s wealthiest people. Found inside... hotel chain Hilton, and luxury goods brand Louis Vuitton. ... all of Phelps's $96 million net worth came from brand endorsements (Gerencer, 2016). Louis Vuitton owner Bernard Arnault has surpassed Amazon’s Jeff Bezos as the richest man in the world. The net worth of Arnault, president of Louis Vuitton since he acquired 44% of the company’s shares in the late 1980s, reached on Thursday at 196 billion USD (about 165.6 billion euros). The first is the reputation and prestige associated with the brand. Found inside – Page 226Net worth: $17.8 billion 12. ... He has served as chairman of Moët Hennessy, Louis Vuitton, Christian Dior, and Groupe Arnault SAS. In 1997, Jacobs was appointed creative director for Louis Vuitton and he went on to create the company's very first ready-to-wear clothing line. Found inside – Page 270Results for 2004 were stellar : a 4.9 percent increase in comparable store sales and net profits of $ 524 million on revenues of $ 18.42 billion ... Ullman was a former executive at both R. H. Macy & Company and the French luxury goods company LVMH Moët Hennessy Louis Vuitton SA ... percent , and net income of $ 1.09 billion on revenues of $ 18.78 billion all signaled a financially resurgent company . He is the richest person in Europe and the second-richest person in the world according to Forbes magazine, with a net worth … Found insideAnother haute site is Net-A-Porter.com which was launched in 2000. ... Haute couture companies such as Dior, Louis Vuitton and Bottega Veneta are also ... That’s … He is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury goods company. With a total net worth of $199.9 billion, Arnault now tops the billionaires list ahead of Bezos whose net worth stood at $194.9 billion. In second place, Tesla and SpaceX owner Elon Musk have a net worth of 18.55 billion. Not Bezos, Nor Musk, Louis Vuitton Owner Bernard Arnault Is Richest louis vuitton richest man in the world Man In The World Beating the world's richest man, Bernard Arnault and family, owners of the Louis Vuitton Moet Hennessy (LVMH) have become the world's richest with a net worth of $186.2 billion, according to Forbes. It grew 15% over the last year and is now the world's most valuable luxury brand. As per Forbes, Louis Vuitton is 15 th World’s most valuable brand of 2018 with a brand value of $33.6 billion. LVMH, which owns brands such as Louis Vuitton and Dior, is the world's largest luxury goods conglomerate, with revenue reaching about $59 billion in 2019.. The company is worth slightly over $40 billion. Found insideGroup turnover rose 8 % to A $ 24.18m ( $ 18.29m ) , as the company witnessed strong increases in European sales ... LVMH sees sharp improvement : LVMH Moët - Hennessy Louis Vuitton reported a 30 % rise in net income for the year with ... ... Virgil Abloh Net Worth. Owner of Louis Vuitton & Sephora Is Now Officially Richer Than Bill Gates By Sissi Cao • 07/17/19 11:56am Bernard Arnault’s net worth currently stands at $107 billion. They acquired Tiffany & Co which is America’s largest jewellery how to become vip louis vuitton maker for $15.8 million. Found inside – Page 56In others it on the power of a name is tied to only one set of products : Louis Vuitton within LVMH Group . ... to other inheavyweights like Wal - Mart , which sometimes operates tangible assets such as patents and management strength . under different brand names internationally , and privately FINALLY , those future earnings are discounted to arrive at a net held companies like Mars . present value . On the other hand, Louis Vuitton has $12B in estimated revenue annually. SWOT analysis is a strategic planning tool that can be used by Louis Vuitton managers to do a situational analysis of the company . Since Christian Dior owns 40.9% of LVMH's shares, this number is close to the amount that Arnault owns. That's slightly more than Jeff Bezos' net worth of about $186 billion, according to Forbes. The success of the Louis Vuitton brand cannot be attributed to a single factor. The high-end craftsmanship, quality, aesthetic design, luxury & innovation in a product over the years are associated with LV. Originated in Paris which has long been known as a fashion capital of the world. Found inside – Page 203... 179 High-Net-Worth-Individuals, 75 Home-made logic, 8 Hublot, 87 Hunter, ... 171 Limited Edition, 97 Loewe, 136, 138 LOHAS, 162 Louis Vuitton, 58–60, ... Found inside – Page 51What the World ' s Top Brands are Worth " , provides such an analysis of many of ... we find that the Louis Vuitton luggage brand name is valued at $ 2 . Found inside – Page 182... 135, 147, 166 Hermès, 30 Hicks, J., R., 16 high-net-worth individuals (HNWIs), ... 117 Louis Vuitton, 30, 33, 71–2, 76–7, 83, 89, 92, 100, 102–7, 120, ... In the last one and half years, Bernard Arnault’s net worth rose by $110 billion taking his overall net worth to $161.2 billion. Its subsidiaries include Louis Vuitton, Moët & Chandon, Christian Dior and Tiffany & Co. https://www.wealthypersons.com/louis-vuitton-net-worth-2020-2021 After an astonishing $110 billion increase in net worth over just 14 months, Arnault reached a $186.3 billion net worth on May 24. As the world leader in luxury, LVMH has been setting an example through its dynamic growth since its creation in 1987. 1. With a total net worth of $199.9 billion, Arnault now tops the billionaires list ahead of Bezos whose net worth stood at $194.9 billion. This is according to a new ranking in the Forbes list. As per sources, he has 96.5% stake in the holding company Christian Dior SE, which holds about 41% shares of LVMH. Like other billionaires, LVMH CEO Arnault owns a private jet and a 333 ft yacht Symphony. Currently, he is the artistic director of Louis Vuitton’s men’s wear collection since March 2018. Michael Burke biography. Source of Wealth. Learn more about our prestigious Houses. 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