Bernard Arnault

French businessman

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2025 Arnault attended the second inauguration of Donald Trump.
December 31 2023 Received the Grand Cross of the Légion d'Honneur (France) on the last day of the year.
April 2023 Reached peak net worth, becoming the richest person in the world and surpassing Elon Musk.
February 1 2023 Delphine Arnault became the chief executive officer of the luxury brand Dior.
2022 Changed the legal structure of Agache from a Societas Europaea (SE) to a joint-stock partnership to ensure long-term family control over LVMH.
October 2022 Arnault stated that LVMH sold its private jet (a Bombardier Global 7500 registered F-GVMA) after a Twitter user began tracking its flights, and he switched to renting private aircraft for personal and business travel.
August 5 2021 Regained status as the wealthiest man in the world, with his net worth climbing to $198.4 billion, driven by luxury goods sales in China and Asia.
January 2021 Completed the purchase of Tiffany & Co., further expanding LVMH's portfolio and market presence.
October 2020 After initial complications and legal disputes, agreed to the Tiffany & Co. takeover at a slightly reduced price of nearly $16 billion, with the price per share reduced from $135 to $131.50.
January 2020 Again briefly became the richest person in the world.
December 2019 Briefly surpassed Jeff Bezos to become the richest person in the world.
November 2019 Planned to acquire Tiffany & Co. for approximately US$16.2 billion.
July 2019 Became the second-richest man in the world with a net worth of $103 billion.
January 2018 Led LVMH to record sales of €42.6 billion in 2017, a 13% increase from the previous year, with net profit increasing by 29%.
2017 Awarded the Medal of Pushkin by Russia.
2017 Bernard Arnault publicly supported Emmanuel Macron in the second round of the French presidential election.
April 2017 Announced the acquisition of Christian Dior's haute couture, leather, men's and women's ready-to-wear, and footwear lines, fully integrating the Christian Dior brand within LVMH.
2015 Arnault sold his converted research vessel Amadeus.
October 20 2014 The Louis Vuitton Foundation held its grand opening at the Jardin d'Acclimatation in Paris, marking a significant milestone in Arnault's art patronage.
March 2014 Presented with The Museum of Modern Art's David Rockefeller Award in March.
February 2014 Entered a joint venture with Italian fashion brand Marco De Vincenzo, taking a minority 45% stake in the firm.
April 10 2013 Bernard Arnault announced the withdrawal of his Belgian citizenship application, emphasizing his commitment to staying in France and paying taxes, and dispelling perceptions of potential tax evasion.
2012 Honored as an Honorary Knight Commander of the Most Excellent Order of the British Empire (UK).
2011 Received the Woodrow Wilson Award for Global Corporate Citizenship.
2011 Invested $641 million in establishing LCapitalAsia.
December 2011 Transferred a 31 percent stake in Groupe Arnault, valued at €6.5 billion, to Pilinvest before François Hollande took office as President of France.
March 7 2011 Announced the acquisition of 50.4% of family-owned shares in Italian jeweler Bulgari, initiating a tender offer for the remaining publicly owned shares, with the transaction valued at $5.2 billion.
2010 Began serving as a member of the Board of Advisors of the Malaysian 1MDB fund, a position he held until 2013.
2010 Arnault's daughter Delphine began a relationship with Xavier Niel, a French billionaire businessman in telecommunications and technology.

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