Bernard Arnault’s House: A Peek Inside a Billionaire’s Empire

Bernard Arnault, the owner of LVMH, is a billionaire who oversees a vast empire of 70 luxury fashion and cosmetic brands, including Louis Vuitton and Sephora. In recent years, Bernard Arnault’s net worth has consistently increased. He is currently the fourth richest human in the world.

According to Forbes, his net worth as of June 13th 2022 is $158 Billion. Arnault, the chairman of LVMH, controls the half of the company that has managed to garner a staggering revenue of  $55.3 Billion. The brands which come under his umbrella are Christian Dior, Louis Vuitton, TAG Heuer watches, Dom Perignon Champagne, Sephora, FENTY, etc.

Bernard Arnault’s Luxurious Abodes

It’s not surprising that he has more residences than he can live in, given his wealth. Let’s take a look at his collection of houses:

France, Bordeaux

Bernard Arnault’s house in Paris is a mansion, according to Bloomberg, is peppered with some of the world’s most famous paintings. Jean-Michel Basquiat, Damien Hirst, Maurizio Cattelan, Andy Warhol, and Pablo Picasso are among the artists represented in Arnault’s modern and contemporary art collection.

According to Elegancepedia, the property near des Invalides is a 2,000-square-metre hotel. This property in particular is a stately townhouse, similar to a mansion in the United Kingdom.

His home is a gorgeous 150-year-old castle/chateaux surrounded by vineyards in Saint-Emilion, Bordeaux, France, where he resides with his wife Helene Arnault. Since 1998, it has been in the Arnault family.

French Alps

Despite its opulence, Bernard Arnault’s house is designed Cheval Blanc for his business and personal travels. It is situated in the world’s largest ski area. This 150-year-old Chateau Cheval Blanc, located in the farthest corner of northwest Saint-Emilion in Bordeaux, France, was purchased privately by Bernard Arnault and Albert Frere in 1998.

The Chateau has 34 luxurious rooms, as well as a private Chalet and a penthouse with a balcony overlooking the mountain. A huge heated pool, sauna, and jacuzzi are also available at the hotel. It is also encircled by a lush vineyard. This unaltered vineyard spans over 41 hectares and effectively mixes beauty, environment and history in one location. The Chateau has also been regarded as one of the top wine-producing areas in the world since 1871.

Paris, France

Bernard Arnault also has a luxurious vacation home on the island of St. Tropez, which he visits only during his vacations.

Beverly Hills, California

While the billionaire’s primary residences are in France, he also has five properties in Beverly Hills. They’re worth a total of $125 million. Two of them are in the Trousdale Estates area close to one other, while two more are in the Bird Streets neighbourhood next to each other. He apparently aims to demolish the expensive residences in each of these places and build one massive home that will span both lots.

An Island in the Bahamas

Having some billions in your pocket doesn’t restrict you to just houses. Arnault proved this statement to be accurate by recently purchasing a 133-acre Indigo Island in the Bahamas for a whopping $35 million.

Bernard Arnault’s Luxurious Assets

Yacht

Symphony, Bernard Arnault’s second boat, is an environmental friendly yacht which was the largest Feadship yacht at the time of her delivery in 2015. The exteriors of the yacht is beautifully designed by Tim Heywood Design, while Zuretti Interior Design created her interior. It is worth 130 million Euros and is anchored at the îles Camas.

Private Jet

Arnault owns a private jet Bombardier Global Express whose estimated value is of $52 million dollars.

Art

Much credit for Bernard Arnault’s net worth goes to his world-class art collection. Some of the famous works of Picasso, Henry Moore, Andy Warhol and Yves Klein is owned by him.

In 2013, he announced the establishment of LVMH’s international competition for students from fine arts schools. Every year, the winner receives a $340,000+ grant and a year of mentorship to help them launch their own label. Bernard previously owned Phillips de Pury & Company, an art auction business.

Bernard Arnault’s Company

Bernard Arnault’s company owns LMVH, which houses 70+ luxury brands ranging from fashion, cosmetics, wines, cosmetics, and jewellery among others. Bernard Arnault’s net worth is largely generated from his 97.4 per cent share in Christian Dior, a high-end fashion house for men and women. In addition, he owns 8.6% of Hermes and 1.9 per cent of Carrefour. In total LVMH generated $53 billion in revenue in the year 2018.

The fashion and leather goods sector, which includes Vuitton, Dior, and Fendi products, accounts for over half of LVMH’s revenue and contributed a 52 per cent increase in like-for-like sales well exceeding analysts’ expectations of a 27 per cent increase.

When accounting for acquisitions and exchange rate effects, sales in the watches and jewellery segment increased by 138 per cent, owing to Tiffany’s consolidation.

After a legal battle, LVMH also acquired Tiffany at the price of $15.8 billion in early January.

All in all, Louis Vuitton’s worth is slightly over $40 billion, which is also the world’s most valuable luxury brand.

Bernard Arnault’s Family

Arnault’s two children Delphine and Antoine are from his first marriage with Anne Dewavrin, whom he married in 1973. Delphine and Antoine were born in 1975 and 1977, respectively.

In 1990, Arnault and Dewavrin divorced. He then married Helene Mercier, a Canadian concert pianist, in 1991, and the couple has three children: Alexandre, Frederic and Jean. Alexandre and Frederic works at LMVH.

Delphine is now married to Xavier Niel, a millionaire businessman from France who works in the telecommunications and technology industries. He is also a co-owner of the French daily Le Monde.

Delphine has also been the executive vice-president of Louis Vuitton since September 2013 and Antoine is the CEO of Berluti and the Chairman of Loro Piana, a luxury fabrics company.

Bernard Arnault’s Net Worth

Arnault’s net worth is calculated to be estimated at $195.9 billion, which is increasing day by day because of his investment and business strategies. It’s no secret that Bernard Arnault floats in a boat full of successful investments. Netflix, Boo.com, Libertysurf, and Zebank are among the companies he has invested in. He got into the yachting business years ago when he bought Princess Yachts for more than $200 million and Royal van Lent for a similar sum. In order to provide help with the Norte-Dame Cathedral (after the fire in 2019), Arnault and his family donated a sum of $234 million. He also donated $11 million to assist combat wildfires in the Amazon.

In Conclusion

Arnault undoubtedly has achieved remarkable levels of accomplishment. His net worth has risen dramatically in the last year and is expected to continue to climb the ladder with all his hard work and investments.

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