bernard arnault yacht saint tropez

Bernard Arnault: The Richest Man in the World owns a villa in Les Parcs de St Tropez

Bernard Arnault The Richest Man in the World owns villa Les Parcs de St Tropez

The titan, the visionary, and St Tropez enthusiast Bernard Arnault has taken the number one spot on the 2023 Forbes list of billionaires as the richest man in the world, beating out such heavy competition as Elon Musk and Warren Buffett. This French entrepreneur is well known for building and running the luxury goods empire LVMH Moët Hennessy Louis Vuitton, currently boasting a net worth of $211 billion. In addition to his vast personal and professional portfolio of investments in a number of properties and businesses, Arnault is the CEO of LVMH and a 97.5% stakeholder in Christian Dior.

The influence of this impressive 74 year old French business is felt in many top locations around the world; none more so than in Saint Tropez. Owning a number of properties and a top luxury hotel in this iconic French village, Bernard Arnault is a true lover of the Saint Tropez lifestyle.

St Tropez House takes a deeper look into the broad reach of Bernard Arnault and LVMH to better understand their significant presence in Saint Tropez.

Who is the richest owner of a property in Les Parcs de Saint Tropez?

Bernard Arnault is the richest property owner in Les Parcs de Saint Tropez , owning a majestic seafront chateau in the most prestigious gated domain of St Tropez. He has been seen playing tennis on the courts of this gated community!

What Saint Tropez properties do Bernard Arnault and LVMH own?

Saint Tropez is home to several properties and businesses owner by Bernard Arnault and LVMH. Arnault has invested in over nine ultra-luxurious properties in both France and the United States; from an illustrious château in Les Parcs de Saint Tropez to a chic Parisian home and at least six properties in Beverly Hills, one purchased for $42 million. Arnault’s investments also include an impressive superyacht called Symphony which is worth roughly $190 million.

In addition to his personal property investments, LVMH is also the proud owner of a prestigious Tropézienne property. In 2016 LVMH Hotel Management division bought the former La Résidence de la Pinède and transformed it into the world renowned hotel retreat it is today, the Cheval Blanc . After completing major renovations in 2018, the Cheval Blanc opened its illustrious doors to the public in 2019 and has remained at the forefront of the hotel and culinary industry since. This stunning hotel is home to 3-star Michelin restaurant La Vague d’Or.

Does LVMH Group own vineyards in or around Saint Tropez?

  Wyświetl ten post na Instagramie   Post udostępniony przez LVMH (@lvmh)

This leading luxury brand has in recent years turned its investment interest to the world of vinification. As part of an ongoing confidence and eagerness to support the French wine industry, LVMH has purchased a range of prestigious wineries in and around Saint Tropez. In addition to those listed below, the group purchased Château Galoupet in La Londe-les-Maures in 2019.

Château d’Esclans

Home to the internationally renowned rosé Whispering Angel, Moët-Hennessy (part of the LVMH group) purchased the majority share of Château d’Esclans in 2019 with the intention of taking full ownership in 2024. Located just northeast of Saint Tropez, this stunning vineyard produces 10 million bottles per year and distributes to over 100 countries. In addition to the Château, the group also acquired the adjoining estate Jas d’Esclans and nearby Château de Vaucouleurs.. Address: Château d’Esclans, 4005 route de Callas, 83920, La Motte en Provence, France Telephone: +33 (0) 494-604-040 :

Château Minuty

After belonging to the Matton-Farnet family since 1936, the famous Château Minuty, spreading over 160 ha of vines across the most prestigious land of Saint Tropez, was acquired by the LVMH group in February of 2023. Having built an internationally recognised and successful brand over the decades, Minuty has become one of the most celebrated brands of Provence wine in the world.

Address: Château Minuty, 2491 Rte de la Berle, 83580 Gassin, France Telephone: +33 (0) 494-561-209

What top St Tropez restaurant does Bernard Arnault own?

The exclusive and flawlessly elegant Italian restaurant Cipriani , with locations in top cities from Miami to Monaco, opened its doors in Saint Tropez in July of 2021. Under joint ownership of French luxury brand titans LVMH and Moma Group , this location was built in total secrecy and took the luxury hospitality world by storm!

Address: Cipriani St Tropez, 15 Rue François Sibilli, 83990 Saint-Tropez, France Telephone: +33 (0) 422-470-910

Who is Bernard Arnault?

  Wyświetl ten post na Instagramie   Post udostępniony przez Jean Arnault (@arnaultjean)

Bernard Jean Étienne Arnault is many things; from an investor, business titan, art collector and founder of the largest luxury goods business the world has ever seen. In addition to this he is also a family man and father of 5 children. His children, Delphine Arnault, Antoine Arnault, Frédéric Arnault, Alexandre Arnault, Jean Arnault all work across and within LVMH and its brands and have created names for themselves in their own right. Delphine is not only director, executive vice president and heiress of Louis Vuitton but in February 2023 was also appointed CEO of Dior. Jean the youngest son is at the helm of the watch division and Alexandre is not only executive vice president of Tiffany & Co but is also a renowned jet-setter and ambassador to US stars and rappers.

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Symphony At Sea: A Glimpse Into LVMH CEO’s $150 Million Superyacht

bernard arnault yacht saint tropez

Bernard Arnault, rumored to have been the third richest man in the world, owns one of the grandest yachts at sea. The impressive superyacht boasts a vast interior and eye-catching aesthetic that make it notable on any list. Mr. Arnault is the CEO of the French luxury goods company LVMH (Louis Vuitton, Moet, Hennessy ) and has caught the attention of yachting enthusiasts with his exceptional seabound treasure.

bernard arnault yacht saint tropez

In 2015, the high-end yacht builder, Feadship, built the $150 million superyacht. Mr. Arnault purchased it, and named it Symphony , a musical metaphor for the billionaire’s undisturbed ocean getaway. It ranks in the top 50 of biggest yachts in the world measuring roughly 333 feet with a max speed of 21 knots, so it’s no wonder that it continues to catch stares wherever it’s docked.

On top of that, the elaborate interior makes this sizable structure stand out from the rest. Zuretti Interior Design, a French studio specializing in luxury superyachts, took on the task of perfecting it. The artisan space was inspired by residences in Bali and Thailand. The walls and floors were covered in light wash wood panels that suggest a hint of ‘upscale tropicale’ . Meanwhile, neutral furniture with gold decor tells a luxe story. On the outside, she has a clean navy blue trim close to sea level that draws the eye to her bright white finish.

bernard arnault yacht saint tropez

This stunning yacht can house nearly 20 guests and has space below deck for a crew of 38. The glamorous owner’s suite includes a private deck with access to an intimate sauna experience and even better views.

This mega yacht has no shortage of amusements. The aft deck has an incredible glass-bottom pool while the bow is taken over by a sleek helipad. A fully-equipped gym also resides here along with a pop-up golf tee. Toys in tow include inflatables, a slide, jet skis, and sea bobs.

bernard arnault yacht saint tropez

Last we heard, the billionaire’s not chartering his vessel, but his own personal guests will take interest in some of the unique features. Those curious about the mechanics behind the craft can have a museum-like experience on board with access to a massive display that tracks speed, rpm, and even allows a glimpse at the underwater camera.

Mr. Arnault has connections in the industry, but he remains quite private amidst it all. Not only is he a shareholder in Dior, but he owns the yacht shipyard Royal Van Lent where his yacht was built. His wallflower behavior spurred his desire to trade in his private jet , but thankfully, Symphony encompasses the calm that he continually seeks. It’s doubtful he’ll part ways with her anytime soon.

Inside SYMPHONY: Bernard Arnault's $150 Million Yacht

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Ownership of the symphony, features of the superyacht, additional amenities and specifications.

French businessman, investor, and art collector Bernard Arnault is the chairman and chief executive of the world's largest luxury goods company, LVMH Moët Hennessy – Louis Vuitton. He is currently the third richest person in the world and the richest person in Europe. The French fashion tycoon is one the world's ultimate taste-makers and his ownership of the super yacht Symphony is a proof that he likes the combination of class and beauty which comes with a price. With the billions of wealth he has accumulated over the years, it is not at all surprising that he bought a luxury yacht.

READ NEXT: Supercar Of The Sea: Inside Conor McGregor's $3.6 Million Lamborghini Tecnomar 63 Yacht

Bernard Arnault is the proud owner of the largest Feadship to be ever made according to the Yacht Habor. The CEO of the French multinational luxury goods conglomerate, LVMH, owns the luxury mega yacht which is worth $150 million. It is not surprising that Bernard Arnault would spend so much for a luxury yacht since he has a stunning net worth of $93.5 billion and currently among the top ten billionaires in the world and recognized as the richest man in France.

Arnault first ventured into the yacht industry back in 2008 when he led the acquisition of the British yacht manufacturer called Princess Yachts. Since then LVMH has been working closely with the world leading brand of custom-built luxury mega-yachts, Feadship. It was in 2015 when Arnault decided to buy Symphony for $150 million. The super yacht has about estimated running costs of $10 to 15 million per year and currently not available for charter.

The Superyacht Symphony comes with eight huge staterooms that can fit about sixteen guests and a comfortable berthing that can accommodate about 27 crew members on board the yacht. It also has a private deck for the owner. It is created to accommodate about thirty six passengers. The exteriors of the yacht were designed by the world class renowned company Tim Heywood Design. The interiors on the other hand were aesthetically designed with the décor of the yacht being done by the one and only Zuretti Interior Design. The Symphony has been constructed by the Feadship at the Royal Van Lent Shipyard as a simple Project 808.

The luxury yacht is currently among the most sought-after private vessels . Bernard Arnault’s luxury vehicle at the sea is far more than par excellence. It is powered by a 2,415 hp Wärtsilä engine which comes with a powerful battery bank and about three generator sets. It also houses the string of amenities of the yacht such as the appointed entertainment areas, the al fresco bar area for parties and events and the state-of-the-art kitchen that is serving stunning decadent French delights. It is also a 101-meter luxury yacht that was built at the Royal Van Lent Shipyard. Symphony has a steel hull that has an aluminum superstructure. The yacht has complied with the amended Passenger Yacht Code (PYC).

The luxury yacht is said to be an eco-friendly yacht which uses a hybrid propulsion technology and powered by a 4x MTU 16V4000M73 engine. Due to the advance hybrid propulsion technology, the yacht can store energy in its battery bank that can work together with its diesel engines. The main engine on the other hand works hand in hand with the generators and modern battery bank that were attached to the yacht. It uses about 30% less than the energy that a normal yacht uses. The maximum speed of the yacht is about 21 knots and the cruising speed is about 10 knots. The Symphony was ranked 50 th out of the top 100 superyacht around the world with a 101.5 meter six deck. The structure of the yacht was made by the De Voogt Naval Architects. The floors and ceilings of the yacht are encased in a light wood panel which was complemented by the w ooden furniture with accents of gold and natural tones .

The Symphony contains luxury features such as the 6 meter glass-bottom swimming pool located on the main deck, an outdoor cinema that was aesthetically placed on the bridge deck and a stunning Jacuzzi on the yacht’s sundeck. The owner’s deck is also equipped with two bathrooms, sauna, forward terrace that has a Jacuzzi as well, a private office space, a spacious lounge and dressing rooms. Since the wife of Arnault, Helene Mercier, is a concert pianist, there is also a piano on board. The owner’s deck also has deck area perfect for lounging with a dining table that can accommodate about 20 people. It also has two elevators for passengers to use and one elevator even features a 15-metre interactive video screen which can play video footages upon the request of the guests.

READ NEXT:  Who Will Bernard Arnault Choose to be a Successor of his Billion Dollar Empire?

Sources: Super Yacht Fan , Luxuo , Luxury Launches

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SYMPHONY Yacht – Luxuriant $150 Million Superyacht

SYMPHONY yacht is a 101-metre (333 ft) luxury yacht built by the Dutch shipyard Feadship and delivered to the owner in 2015.

She is currently the largest yacht ever built by Feadship and ranks in 51st place on the list of biggest yachts in the world.

Symphony
101 metres (333ft)
20 in 8 cabins
38 in 16 cabins
Feadship
Tim Heywood
Zuretti Interior Design
2015
21 knots
MTU
3,000 ton
US $150 million
US $10 – 15 million

DJI 0971 5

SYMPHONY yacht interior

The interior of SYMPHONY was developed by Zuretti Interior Design , a French studio specializing in luxury superyachts.

She can accommodate twenty guests in eight cabins as well as a crew of 38 in below-deck cabins.

The large owner’s suite has a private deck with exceptional sea views and even a separate sauna.

The interior of SYMPHONY is somewhat unusual and unlike other luxury yachts. Most of the floors and ceilings are encased in light wood paneling complemented by wooden furniture and elements of gold as well as natural tones.

The yacht has a grand piano, a swimming pool with a waterfall and jets that simulate currents, a cinema, a gym, and a wellness center. There is an onboard steam room and several saunas.

SYMPHONY has two elevators, one of which features a 15-meter interactive video screen that can play video footage at the request of the guests. 

image 43

Specifications

The SYMPHONY yacht has a volume of 3,463 tons and a total length of 101 meters (333 ft). Her beam measures 14.1 meters (46.3 ft) and her draft 4.1 meters (13.5 ft).

She has a steel hull and a large aluminum superstructure.

SYMPHONY yacht is powered by four MTU engines, however, she uses 30% less energy than traditional vessels her size.

Due to advanced hybrid propulsion technology, she is able to store energy in a battery bank that works together with her diesel engines.

The yacht reaches maximum speeds of 21 knots and cruises comfortably at 10 knots.

DJI 0971 5 1

The exterior of SYMPHONY was designed by Tim Heywood , a well-respected name in the industry.

SYMPHONY is a white yacht with dark blue elements close to the waterline, lending her a streamlined appearance.

She is known for carrying a wide variety of water toys, including inflatables, a slide, jet skis, and sea bobs.

Her aft deck includes a pool, and her bow has a large helipad perfect for allowing her owner to arrive and depart comfortably.

image 44

SYMPHONY was acquired by Arnault in 2015 for a price of US$150 million. She has annual running costs of US$10 to 15 million and is not currently available for charter.

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bernard arnault yacht saint tropez

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Home » LifeStyle » Celebrity Homes » Bernard Arnault’s House

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

Last Updated -- January 3rd, 2024

Bernard arnault house

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.

Table of contents

France, bordeaux, french alps, paris, france, beverly hills, california, an island in the bahamas, private jet, bernard arnault’s company, bernard arnault’s family, bernard arnault’s net worth, in conclusion, frequently asked questions (faqs), 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:

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.

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.

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

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.

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

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.

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

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 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.

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.

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.

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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Where is Bernard Arnault living?

Bernard Arnault primarily lives in hin lavish and gorgeous 150-year-old castle/chateaux in northwest Saint-Emilion, Bordeaux, France, where he has been living since 1988.

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How much does Bernard Arnault make a day?

Arnault makes $25.5 million on a daily basis.

Why is Bernard Arnault so rich?

Arnault is the owner of the most valuable luxury brand LMVH which makes him the most successful and rich.

Does Bernard Arnault have a private jet?

Yes, Bernard Arnault owns a private jet, Bombardier Global Express.

Who is the No. 1 richest person in the world?

As of 13th June 2022, Elon Musk is the No. 1 richest person in the world with an approximate net worth of $197 billion

bernard arnault yacht saint tropez

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Luxurylaunches -

LVMH’s Bernard Arnault’s son, Antoine, has bought a sprawling villa worth $19 million in the vibrant heart of Saint-Tropez

bernard arnault yacht saint tropez

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LVMH’s Antoine Arnault bought $19 million Saint-Tropez villa

Arnault_villa

Antoine Arnault purchased a property in late 2022 in an exclusive neighborhood in Saint-Tropez where his billionaire father, Bernard Arnault, also owns a home. 

The property in the so-called Parcs de Saint-Tropez was bought for €17.5 million ($18.8 million), according to real estate filings seen by Bloomberg.

It includes a 350-square-meter (3,767 square foot) main house and about 4,000 square meters (43,000 square feet) of land as well as a swimming pool. The “Les Parcs” area of Saint-Tropez is a gated community, secluded from the touristy town center. The area contains houses that are among the most expensive in the region.

Antoine Arnault declined to comment.

Saint-Tropez became famous in the 1950s for being a hip hangout of celebrities such as actress Brigitte Bardot. Her “ La Madrague ” villa was immortalized in a  song  bearing the same name. More recently, the coastal town has become a favored playground for film stars and wealthy yacht owners who berth their ships nearby.

Antoine Arnault’s property was bought through a special-purpose vehicle for which he’s the managing partner, according to registration documents.

The 46-year-old is in charge of image and communications at LVMH Moet Hennessy Louis Vuitton SE and also oversees Christian Dior SE, the holding company through which the Arnault family controls LVMH.

Bernard Arnault has five children who all work inside the luxury conglomerate. He is Europe’s wealthiest person.

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bernard arnault yacht saint tropez

LVMH’s Antoine Arnault Bought $19 Million Saint-Tropez Villa

(Bloomberg) -- Antoine Arnault purchased a property in late 2022 in an exclusive neighborhood in Saint-Tropez where his billionaire father, Bernard Arnault, also owns a home. 

The property in the so-called Parcs de Saint-Tropez was bought for €17.5 million ($18.8 million), according to real estate filings seen by Bloomberg.

It includes a 350 square meter (3,767 square foot) main house and about 4,000 square meters of land as well as a swimming pool. The “Les Parcs” area of Saint-Tropez is a gated community, secluded from the touristy town center. The area contains houses that are among the most expensive in the region.

Antoine Arnault declined to comment.

Saint-Tropez became famous in the 1950s for being a hip hangout of celebrities such as actress Brigitte Bardot. Her “ La Madrague ” villa was immortalized in a song bearing the same name. More recently, the coastal town has become a favored playground for film stars and wealthy yacht owners who berth their ships nearby.

Antoine Arnault’s property was bought through a special-purpose vehicle for which he’s the managing partner, according to registration documents.

The 46-year-old is in charge of image and communications at LVMH Moet Hennessy Louis Vuitton SE and also oversees Christian Dior SE, the holding company through which the Arnault family controls LVMH.

Bernard Arnault has five children who all work inside the luxury conglomerate. He is Europe’s wealthiest person.

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Antoine Arnault on Feb. 8.

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bernard arnault yacht saint tropez

Inside Bernard Arnault’s luxurious lifestyle: 12-bedroom mansion worth over Rs 1,648 crore & net worth over Rs 15 lakh crore

From multiple luxurious properties to jets and yachts, here’s everything that bernard arnault owns:.

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With a net worth of over 15 lakh crore, Bernard Arnault is one of the wealthiest persons in the world. He is the co-founder, chairman, and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury goods company. After obtaining a degree from the prestigious École Polytechnique in Paris, Bernard Arnault owns nearly 70 brands including Louis Vuitton, Christian Dior, and Givenchy.

In 1971, Bernard Arnault joined his father’s construction firm Ferret-Savinel. The name was later changed to Férinel Inc. In 1979, Bernard Arnault succeeded his father as president of the company.

bernard arnault yacht saint tropez

His journey

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Arnault and Antoine Bernheim, a partner of the French bank Lazard Frères and Co. managed to raise $80 million (Rs 659 crore) in 1984 and acquired Boussac Saint-Frères, a bankrupt textile company that owned Christian Dior among other brands. The journey of LVMH Moët Hennessy began from here.

After working on his skills, Arnault decided to work with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to launch LVMH. Together, they bought and merged various famous brands under a single group. The acquisition of several luxury brands led to Bernard Arnault being nicknamed “the wolf in the cashmere coat“.

 “In the 90s, I had the idea of a luxury group and at the time I was very much criticized for it. I remember people telling me it doesn’t make sense to put together so many brands. And it was a success. And for the last 10 years now, every competitor is trying to imitate, which is very rewarding for us. I think they are not successful, but they try,” Bernard Arnault told CNBC in 2018.

According to Insider, in January 2019, Bernard Arnault worked hard and made $4.3 billion (Rs 35,439 crore) in a single day after LVMH shares surged 6.9 per cent.

With a net worth of 185.8 billion dollars (Rs 15,23,290 crore), Bernard Arnault is one of the richest men in the world, Forbes reported. Here’s a look at everything that contributes to his massive net worth.

Main sources of income – LVMH and various investments

Bernard Arnault is the chairman of LVMH Moet Hennessy Louis Vuitton, the world’s largest maker of luxury goods. He controls about half of LVMH, which had a revenue of $76 billion (Rs 625784 crore) in 2021, Bloomberg reported.

For the unversed, LVMH controls several subsidiaries, each of which manage many famous brands – Christian Dior, TAG Heuer, Bulgari, Fendi, Givenchy, Celine, Sephora, and Tiffany & Co.

That’s not all, Bernard Arnault also owns and controls Groupe Arnault, a principal investment firm. Netflix had received a $30 million (Rs 247 crore) investment from Group Arnault in 1999, Variety reported. He also has stakes in real estate development company Blue Capital, French food chain Carrefour and online retail company Boo. He bought Princess Yachts, one of Britain’s oldest luxury motorboat manufacturers in 2008.

Yachts and jets

After acquiring the luxury Dutch Yacht manufacturing firm Royal Van Lent and British yacht manufacturer Princess Yachts International for over €300 million (Rs 3010800 crore) and €200 million (Rs 2007200 crore), respectively, Bernard Arnault bought a luxury yacht named Symphony , which is among the world’s top 100 superyachts, Lifestyle Asia mentioned. With six decks, the yacht can accommodate 36 passengers. It also has a helicopter pad and has a gross tonnage of nearly 3,000 GT. You’ll find everything luxury on the sailboat –Jacuzzi, a sauna, private office, cinema, golf area and gym. In 2015, he sold Amadeus, a superyacht built in 1969, as per Lifestyle Asia.

Arnault also owns Dassault Falcon 7X. He bought the private jet for $40 million (Rs 329 crore), as per Lifestyle Asia. He previously owned a Bombardier Global Express 6000 and a Bombardier Global 7500.

Extensive property portfolio

He owns some of the most expensive properties around the world. Arnault lives with his family in a mansion worth 200 million dollars (Rs 1648 crore), Magicbricks quoted. Built on 12 acres, the house has 12 bedrooms and bathrooms, a ballroom, a library, and a dining room. It also has a private lake, a wine cellar, tennis court, and underground parking space.

Arnault often travels to Saint-Tropez and stays at his vacation home. According to Business Insider, Saint-Tropez is a 270-acre gated community where homes on an average cost $13 million (Rs 107 crore).

He also has a luxurious property in the French Alps. The property has 34 rooms, a private Chalet, a penthouse pool, Jacuzzi and sauna, as per Magicbricks. The billionaire also owns residential properties worth $96.4 million (Rs 794 crore) in Los Angeles, Beverly Hills, and Hollywood Hills.

LVMH has a few hotels including Cheval Blanc and Belmond Hotel.

As per Lifestyle Asia, Arnault also owns a private island called Indigo Island in the Bahamas. The 135-acre island offers retreats at $300,000 (Rs 247 lakh approx) per week.

Art collection

Arnault loves to collect art –While the valuation of his collection is not known, his collection includes works by Picasso, Yves Klein, Warhol and Henry Moore among others. Arnault has also built the Louis Vuitton Foundation which is dedicated to the creation of contemporary art. Every year, the foundation organises two exhibitions, one of modern art and another of contemporary art.

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The richest man in France, businessman and art collector Bernard Arnault, owns this holiday house, located in the prestigious gated community Les Parcs de Saint-Tropez.

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    The Symphony yacht owned by Bernard Arnault is a stunning 101-meter luxury yacht that was built as Project 808 at the renowned Royal Van Lent Shipyard. The Symphony yacht is a sight to behold, with an exterior designed by Tim Heywood Design and an interior designed by Zuretti Interior Design. At the time of her delivery in 2015, the Symphony ...

  2. Bernard Arnault: The Richest Man in the World owns a ...

    Saint Tropez is home to several properties and businesses owner by Bernard Arnault and LVMH. Arnault has invested in over nine ultra-luxurious properties in both France and the United States; from an illustrious château in Les Parcs de Saint Tropez to a chic Parisian home and at least six properties in Beverly Hills, one purchased for $42 million.

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  8. SYMPHONY Yacht

    The SYMPHONY yacht has a volume of 3,463 tons and a total length of 101 meters (333 ft). Her beam measures 14.1 meters (46.3 ft) and her draft 4.1 meters (13.5 ft). She has a steel hull and a large aluminum superstructure. SYMPHONY yacht is powered by four MTU engines, however, she uses 30% less energy than traditional vessels her size.

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    A post shared by Bombardier (@bombardier_jets) Bernard Arnault reportedly splashed USD40 million (RM170 million) on his private jet, Dassault Falcon 7X. Previously, he owned a Bombardier Global Express 6000. He also owns an ultra-long-range business jet Bombardier Global 7500 which can accommodate up to 19 passengers.

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    The year 2008 marks Arnault's passion for yachts when he first acquired the luxury Dutch yacht building firm Royal Van Lent and famed British yacht manufacturer Princess Yachts International in a consortium for over EUR 300 million (RM 1.5 billion) and EUR 200 million (RM1 billion), respectively.. The luxury yacht named Symphony, owned by Arnault, is among the world's top 100 superyachts ...

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    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 ...

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    Bernard men drive the LVMH Moët Hennessy Louis Vuitton vehicle with 75 of the world leading luxury brands under its umbrella. Among their other outstanding possessions are some stunning properties in classy Saint-Tropez.Antoine Arnault , who is in charge of image and communications at LVMH Moet Hennessy Louis Vuitton SE, followed in his father's footsteps and purchased a property in late 2022.

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    Bernard Arnault's house in St Tropez, France (Google Maps) (#3) St Tropez, France (FR) The richest man in France, businessman and art collector Bernard Arnault, owns this holiday house, located in the prestigious gated community Les Parcs de Saint-Tropez. Residential. By: Alephs. Advertisement.