January 29, 2023
LVMH Chief Govt Bernard Arnault arrives for a information convention to current the group’s 2010 leads to Paris February 4, 2011.
REUTERS

KEY POINTS

  • Bernard Arnault is the chairman and CEO of the luxurious empire LVMH
  • Moët Hennessy Louis Vuitton (LVMH) is a luxurious conglomerate in-built 1987
  • Louis Vuitton is a luxurious model recognized for its premium high quality leather-based merchandise

Bernard Arnault is the chairman and CEO of the luxurious empire LVMH. With a web price of $186.9 billion, the French businessman is at present the second richest on this planet, based on Forbes. Here’s a nearer have a look at the numerous manufacturers he owns.

LVMH

The Moët Hennessy Louis Vuitton (LVMH) is a luxurious conglomerate in-built 1987 after the style model Louis Vuitton and wine firm Moët Hennessy merged. It owns a minimum of 75 manufacturers in six enterprise teams, a few of that are included on this checklist.

Louis Vuitton

Louis Vuitton is a luxurious style model recognized for its premium high quality leather-based merchandise emblazoned with the “LV” emblem. Other than luggage and footwear, the corporate additionally produces jewellery, watches, sun shades and different equipment.

Givenchy

1599px-Bernard_Arnault_(2)_-_2017
As Amazon shares plummeted, a French style Bernard Arnault mogul surpassed Bezos because the richest man on this planet.
Inventive Commons

Hottest for creating Audrey Hepburn’s iconic little black gown in “Breakfast at Tiffany’s,” Givenchy is without doubt one of the many luxurious retail corporations owned by Arnault’s conglomerate. In 1988, LVMH acquired the model, based in 1952.

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Dior

LVMH acquired the style home Christian Dior for $13.1 billion in 2017. The model is finest recognized for its robes, purses and footwear. The corporate has 198 shops worldwide and earns $64.2 billion in income.

Tiffany & Co.

Bernard Arnault has additionally lately acquired jeweler Tiffany & Co. for $15.8 billion, described as the most costly deal within the historical past of the luxurious sector. Bernard’s son Alexandre is the chief vice chairman of the model.

Gucci

GettyImages-Bernard Arnault
Proprietor of LVMH Luxurious Group Bernard Arnault and his daughter Delphine Arnault, VP and govt vice chairman of Louis Vuitton attends the LVMH Prize 2019 Version at Louis Vuitton Avenue Montaigne Retailer on March 01, 2019 in Paris, France.
Photograph by Bertrand Rindoff Petroff/Getty Photos

Italian luxurious style model Gucci can also be a part of the LVMH empire after the conglomerate acquired a 34% stake for $1.4 billion, based on The Richest. Initially acknowledged as a “geek-chic” model, Gucci has round 487 outlets and made $10.11 billion in gross sales by 2019.

Le Bon Marché

Based in 1838, Le Bon Marché is called the primary and most iconic division retailer in Paris. It’s a high-end store in Paris that gives a main collection of items from prime manufacturers. The corporate turned a part of the LVMH Group in 1987.

Dom Pérignon

Dom Pérignon is a champagne firm that was one of many first manufacturers of Moët Hennessy. The corporate is without doubt one of the oldest in Arnault’s LVMH portfolio. Their merchandise are solely obtainable as classic and constituted of the very best grapes, as said on LVMH’s web site.

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Hublot

Bernard Arnault, chief executive of French luxury behemoth LVMH, met with Donald Trump in New York in January 2017, just weeks after he was elected president
Bernard Arnault, chief govt of French luxurious behemoth LVMH, met with Donald Trump in New York in January 2017, simply weeks after he was elected president
GETTY IMAGES NORTH AMERICA / Drew Angerer

Hublot is a Swiss luxurious watch model based in 1980. Arnault purchased the corporate from founder Carlo Crocco in 2008 for an undisclosed quantity. The model is finest recognized for its “large bang” chronograph.

Celine

French luxurious style home Celine was based in 1945. The model now has 178 shops worldwide and releases 4 collections in a 12 months. The corporate carries a variety of leather-based items, purses, footwear and jewellery.

Hennessy

Cognac model Hennessy is without doubt one of the most well-known liquor manufacturers on this planet. Based in 1765, the corporate capitalizes on its 250 years of expertise and custom in creating high-quality cognac.

Marc Jacobs

Marc Jacobs is a luxurious retail and cosmetics model based by a former Louis Vuitton inventive director. Since its institution in 1984, the model has been a key participant within the style business and recognized for mixing custom and innovation.

Profit Cosmetics

French business tycoon Bernard Arnault is the Chairman & CEO of French conglomerate LVMH.He has been declared Europe's richest man, with net worth estimated at $41 billion as on 2011.
French enterprise tycoon Bernard Arnault is the Chairman & CEO of French conglomerate LVMH. He has been declared Europe’s richest man, with web price estimated at $41 billion as on 2011.
Reuters

Profit is a cosmetics firm based in 1976 in San Francisco, California. The cosmetics agency is well-known for its inventive model storytelling and distinctive packaging. Their make-up strains are bought in Sephora, one other LVMH model.

Sephora

Sephora is a world magnificence retailer based in 1969. The cosmetics chain was acquired by the LVMH Group in 1997 and now carries varied luxurious manufacturers, together with Fenty Magnificence by Rihanna and Kat Von D.

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Moët & Chandon

Moët & Chandon is without doubt one of the hottest champagne manufacturers on this planet. The corporate was established in 1743 and bought by LVMH in 1987. The corporate has wineries in California, Australia, Argentina, Brazil, China and India, based on LVMH’s web site.

TAG Heuer

Established in 1860, TAG Heuer is called one of many pioneers in watchmaking. The luxurious chronograph watch model additionally makes different equipment, together with eyewear. The long-lasting model launched its first luxurious linked watch in 2015.

Fendi

Italian luxurious style model Fendi is hottest for its fur and leather-based items. Established in 1925, the famend style model has 54 years of collaboration with German designer Karl Lagerfeld, described by LVMH’s web site as “longest in style historical past between a designer and a maison.”

Recent

Recent is a cosmetics model finest recognized for its huge number of pure beauty merchandise. The beauty model was launched in 1991 in Boston and bought by LMVH in 2000. Recent merchandise are bought in Sephora.

Bulgari

Prime jewellery model Bulgari is thought for its luxurious watches and diamond necklaces. The model was based in 1884 and bought to LVMH in 2011 in a $5.2 billion deal, together with them within the conglomerate’s Watches and Jewellery Group.

Veuve Clicquot

One other champagne model below LVMH’s Wines & Spirits Home, Veuve Clicquot is an iconic model within the sector. The corporate was based within the late 18th century and purchased by Louis Vuitton in 1986, a 12 months earlier than its merger with Moët Hennessy.

Kat Von D Magnificence

Based in 2008 by tattoo artist Kat von D, cosmetics model Kat Von D Magnificence is thought for being 100% vegan, cruelty-free and sustainable. The corporate is now owned by Kendo, LVMH’s magnificence incubator, after founder Kat von D left the corporate.

Le Parisien

Le Parisien is without doubt one of the hottest newspapers in France. Based in 1944, the information media model has a month-to-month reader of 18 million within the paper’s completely different codecs. LVMH’s web site says Le Parisien has 15 million distinctive guests on their web site and cell app.

Rimowa

Baggage firm Rimowa is at present managed by Bernard Arnault’s son Alexandre. The corporate, based in 1989, was acquired by LMVH for $700 million. The model rose to fame when it launched the Supreme baggage assortment in 2018.

Fenty Magnificence by Rihanna

Fenty Magnificence by Rihanna is a luxurious clothes and cosmetics model acquired by LVMH in 2017. Championing the fantastic thing about ladies, the pop star launched a 40-shade vary of foundations by means of the model.