LVMH Moët Hennessy Louis Vuitton is a well-liked French firm specializing in luxurious items.
Bernard Arnault has been the corporate’s CEO since 1989 and now trend lovers need to know extra about him.
Who’s Bernard Arnault?
Bernard Arnault is a enterprise magnate, investor and artwork collector born on March 5, 1949 in Roubaix, France.
He has labored for a number of firms over time however is arguably finest recognized for his work at LVMH.
He co-founded LVMH in 1987 after Moët Hennessy and Louis Vuitton merged.
Arnault will not be solely appearing CEO, but in addition majority shareholder and chairman.
When Arnault will not be within the workplace, he can usually be discovered at house along with his spouse Hélène Mercier, whom he married in 1991.
What did Kanye West say about Bernard Arnault?
On account of his high-profile profession, Arnault has made a number of headlines over time.
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He made headlines once more in October 2022 after Kanye West claimed Arnault was answerable for the loss of life of his finest pal Virgil Abloh.
“CATCH MY HAND WITH THE RULER(S), I WILL SIT IN THE ‘PRINCIPAL(S)’ OFFICE,” West wrote in an Instagram put up.
“CAN’T WE TALK ABOUT MORE IMPORTANT THINGS LIKE WHAT TIME THE SHOW WAS OR HOW BERNARD ARNAULT KILLED MY BEST FRIEND.
The allegations got here simply hours after West and conservative influencer Candace Owens wore White Lives Matter t-shirts to his Paris trend present, sparking outrage from followers.
Identified for his profession as a designer, Abloh has served as inventive director of Louis Vuitton’s males’s assortment since 2018.
He died on November 28, 2021 on the age of 41 after a battle with cardiac angiosarcoma, a uncommon sort of most cancers.
In keeping with Ladies’s Put on Day by day, West additionally shot Arnault through the occasion, calling him his new rival and largest competitor.
“Bernard Arnault is my new Drake,” mentioned West, who had legally modified his identify to Ye.
“After my first assortment, Yeezy One, bought extra views than Chanel, I met Bernard Arnault and he supplied me a deal for the Kanye West line, and three months later he went via with the deal. So my second assortment didn’t have a producer.”
Right now, Arnault has not addressed West’s allegations.
What’s Bernard Arnault Internet Price?
Through the years, Arnault’s web price has continued to develop because of the success of LVMH.
In keeping with Bloomberg, its worth is estimated at $130 billion as of October 2022.
The outlet notes that the majority of his worth comes from his stake within the firm, which had gross sales of $76 billion in 2021.
Who’s Bernard Arnault? | The US solar
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