Bernard Arnault is the chairman and CEO of LVMH, an international luxury goods conglomerate

How did Bernard Arnault make his money | His Fortune

How did Bernard Arnault make his money | His Fortune, Bernard Arnault is the chairman and CEO of LVMH, an international luxury goods conglomerate. He has made his money by investing in luxury brands like Louis Vuitton and Sephora, as well as by purchasing companies from within the industry.

How he made his money

How Bernard Arnault make his money, the richest man in France, made his fortune by investing in luxury goods and companies. He bought Louis Vuitton in 1992, then Sephora in 2000. His company is called LVMH Moët Hennessy Louis Vuitton SE (LVMH) He is worth $158 B billion.

Why he is so successful at making money

Arnault’s success stems from good instincts, strong business sense, and a talent for spotting opportunities early on. In his early career, he worked at Pinault Printemps before founding his own company called Christian Dior Couture. His first major purchase was a company called Printemps which had just gone public on the stock exchange. At the time, Printemps was struggling financially and Arnault used his knowledge of fashion to bring it back from the brink of bankruptcy. He later bought Yves Saint Laurent Couture in 2004 and created the LVMH Luxury Group which now owns many other luxury brands such as Diorshow and Kenzo.

He has a good instinct for business. He knows when to invest and when to sell. He also knows how to make money for himself, not just for his investors. In 2004, he acquired Christian Dior from Jean-Paul Agon for $7 billion. That same year, he sold Christian Dior to PPR SA for $12 billion—and this was only one of many deals he’s done with other brands over the years!

Why he is so successful at making money

he’s done with other brands over the years! His success shows that you don’t need money to make your own success you just need determination and ambition. Today, he owns dozens of companies across multiple industries: fashion, beauty products, cosmetics, perfume… even wine! His net worth is estimated at $158 B billion.He took over as CEO of LVMH at age 29 and has been running it ever since.

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