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5 · Bernard Arnault loses world's richest man title after $54
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Arnault, the founder and CEO of luxury goods conglomerate LVMH, went from being the richest person in the world to the fifth-most after a 20% drop in his company’s stock . Money Back Guaranteed  27.2 mi 4.5/5 (3,397 reviews)

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Top Brands Born on 5 March in Roubaix, France.

Graduated from École Polytechnique and joined father's company.Acquired Boussac Saint-Frères including Christian Dior.Co-founded LVMH by merging Louis Vuitton with Moët Hennessy.Became largest shareholder and chairman of LVMH.

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Invested in web companies like Netflix; acquired luxury brands. Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. Arnault, who oversees dozens of prestigious brands including Moët Hennessy, Louis Vuitton, Dior, Givenchy, and Fendi, was worth an estimated 1 billion in late March, according to the.

Bernard Arnault’s Louis Vuitton Moët Hennessy (LVMH) has suffered a bumpy few months, down near-15% at the time of writing over the past half year.In 1987, he played a key role in the creation of LVMH (an acronym for Louis Vuitton Moët Hennessy), a global luxury goods company, by merging Louis Vuitton with Moët Hennessy. Through a series of strategic acquisitions and investments, Arnault built LVMH into a leading company in the luxury industry, overseeing significant growth and . Despite tapping a twentysomething to run its watch division, Louis Vuitton’s ambition for its watch division has not yet struck a chord with the Gen Z demographic Arnault fits into. The 75-year-old French businessman is the chairman and CEO of LVMH Moët Hennessy Louis Vuitton, known as LVMH. The majority of Arnault's wealth comes from his stake in LVMH. Getty Images

Arnault’s fortune has jumped from billion in March 2020 to 6.3 billion on Monday, a massive rise of over 0 billion in the past 14 months, thanks to a pandemic-defying performance by .

Louis Vuitton chairman Racamier quits his position in April after a French court threw out his attempt to deny Arnault control of part of his LVMH shareholding.

Arnault bought a controlling stake in LVMH in 1989, two years after the group was formed by the merger of Louis Vuitton and Moët Hennessy. He has been chairman and CEO of the company ever since. Arnault controls the massive luxury conglomerate LVMH Moët Hennessy Louis Vuitton. All of Arnault's children work at LVMH brands, including Louis Vuitton, Berluti, and TAG Heuer.

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Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. Arnault, who oversees dozens of prestigious brands including Moët Hennessy, Louis Vuitton, Dior, Givenchy, and Fendi, was worth an estimated 1 billion in late March, according to the. Bernard Arnault’s Louis Vuitton Moët Hennessy (LVMH) has suffered a bumpy few months, down near-15% at the time of writing over the past half year.

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In 1987, he played a key role in the creation of LVMH (an acronym for Louis Vuitton Moët Hennessy), a global luxury goods company, by merging Louis Vuitton with Moët Hennessy. Through a series of strategic acquisitions and investments, Arnault built LVMH into a leading company in the luxury industry, overseeing significant growth and . Despite tapping a twentysomething to run its watch division, Louis Vuitton’s ambition for its watch division has not yet struck a chord with the Gen Z demographic Arnault fits into. The 75-year-old French businessman is the chairman and CEO of LVMH Moët Hennessy Louis Vuitton, known as LVMH. The majority of Arnault's wealth comes from his stake in LVMH. Getty Images

Arnault’s fortune has jumped from billion in March 2020 to 6.3 billion on Monday, a massive rise of over 0 billion in the past 14 months, thanks to a pandemic-defying performance by .Louis Vuitton chairman Racamier quits his position in April after a French court threw out his attempt to deny Arnault control of part of his LVMH shareholding. Arnault bought a controlling stake in LVMH in 1989, two years after the group was formed by the merger of Louis Vuitton and Moët Hennessy. He has been chairman and CEO of the company ever since.

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Made from luxurious blends incorporating silk, wool, cashmere or other noble materials, Louis Vuitton’s scarves for women are covetable, practical accessories. Lightweight, warm and generously sized, these signature pieces are perfect for cold seasons. Offered in a myriad of bold or subtle colorways, with distinctive House motifs. LOUIS .

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