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--- bernard_arnault [2021/02/22 03:09]
eziothekilla34 created
+++ bernard_arnault [2021/08/05 03:54] (current)
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 ====== Bernard Arnault ======
-French businessman and chairman of the LVMH conglomerate. According to the 2018 "Forbes" ranking, his wealth is valued at $72 billion. Bernard Arnault comes from a very wealthy entrepreneurial family from Roubaix, near the Belgian border. In 2007, Arnault was named one of the 100 most influential people in the world by Time Magazine. [([[https://en.wikipedia.org/wiki/Bernard_Arnault|Wikipedia]])]
+==== French businessman ====
+Bernard Arnault is a French businessman and chairman of the LVMH conglomerate. According to the 2018 Forbes ranking, his wealth is valued at $72 billion. Bernard Arnault comes from a very wealthy entrepreneurial family from Roubaix, near the Belgian border. In 2007, Arnault was named one of the 100 most influential people in the world by Time Magazine. [([[https://www.forbes.com/profile/bernard-arnault/|Forbes]])]
-===== LVMH Moët Hennessy -- Louis Vuitton =====
+==== LVMH Moët Hennessy — Louis Vuitton ====
 Bernard Arnault is the owner and CEO of the multi-billion dollar wine-to-watch conglomerate LVMH Moët Hennessy, Louis Vuitton SE. [([[https://www.quora.com/What-are-some-interesting-facts-about-Bernard-Arnault|Quora]])]
-===== Education =====
+==== Education ====
 Arnault has a degree in engineering from Paris' École Polytechnique. [([[https://www.awakenthegreatnesswithin.com/bernard-arnault-net-worth-2020/|Awakenthegreatness]])]
-===== Beginning =====
+==== Beginning ====
+He took over the Ferret-Savinel building business of his father in 1971. He changed the name of the firm to Férinel Inc. eight years later and switched the focus to real estate. [([[https://celebanswers.com/how-did-bernard-arnault-get-rich/|Celebanswers]])]
-He took over the Ferret-Savinel building business of his father in 1971. He changed the name of the firm to Férinel Inc. eight years later and switched the focus to real estate. [([[https://celebanswers.com/how-did-bernard-arnault-get-rich/|Celebanswers]])]
+==== Acquiring Dior ====
+With $15 million of his own capital, Arnault raised the $80 million needed to buy Boussac Saint-Frères, a bankrupt textile firm that owned the Christian Dior fashion house, together with Antoine Bernheim, managing partner of the French bank Lazard Frères and Co. [([[https://www.nytimes.com/1997/08/17/business/the-king-of-posh.html|NY Times]])]
+{{tag>business people}}

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