Bernard Arnault, a man who owns several fashion brands and can be termed as a king of the fashion industry, overtook Jeff Bezos, CEO of Amazon, to become world’s richest man.
The billionaire investor of French descent is a businessman and art collector. He owns luxury brands like Louis Vuitton and Tiffany & Co. under his company, LVMH. LVMH is home to over 75 luxury brands in six sectors.
The fact that luxury brands suffered the most during the pandemic didn’t hinder Arnault to become the world’s richest man. However, what is his secret to success? What’s the recipe for making millions during a consumer slump?
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We decode in this video!
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This post is tagged under: Bernard Arnault, LV, LVMH, Louis Vuitton, Tiffany, Tiffany & Co., Luxury brands, luxury, fashion, fashion brands, branded, millionaire, billionaire, world’s richest man. Jeff Bezos, Amazon, CEO, investor