Meet man who owns over 50 luxury hotels in 24 countries, his name is…, he is from…
Bernard Arnault is the Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, the world’s leading luxury products group. Arnault began his professional journey as an engineer with the Ferret-Savinel construction company, where he steadily advanced through various executive roles. With time, his powers and roles increased and he ultimately become the Chairman in 1978.
Arnault stayed with the company until 1984, when he took on the task of restructuring the Financière Agache holding company. He successfully restored its profitability and launched a strategy aimed at building the world’s leading luxury goods group. As part of this transformation, he revitalized Christian Dior, positioning it as the foundation of the new organization.
Bernard Arnault became the majority shareholder of LVMH Moët Hennessy – Louis Vuitton in 1989. With the aim of creating the world’s leading luxury products group, Arnault got the responsibility to lead the company as the Chairman and CEO.
Notably, LVMH owns prestigious brands such as Christian Dior, Celine, Tiffany, Sephora, Louis Vuitton, and Moët Hennessy. Talking about luxury hospitality, the group owns famous hotels of the world including Cheval Blanc Maisons, Bvlgari Hotels, and the Belmond group. With more than fifty hotel properties in 24 countries across the world, Arnault is considered the world’s richest hotelier, according to Insider Monkey.
Bernard Arnault was born to an industrial family in Roubaix in 1949. He attended the Roubaix lycée and the Faidherbe lycée in Lille and later went on to study at the Ecole polytechnique. The net worth of Arnault is estimated to be around $199.7 billion as on April, 2025.
Bernard Arnault on US-China trade war
The Chairman and CEO of LVMH Moet Hennessy Louis Vuitton recently spoke during the annual shareholders meeting of LVMH Moet Hennessy Louis Vuitton in Paris, France, where he said that European governments urgently need to ease tensions with the United States over President Donald Trump’s tariffs.
“European countries should try to manage these negotiations, and not leave them to bureaucrats”, the billionaire was quoted as saying by a Reuters report.
“I’ve already heard of several companies who are thinking about shifting more production to the United States, but you couldn’t say this is the fault of the companies. This would be Brussels’ fault,” he added on the impact of US tariffs on US companies.
(With inputs from agencies)
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