Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin and Alfie Oakes
  • World Gold Mine Production
  • Fidelity and Vanguard Since 1971

Europe’s New Wealthiest Man

April 13, 2018 By Richard C. Young

By Willy Barton @ Shutterstock.com

Bernard Arnault, Chairman of LVMH, is Europe’s new wealthiest man. According to the Bloomberg Billionaires Index, the luxury goods tycoon has overtaken Amancio Ortega of Spain as the wealthiest man on the continent. Ortega is the owner of Inditex, the world’s largest clothing retailer.

According to LVMH:

Bernard Arnault is Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, the world’s leading luxury products group.

Born to an industrial family in Roubaix, France on March 5, 1949, Mr. Arnault attended the Roubaix lycée and the Faidherbe lycée in Lille. He then went on to study at the Ecole Polytechnique.

He began his professional career that year as an engineer with the Ferret-Savinel construction company and successively was promoted to various executive management positions before becoming Chairman in 1978.

Mr. Arnault remained there until 1984, when he undertook the reorganization of the Financière Agache holding company. He returned the group to profitability as he embarked upon a strategy of developing the world’s leading luxury products company. In the process, he reinvigorated Christian Dior as the cornerstone of the new organization.

In 1989, Mr. Arnault became the majority shareholder of LVMH Moët Hennessy – Louis Vuitton, creating the world’s leading luxury products group. Mr. Arnault has been Chairman and CEO of the company since that date.

Mr. Arnault is also President of the Board of Directors of Groupe Arnault S.E. (his family holding company).

Mr. Arnault is married and has five children.
He has been awarded the honorary titles of Grand Officier de la Légion d’Honneur and Commandeur des Arts et des Lettres.

Arnault has been making a major push into investing in wine acreage. Read more about his efforts here and here.

Bernard Arnault | Full Q&A | Oxford Union

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Healing France--the Sick Man of Europe
  • Rocket Man!
  • MAP: Islam in Europe
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
Latest posts by Richard C. Young (see all)
  • The End of America’s One-Party System? - October 4, 2023
  • The Best Place to Cut Spending - October 3, 2023
  • ESTABLISHMENT NIGHTMARE: Tucker Carlson Interviews RFK Jr. - October 3, 2023

Dick Young’s Must Reads

  • America’s States Rights Revolution
  • DIGITAL DOLLAR DOOMSDAY: The Wall Street Journal Is NOT Going to Tell You This
  • Hungarian Hardliner Viktor Orban Shows European Globalists the Way
  • What a Way to Make a Living: New Hampshire #1
  • Boom—Your Life Changes
  • TROJAN HORSE: “Diversity, Equity, and Inclusion” is Critical Race Theory in Disguise
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • Who Will Pay the Price for LEDs?
  • Joel Salatin and Alfie Oakes, America’s Food Kings
  • I Meant to Tell You My Recent “Survival Guy” Story

Our Most Popular Posts

  • Bidenomics: Distrust of Public Officials and Institutions
  • "The Goal Is to Break Down the Individual"
  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Can Cinnamon Inhibit Early-Stage Prostate Cancer?
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • The Best Place to Cut Spending
  • “Oh, This Is Prime Real Estate,” They Say
  • “Never Back Down” Fundraising Upbeat
  • Skyrocketing Costs of Building a Green Grid Are Starting
  • Congress Continues to Pummel Taxpayers and Future Taxpayers

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • “Wow, That Was an Obvious Buying Opportunity”
  • Americans Watch as Household Incomes Drop
  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Has Tupperware Survived Its Brush with Death?
  • Biden’s “War” On Fossil Fuels Keeps Shale Drillers Idle as Oil Prices Rise
  • “Oh, This Is Prime Real Estate,” They Say
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • “Then One Day the Grandfather was Gone”
  • India Chooses to Promote Coastal Trade. The US Should Too
  • “No Way I’m Spending That Much on Those”

RSS Yoursurvivalguy.com

  • “Wow, That Was an Obvious Buying Opportunity”
  • Does Anyone Remember the National Debt?
  • French Banker Endorses New International CBDC System
  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Bidenflation Making It Harder to Retire
  • Will Illinois Gun Owners Register Their Firearms?
  • “Oh, This Is Prime Real Estate,” They Say
  • Survive and Thrive September 2023: “I Want to Be a Farmer, a Garbageman, or Tom Brady”
  • Tucker and O’Reilly Discuss the Three People Everyone Needs
  • Investing Habits of the Fairly Wealthy: #10 Powerball

US Treasury Yield Curve: My Favorite Investor Tool

Five Year Treasury Yield

“The Economy Is Buried Under Trillions in Debt”

Horse Manure: Windmill/Sun Power Scheme

“Wow, That Was an Obvious Buying Opportunity”

The End of America’s One-Party System?

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives