Bernard Arnault Takes Title of World's Richest Person From Elon Musk

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'Forbes' made the announcement on April 4. The LVMH CEO, who has been third on the publication's list of richest people for three years, now has $211 billion. 


Bernard Arnault & family

$223.1B

Real Time Net Worth

as of 4/10/23#1 in the world today
About Bernard Arnault & family
  • Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.
  • In January 2021, LVMH acquired American jeweler Tiffany & Co for $15.8 billion, believed to be the biggest luxury brand acquisition ever.
  • Arnault's holding company Agache backs venture capital firm Aglaé Ventures, which has investments in companies such as TikTok parent ByteDance and Netflix.
  • His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984.
  • Arnault's five children all work at LVMH; in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

#1
Billionaires (2023)
#56
Powerful People (2018)
Personal Stats
Age74
Source of WealthLVMH
ResidenceParis, France
CitizenshipFrance
Marital StatusMarried
Children5
EducationBachelor of Arts/Science, Ecole Polytechnique de Paris
Did you know
Arnault apparently wooed his wife, Helene Mercier, a concert pianist, by playing Chopin and other classical composers on the piano.
In Their Own Words

I see myself as an ambassador of French heritage and French culture. What we create is emblematic. It's linked to Versailles, to Marie Antoinette.

Bernard Arnault & family


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