CEO Today Top 50 – Bernard Arnault

Bernard Arnault CEO Today Top 50
Photo - Ecole Polytechnique

CEO Top 50

Name: Bernard Arnault

Net worth: $75.9 billion

Company: LVMH

Bio: Bernard Arnault received a degree in engineering from École Polytechnique in Palaiseau in 1971. In 1979 he succeeded his father as President of his company, Férinel, then went on to acquire and become CEO of the Financière Agache.

From there, he became CEO of LVMH, the world’s largest luxury-goods company, and Chairman of Christian Dior, of which he purchased all remaining shares in 2017 for $13.1 billion.

Arnault has been awarded The Woodrow Wilson Award for Global Corporate Citizenship in 2011, Knight Commander of the Most Excellent Order of the British Empire in 2012, and The Museum of Modern Art’s David Rockefeller Award in 2014.

He is now the sixth richest person in the world according to Forbes and the richest person in France.

“The key to success is this duality – timelessness and utmost modernity.”

CEO Fact: Arnault, upon visiting the US for the first time, hired a cab when he was 21 and the cab driver could only correlated France with Christian Dior; a moment that taught him the value and global effect of branding. His company supports humanitarian, scientific and medical research organizations.

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