Home Lifestyle Forbes Billionaire Ranking 2023 | #2 | Bernard Arnault, luxury mogul with an estimated fortune of $210 billion

Forbes Billionaire Ranking 2023 | #2 | Bernard Arnault, luxury mogul with an estimated fortune of $210 billion

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#2 Bernard Arnault

net value : $231.9 billion (€212.7 billion)

source : LVMH/Luxury Goods

age : 74 years old

Place of residence : Paris

Citizenship: French

Bernard Arnault He is the CEO of LVMH, the world’s largest luxury goods company with 70 fashion and cosmetics brands. Among its most famous brands: Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora. In January 2021, LVMH It acquired jewelry company Tiffany & Co. for $15.8 billion (€14.5 billion).

The billionaire father made millions in the construction industry. In his early days, Bernard Arnault used nearly 14 million euros of this wealth to buy Christian Dior.

All five of Bernard Arnault’s children work for the LVMH empire. In January 2023, Mr. Arnault appointed his daughter Delphine to head Dior, the group’s second largest brand.

Mr. Arnault was the richest person in the world during the first half of 2023; It fell to second place on June 8, 2023. At 1any In July, his fortune was $5.8 billion (€5.3 billion) less than that of Elon Musk, according to Forbes estimates.

Translated article from Forbes US – Author: Forbes Wealth Team

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