Bernard Arnault
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| Born: | March 5, 1949 |
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| Occupation: | Chairman, LVMH Chairman, Christian Dior SA |
| Website: | LVMH.com |
Bernard Arnault (born 5 March 1949) is a French businessman. He is the 7th richest person in the world with an estimated net worth of $21.5 billion US dollars, according to a Forbes report in March 2006.[1]
Bernard Arnault is a native of Roubaix, and graduated with an engineering degree from the École Polytechnique in 1971 (X1969).
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[edit] Business activities
Arnault owns 51% of LVMH (Moët Hennessy Louis Vuitton), along with Christian Dior SA. Arnault is the Chairman and CEO of both companies.
His daughter Delphine Arnault is actively involved in the management of LVMH.
Arnault also owned the art auction house Phillips de Pury & Company from 1999 to 2003.
[edit] Competitors
Arnault's main competitors are:
- French businessman François Pinault, whose holding company PPR owns Gucci, Yves Saint Laurent, Alexander McQueen, Stella McCartney, Sergio Rossi, Bottega Veneta, Boucheron, Roger & Gallet, Bédat & Co and Christie's.
- Swiss-based Richemont, which owns Cartier, Van Cleef & Arpels, Piaget, Baume et Mercier, IWC, Jaeger LeCoultre, A. Lange & Söhne, Officine Panerai, Vacheron Constantin, Dunhill, Lancel, Montblanc, Montegrappa, Old England, Purdey, Chloé, and Shanghai Tang.
[edit] See also
[edit] References
- ^ Profile in Forbes Magazine retrieved on March 10, 2006
[edit] External links
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