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In 2016, Arnault was paid €7.8 million as the CEO of the LVMH group. [64] In July 2019, Arnault became the second-richest man in the world, with a net worth of $103 billion. [65] Arnault briefly surpassed Jeff Bezos to become the richest person in the world in December 2019, [66] and again for a short time in January 2020. [67]
The 75-year-old entrepreneur saw his worth leap by approximately $30 billion—leapfrogging Meta founder Mark Zuckerberg's net worth to put him at number three on the rich list.
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $207 billion in just five days.
Just last month, the French tycoon plummeted to the fifth-richest person in the world after a 20% drop in his company’s stock price resulted in a $54 billion cut of his net worth. And in May of ...
LVMH boss Bernard Arnault's wealth topped $200 billion in April surpassing Elon Musk as luxury industry made big gains—but the tide may now be turning. ... Arnault’s net worth was boosted ...
Net worth Sources of wealth 1 Bernard Arnault & family 74 211 billion LVMH: 2 Françoise Bettencourt Meyers: 70 80.5 billion L'Oréal: 3 François Pinault: 86 40.1 billion Kering: 4 Alain Wertheimer: 74 31.6 billion Chanel: 4 Gérard Wertheimer: 72 31.6 billion Chanel: 6 Emmanuel Besnier: 53 27.6 billion Lactalis: 7 Nicolas Puech: 80 9.8 ...
Arnault, who is chairman and chief executive of Louis Vuitton SE or LVMH (LVMUY), has seen more than a $7 billion loss in net worth in 2022 while LVMH stock is off roughly 6.58% during the same ...
Arnault’s net worth is $167 billion, according to the Bloomberg Billionaire Index. The group made a revenue of €42.2 billion ($44.5 billion) in the first half of 2023, up 15% from the same ...