Bernard Arnault[table border=”0″]Net Worth, $29 Billion,,,
Source of Wealth, LVMH, Christian Dior S.A. ,,,
Bernard Arnault earned his place as a member of the List of Billionaires and the title of France’s richest man by joining his father’s company, then using funds to purchase, merge, invest and diversify the corporation into a European powerhouse.
Currently CEO of LVMH, Arnault began his rise to the summit of the luxury brand industry by purchasing the Christiane Dior brand. From there, Arnault made numerous moves to consolidate control of Christiane Dior brands, and in the process became the head of the Louis Vuitton brand and numerous others.
An avid fan of art and well-known art collector Arnault has purchased masterpieces from Picasso, Andy Warhol and many others. He also led a move to create the Louis Vuitton Foundation for Contemporary Art and was a driving force behind the brand’s patronage of French art in general.