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Grizzly Bulls’ Billionaires Index

⬅ # 4 Mark Zuckerberg|# 6 Larry Page ➡

# 5 Bernard Arnault 

$155B

Real Time Net Worth
as of 11/18/2024
-$2.9B (-1.85%)

# 5 Bernard Arnault 

$155B

Real Time Net Worth
as of 11/18/2024
-$2.9B (-1.85%)
OccupationFounder, Chair, and CEO of LVMH
Source of WealthLVMH
Age75
ResidenceParis, France
Marital StatusMarried
Children5
EducationBS, Ecole Polytechnique de Paris
Age-Adjusted Net Worth$56.3B
Bernard Arnault
Bernard Arnault
France
Net worth: $155B

Self-Made Score 

Omega Speedmaster Moonwatch Professional Chronograph 42mm Men's Watch

Wealth History

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Biography

Bernard Arnault was born on March 5, 1949, in Roubaix, France.
In 1984, Arnault acquired the struggling luxury goods company Christian Dior and subsequently restructured it, paving the way for his entry into the luxury goods sector.
In 1987, he engineered the merger of Christian Dior with Moët Hennessy, creating the luxury conglomerate LVMH Moët Hennessy Louis Vuitton.
Arnault became the majority shareholder of LVMH in 1989, and under his leadership, the company has grown to become the world's largest luxury goods conglomerate.
He played a pivotal role in the acquisition of iconic brands such as Givenchy, Fendi, and TAG Heuer, expanding LVMH's portfolio.
In 2007, Bernard Arnault was awarded the title of Commander of the Legion of Honour, one of France's highest decorations, for his contributions to business and the economy.
Arnault is known for his keen interest in art, and in 2019, he opened the Fondation Louis Vuitton, a contemporary art museum and cultural center in Paris.
As of 2020, Bernard Arnault briefly surpassed Jeff Bezos as the world's richest person, driven by the success of LVMH and its strong performance in the stock market.
In 2020, amidst the COVID-19 pandemic, LVMH successfully acquired Tiffany & Co. in a deal valued at $15.8 billion, further solidifying the company's dominance in the luxury sector.
Arnault has consistently been listed among the most influential people in the business world, with his strategic vision and leadership shaping the global luxury industry.

Bernard Arnault's Wealth is Equivalent to:

119,476,520 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

29,366,131 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

1,586,182 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Bernard Arnault?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Bernard Arnault's net worth of $155B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

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Bernard Arnault is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Bernard Arnault, LVMH is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey