Bernard Arnault is a French investor, businessman, and CEO of multinational luxury goods company LVMH. If the name sounds familiar, its because Arnault often takes the lead as one of the world’s richest people, or because he runs the company that sells the world’s most luxurious brand, Louis Vuitton. Some days Arnault is number two on the list of the world’s richest people, then he makes it to number one, only to drop back down to number three a few days later. And while his position as the the richest person in the world is slightly fluid, his status as a multibillionaire is not.
So, that’s exactly what this page will be highlighting, Bernard Arnault ’s net worth and his current earning power. Just for good measure, we’ll also include a few fun facts related to his success and influence. So, let’s dive in.
What is Bernard Arnault’s Net Worth?
As of 2023, and at the time this article’s updated publication, Bernard Arnault’s net worth is estimated at around $211 billion. And even though he’s down $6 billion since January of last year, he is still ranked as the no.1 richest person in the world; however, his rank does fluctuate frequently between being the 1st, 2nd, and 3rd richest.
How Much Does Bernard Arnault Make a Year
Various sources place Bernard Arnault’s annual earnings at a little over $9 million. However, with a 40.1% stake in LVHM, most of Arnault’s wealth money comes from his ownership of the company. So, while he may only make on paper, around $9 million dollars per year, his wealth dramatically grows primarily through asset appreciation and capital gains.
With that being said, we still aim to provide you with Bernard Arnault’s hypothetical (but very possible) annual earnings. Annual earnings that will be based off his net worth of $183 billion alone. So, if you’ve ever wondered how much does Bernard Arnault make a day, month, or even a year, our metric below will give you a rough estimate.
To provide you with this number, it is assumed that Arnault is a savvy enough investor to earn an annual 4.0% yield on his combined $211 billion net worth (4% is not difficult to achieve considering historical returns on safe investments have typically fallen between the 3% to 5% range ). As such, if Bernard Arnault decided to liquidated his assets in LVHM and transfer all of them into a handful strong and safe dividend paying stocks earning a modest 4% yield, his annual earnings would roughly be $8.4 billion per year.
Put another way, Bernard Arnault could bring home roughly $23 million a day for the rest of his life, without decreasing his net worth at all. That’s what we call, “living the good life”.
Bernard Arnault’s Money Metrics
|2023 Net Worth:||$211,00,000,000|
|**Earnings Per Year:||$8,440,000,000|
Note: this is a hypothetical (but very possible) earnings Metric for Bernard Arnault based off of his net worth’s earning power alone. It does not include how much he potentially earns from projects, sponsorships, real estate owned, or social media, etc. Again, this calculation is for entertainment purposes only.
Bernard Arnault Net Worth History
Ever wondered how much Bernard Arnault’s wealth has changed over the years? If so, that graph provided below will help answer that question. That said, the Bernard Arnault net worth history shown below goes back 2017.
Which indicates that his net worth has grown by approximately 414% over the past 7 years.
- Bernard Arnault’s background is in engineering.
- After graduating Arnault went to work for his father’s construction business.
- Arnault’s empire spans over 70 brands including Louis Vuitton, Tiffany & Co, and Christian Dior.
- Bernard Arnault is the richest person in Europe and the World.
- Bernard Arnault has 5 children
- Bernard’s company spends over $100 million a year to fight against designer brand knock offs
- Bernard owns a $35 million island in the Bahamas
How Did Bernard Arnault Become Successful?
Bernard Arnault got his start in the construction business as a civil engineer working for his father. However, at the age of 25 after only three years on the job, he was given the reigns to run the family business.
After a few short years of presiding over the family business, Arnault would eventually pivot his business into a real estate development company. Shortly thereafter, Arnault began seeking out value investments in various industries outside of his sphere of expertise.
He would go on to acquire a textile and retail conglomerate, and then a luxury company soon after. And just 10 years after he took over the family business from his father, he would become the largest shareholder of LVMH, which would eventually pave the way for his future acquisition of the company.
“Money is just a consequence. I always say to my team, don’t worry too much about profitability. If you do your job well, the profitability will come” – Bernard Renault
Once Arnault assumed leadership of LVHM, his empire expansion went into overdrive. And year after year he’s inched closer and closer towards obtaining the title of the world’s richest person.
How did he do it? Well, according to the Bernard Arnault Success Story, his success was a biproduct of his business model. And according to an interview he gave to CNBC, this model is based on innovation, creativity, and quality.
These days, Arnault’s empire is comprised of 70 different brands divided into six different sectors, covering everything from highest end perfumes, wines, and the best and highest quality leather goods in the world. All of which has led Arnault to now be the 2nd richest in the world.
More Bernard Business Insights
That said, below is an insightful video to watch if you’re looking for a few more unique Bernard business insights. It’s sure to fill in the gaps on any areas we missed related to how Bernard Arnault built his fortune. Enjoy!
Here are some key Bernard Arnault takeaways:
- Bernard Arnault Net Worth: $211 billion
- **Annual Earnings: $8.44 billion
- **Daily Earnings: $23 million
- 7 Year Growth of Wealth: 414%
- Keys to Success: Innovation, Creativity, Focus on Quality, Investing in Value
Bernard Arnault’s sizeable net worth is directly related to his obsession with value. His obsession with value shows up with in how he invests. Which is why upon closer inspection, you’ll notice he only invests in assets, brands, companies, and people that provide the highest and best quality to the market.
With that being said, we hope you enjoyed this page about Arnault’s net worth, earning power, and how he got began building his empire. He certainly has become an uber-successful business magnate that everyone should know more about. May his example intrigue you, educate you, and inspire you to go big like Arnault.
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