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Use AI to improve your online sales process and reduce churn ✌️【Career Counseling】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now! Arnault and his family have an estimated net worth of US$239 billion (Rs 19,600 crores) as of June 2023, according to Forbes, making him the wealthiest person in the world.
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Its portfolio includes over 70 luxury brands, including Tiffany & Co., Dior, Fendi, and Bulgari.
The wealthiest man in the world must own a number of luxurious and exclusive properties.
Family Mansion in Paris | $200 million and Saint-Tropez vacation home $13 million.
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When one has insurmountable money, they are bound to have access to the most expensive, exclusive, and luxurious things.
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The Bernard Arnault net worth comes from a 97.5% stake in Christian Dior, which controls 41.4% of LVMH.
In 2022, LVMH had a record revenue of 79.2 billion euros (US$83.4 billion).
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In 2007, Blue Capital announced that Arnault owned jointly with the California property firm Colony Capital 10.69% of France's largest supermarket retailer and the world's second-largest food distributor Carrefour.
In 2008, he entered the yacht business and bought Princess Yachts for 253 million euros.
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On 7 March 2011, Arnault announced the acquisition of 50.4% of family-owned shares of the Italian jeweller Bulgari, to make a tender offer for the rest, which was publicly owned.
The transaction was worth $5.2 billion.
In 2011, Arnault invested $641 million in establishing LCapitalAsia.
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