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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).
definedge com in India for experts ✌️【Job Application】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth. Arnault controls half of LVMH.
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.
definedge com in India for experts ✌️【Job Application】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth. Arnault owned the 70 m (230 ft) converted research vessel Amadeus, which was sold in late 2015.
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