Bernard Arnault
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| Bernard Arnault | |
|---|---|
| Born | March 5 1949 |
| Occupation | Chairman, LVMH Chairman, Christian Dior SA |
| Net worth | Image:Green Arrow Up Darker.svg$26 billion US dollar |
| Website | LVMH.com |
Bernard Arnault (born 5 March 1949) is a French businessman. He is the 7th richest person in the world and France's richest person with an estimated net worth of $26 billion US dollars, according to a Forbes report in March 2007.[1]
Bernard Arnault is a native of Roubaix, and graduated with an engineering degree from the École Polytechnique in 1971 (X1969). In 2007, Arnault was listed among Time Magazine's 100 Most Influential People in The World.
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[edit] Business activities
As of March 2007, Arnault owns a 47.5% plurality[2] of LVMH (Moët Hennessy Louis Vuitton), along with Christian Dior SA. Arnault is the Chairman and CEO of both companies.
His daughter Delphine Arnault is actively involved in the management of LVMH.
Arnault also owned the art auction house Phillips de Pury & Company from 1999 to 2003.
[edit] Competitors
Arnault's main competitors are:
- French businessman François-Henri Pinault, whose holding company PPR owns Gucci, Yves Saint Laurent, Alexander McQueen, Stella McCartney, Sergio Rossi, Bottega Veneta, Boucheron, Roger & Gallet, Bédat & Co and Christie's.
- Swiss-based Richemont, which owns Cartier, Van Cleef & Arpels, Piaget, Baume et Mercier, IWC, Jaeger LeCoultre, A. Lange & Söhne, Officine Panerai, Vacheron Constantin, Dunhill, Lancel, Montblanc, Montegrappa, Old England, Purdey, Chloé, and Shanghai Tang.
[edit] Controversies
In January 2007 Kathryn Blair, the daughter of British Prime Minister Tony Blair, completed an intensive French language and culture course at France's Sorbonne University. Tony Blair has been criticised for accepting an invitation on her behalf from Bernard Arnault. During Kathryn Blair's course, which ran from 12 October 2006 to 26 January 2007, she is thought to have been provided with an accommodation, security and transport package worth around £80,000.[3]
[edit] See also
[edit] References
- ^ Profile in Forbes, retrieved on March 8, 2007
- ^ http://www.lvmh.com/comfi/pg_capital.asp?rub=9&srub=2
- ^ "Cherie's pride at her graduate girl (...and the Blairs managed to negotiate a freebie, too)", Gordon Rayner and Peter Allen, Daily Mail, 12 February 2007
[edit] External links
es:Bernard Arnault fr:Bernard Arnault it:Bernard Arnault ja:ベルナール・アルノー pl:Bernard Arnault pt:Bernard Arnault ro:Bernard Arnault ru:Арно, Бернар sv:Bernard Arnault tr:Bernard Arnault zh:贝尔纳·阿尔诺
