How luxury goods group LVMH keeps piling up the wealth for Bernard Arnault and his family
French businessman Bernard Arnault, the boss of the luxury goods group LVMH, has reached the peak of the Mount Everest of wealth. He is now firmly ensconced as the richest person in the world, far outstripping his rivals below. And his family's fortune just looks set to keep on growing. Every year the income from the family's capital stake in the group alone can be counted in the billions – vast sums which in turn generate yet more profits. Martine Orange examines the figures of this colossal money-making system.
“I“I always liked being number one,” Bernard Arnault told the Financial Times in June 2019. He has achieved that ambition beyond his wildest dreams after climbing through the ranks of the world's biggest fortunes to reach the top.
