Bernard Arnault
5 March 1949 – present
Bernard Arnault is a French businessman who has been chairman and chief executive of LVMH Moët Hennessy Louis Vuitton, the world's largest luxury goods group, since 1989. Trained as an engineer, he entered the luxury sector by acquiring the Boussac textile group, owner of Christian Dior, in 1984, and has been ranked among the wealthiest people in the world.
Lived at the same time
Well-documented people whose lives overlapped with Bernard Arnault.
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Life events
Bernard Jean Étienne Arnault was born into a family that owned the civil engineering firm Ferret-Savinel.
Source: en.wikipedia.orgHe completed an engineering degree at the École Polytechnique in Paris.
Source: en.wikipedia.orgHe began working for his father's construction company, of which he became president in 1978.
Source: en.wikipedia.orgThe couple had two children, Delphine and Antoine, and divorced in 1990.
Source: en.wikipedia.orgAfter the election of François Mitterrand, Arnault relocated to the United States for several years, developing property in Florida.
Source: en.wikipedia.orgWith financing from Lazard, Arnault took control of the bankrupt textile group and retained Christian Dior and the Le Bon Marché department store while selling other assets.
Source: en.wikipedia.orgAfter building a controlling stake during a dispute between the group's founding families, Arnault was elected chairman of the board of LVMH.
Source: en.wikipedia.orgArnault married the Canadian concert pianist Hélène Mercier; they have three sons.
Source: en.wikipedia.orgThe purchase of the American jeweller for about 15.8 billion dollars was the largest acquisition in the luxury sector.
Source: en.wikipedia.org