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Published on: 2025-03-08 14:28:34 Published on: 2025-03-08 14:28:34

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Leverage AI to improve your sales training programs and increase rep performance ✌️【Value Investing】✌️Invest ₹500 and see your money grow with fast, reliable returns! 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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Editor: 【Value Investing】