French entrepreneur
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He runs LVMH, the conglomerate that controls Louis Vuitton, Dior, Moët, and dozens of the brands that define what luxury means globally. His net worth moves with the stock price of aspiration itself.
Born in Roubaix in 1949 to a devoutly Catholic household, Arnault studied civil engineering at École Polytechnique and graduated in 1971. He started in his father's company, Ferret-Savinel, and steered it toward real estate. The pivot came in 1984 when he acquired the failing textile conglomerate Boussac Saint-Frères for one asset: Christian Dior. He gutted the rest, turned Dior around, and earned the nickname "The Terminator." In 1987 he engineered the merger of Louis Vuitton and Moët Hennessy, creating LVMH, then spent decades acquiring and folding in fashion houses, jewelers, watchmakers, a…
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