Bernard Arnault was born on March 5, 1949. His real name is Bernard Jean Étienne Arnault.

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Arnault is a French business tycoon and investor. He is the co-founder of the world's largest luxury goods company, LVMH.

Arnault graduated from the École Polytechnique with a degree in engineering and began working for his father's company.

Bernard Arnault entered the luxury goods market in 1984 and bought the textile group headed by Christian Dior.

Arnault owns more than 95% of Christian Dior. He bought a controlling stake in LVHM in 1987 to expand his business.

Bernard has a 60 percent stake in the LVMH company through a holding vehicle and a family trust.

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LVMH controls about 60 subsidiaries and has a total of more than 75 brands.

Louis Vuitton, Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Sephora, Princess Yachts, Bulgari, and Tiffany are the top names in LVMH's brand list.

Today, the market cap of LVMH Moet Hennessy Louis Vuitton SE is $387.18 billion.

According to Forbes, the net worth of Arnault and his family is $188.6 billion. Due to this, Arnault is currently the richest person in the world.

Image Source: Wikimedia Commons

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