Mar 25 2011
Bernard Arnault
Founder, Chairman & CEO of LVMH, Europe’s Richest Man
Bernard Arnault’s high-end luxury goods empire LVMH, with brands including Louis Vuitton, Fendi, Christian Dior and Mokt & Chandon, posted record sales of $16.6 billion. He made it his business to own the most attractive names across the spectrum of luxury goods, cosmetics and beverages. As chairman and CEO of Moét Hennessy Louis Vuitton (LVMH), he had an intense drive and seemingly insatiable corporate appetite that earned him a reputation as a financier interested only in profits. His shrewd moves proved that his expertise in brand management was unmatched by the competition.
“The key to success is this duality–timelessness and the utmost modernity” Bernard Arnault
Bernard Arnault gained a taste for the flavour of entrepreneurship from an early age. After graduating from the Maxence Van Der Meersch High School, he was admitted to the École Polytechnique from which he graduated with an engineering degree. After graduation, he joined his father’s company convincing him to liquidate the construction division of the company for 40 million francs, and to change the focus of company to real estate. He transformed Louis Vuitton, having taken charge of LVMH in 1990. He has long made a crusade of bringing haute couture to the developing world, to places like China and India.[/expand]
Bernard Arnault’s insights from his experiences at the helm of the world’s largest luxury group are invaluable. He has infused many of his brands with a cutting-edge hipness and gained widespread respect for his business strategy and penchant for risk taking. Unique among the world’s leading CEOs, he provides insights into his rare ability to relate to both the creative and financial aspects of running a business.[/expand]
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Topics
Master of the Brand
Business Strategy
Risk Taking
Entrepreneurship
Awards & Recognition
He was awarded the French Legion of Honor.
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