The year he turned 22, he began work as an engineer at his grandfather’s construction company in Roubaix. The year he turned 30, he was the company’s chairman. The year he turned 35, he won the bidding for Boussac, the textile group that owned Christian Dior. The year he turned 38, Louis Vuitton and Moët Hennessy merged into LVMH.
The breakthrough yearThe year he turned 39, he announced that he had become LVMH’s largest shareholder, and The New York Times described him as a pivotal figure in the fight over the group.
The year he turned 40, he was elected chairman of LVMH’s executive management board. The year he turned 45, LVMH and Guinness agreed to end their cross-shareholding, and LVMH bought a controlling stake in Guerlain. The year he turned 50, his group put $30 million into NetFlix.com, and the LVMH Tower opened in New York.
The year he turned 58, LVMH bought the newspaper Les Echos for 240 million euros. The year he turned 60, he sold half of Château Cheval Blanc to LVMH. The year he turned 62, LVMH agreed to buy Bulgari for 3.7 billion euros.
The year he turned 68, LVMH took control of Christian Dior Couture in a deal valued at around $13 billion. The year he turned 70, Forbes ranked him second-richest in July, LVMH agreed to buy Tiffany in November, and he briefly passed Jeff Bezos on December 16.
The year he turned 71, LVMH and Tiffany agreed new terms after months of disputes. The year he turned 72, LVMH completed the Tiffany purchase. The year he turned 73, he changed the legal structure of the family holding company Agache, and in December Forbes reported that he had overtaken Elon Musk as the world’s richest person.
The year he turned 74, he named his eldest daughter to run Dior, and LVMH became the first European company worth more than $500 billion. The year he turned 75, LVMH sponsored the Paris Olympic Games and his family prepared to take over Paris FC.
The year he turned 77, he used LVMH’s annual meeting to reaffirm the goal of making Tiffany the world’s leading jewelry brand within five years. In September, the Bloomberg Billionaires Index dropped him out of its top 10.
Bernard Arnault (born Mar 5, 1949) began work at the family construction company the year he turned 22 and became known on Sep 15, 1988, the year he turned 39, when he announced he had become LVMH’s largest shareholder. He was elected chairman of LVMH the year he turned 40.
Ages are by calendar year (the year minus the birth year), birthdays aside.