Biography of Daniel Arnault
Occitan troubadour and creator of the sestina. It was first popularised by Petrarch and later adopted by Ezra Pound.
Bernard Arnault is a French businessman and owner of luxury goods company LVMH, boasting an estimated net worth of $200 billion and being named the richest person in 2022.
Early Life and Education
Maxence Van Der Meersch High School and then studied engineering at Ecole Polytechnique were his two educational stops before working for his father’s company for three years as its president before convincing his father to pivot it from industrial construction to real estate investment and vice-versa.
Through his career, he has acquired multiple luxury brands, such as Celine, Kenzo and Christian Dior. Additionally, he purchased British art auction house Phillips and made an unsuccessful bid for Sotheby’s.
He is a classical pianist and enjoys playing music. Both his children Antoine and Delphine play official roles within his companies, demonstrating his firm belief in family as being essential to success; according to him and his wife having breakfast together every morning as well as encouraging their children to work hard at school.
Over three decades, Arnault has transformed LVMH into an international powerhouse of luxury goods sales with over 75 brands such as wines and spirits, leather goods, perfumes, cosmetics jewelry and fashion sold across 75 brands including Christian Dior, Dom Perignon Fendi Givenchy Stella McCartney Celine among many more – not forgetting Louis Vuitton and Sephora as luxury department store chains!
He revitalized French couture by hiring British designer John Galliano to replace Hubert de Givenchy at his Paris fashion house and investing in American designer Marc Jacobs and his eponymous label. Dubbed the “Pope of Fashion,” he also acquired iconic department store La Samaritaine and classic US jeweler Tiffany & Co.
Arnault is an avid art collector and supporter of centrist Emmanuel Macron, currently president of France. Additionally, he was one of the main donors to rebuild Notre Dame Cathedral after it was devastated by fire in 2019.
Achievement and Honors
He is currently Chairman and CEO of LVMH Moet Hennessy Louis Vuitton Company. Since 1989 he has been one of the key figures within this luxury-products conglomerate as an investor as well.
Born and educated in Roubaix, Ferinel graduated with an engineering degree from Ecole Polytechnique. Soon after his graduation he took over his father’s construction firm Ferret-Savinel – before later changing it to Ferinel Inc and shifting focus from building construction to real estate investments.
His family’s wealth has allowed them to lead luxurious lives. Alexandre and Frederic, his children, have taken over roles at their family brands like Tiffany & Co. and TAG Heuer; Jean is head of watches for Louis Vuitton. All four siblings have managed to avoid scandal and controversy and maintain a strong global presence within their companies.
While not leading his fashion empire, the 73-year-old billionaire enjoys playing golf and art collections that can be seen throughout LVMH’s Paris spaces, from Fondation Louis Vuitton to Olafur Eliasson-designed 24 Sevres which will open this summer.
Frederic, Delphine, Antoine and Alexandre Arnault all hold roles within TAG Heuer; with Frederic himself serving as CEO. Recently he spoke to Fortune about how digital disruption will shape luxury watch industry development and his appreciation of luxury timepieces.
Arnault’s youngest son is passionate about mechanical watches and plans to launch his own label soon. Additionally, he serves as president of LVMH Moet Hennessy Louis Vuitton and chairman of Loro Piana.
Arnault’s fortune stems largely from his ownership of luxury conglomerate LVMH Moet Hennessy Louis Vuitton. Under his guidance, this company has become one of the largest luxury conglomerates worldwide.
His estimated personal stake in LVMH — comprising fashion labels Louis Vuitton and Christian Dior as well as champagne producer Moet & Chandon and watch company TAG Heuer — is valued at an estimated value of about $186.3 billion. Additionally, he owns shares in American jeweler Tiffany & Co.
Arnault has made significant charitable donations to cultural institutions throughout France. Additionally, his personal collection of artwork is quite remarkable.