World’s Richest Persons Competition in 2024
World’s Richest Persons Competition in 2024 Bernard Arnold: The owner of Italian luxury brand Louis Vuitton who has become the richest man in the world
Who is Bernard Arnold?
Bernard Arnold, owner of Louis Vuitton and chief executive of LV Group, is an industry giant. He has managed to take the Italian luxury brand to a leading position. Bernard Arnold has fortunes all over the world, and his wealth is growing rapidly.
Bernard Arnold’s wealth
Bernard Arnold’s wealth has increased to more than 323 billion dollars i.e. 89 trillion Pakistani rupees in March 2021. According to the Bloomberg Billionaires Index, Bernard Arnold is now one of the richest people in the world. The main source of his wealth is Louis Vuitton, a subsidiary of LV Group. Bernard Arnold bought American jewelry company Tiffany & Co for $15.8 billion in January 2021. This is considered to be his biggest purchase. Apart from Louis Vuitton, he also owns companies like Sephora and Louis Vuitton.
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The beginning of Bernard Arnold’s merchant career
Bernard Arnold’s business career began when he purchased his own company, Crin Dew. He started by withdrawing 15 million dollars from the business of this company. He has told that he has to visit 25 stores every week, which not only belong to his own company but also include the stores of competing companies.
Bernard Arnold’s wealth and other rich people
Bernard Arnold’s wealth has increased very rapidly. He is now the richest person in the world with $230 billion. After this, Elon Musk and Bill Gates are also included in this list. Elon Musk, owner of Tesla and SpaceX, is in third place with $185 billion. Bill Gates, founder of Microsoft, is in fifth place with $154 billion.
termination
Bernard Arnold’s wealth is increasing rapidly. He is the owner of Louis Vuitton and the chief executive of LV Group. The main source of his wealth is Louis Vuitton, his company. Bernard Arnold’s wealth has been included in the list of richest people by Bloomberg Billionaires Index. His wealth is considered one of the richest people in the world with a huge increase of $323 billion in March 2021.