
Secondary & Elite Grandes Écoles: Educated at the Lycée Maxence Van der Meersch in Roubaix and Lycée Faidherbe in Lille. Excelled in mathematics and classical piano. École Polytechnique (1969–1971): Admitted to France's most prestigious engineering grande école, graduating in 1971 with an engineering degree. Joined his father Jean Leon Arnault's civil engineering construction firm, Ferret-Savinel. Convinced his father in 1976 to liquidate the construction division for 40 million francs and pivot into real estate development, renaming the company Férinel. The Boussac Acquisition & Dior (1984): Learned that the bankrupt textile conglomerate Boussac Saint-Frères was being liquidated by the French government. With $15 Million of family capital and $80 Million from Lazard Frères, Arnault acquired Boussac in 1984. Sold off all textile assets, retaining only the crown jewel: couture fashion house Christian Dior. Hostile Takeover of LVMH (1987–1989): Following the 1987 stock market crash, took advantage of fierce executive infighting between Moët Hennessy chief Alain Chevalier and Louis Vuitton president Henri Racamier. Partnered with Guinness to acquire a controlling 43.5% stake, launching a hostile takeover and ousting Racamier in 1989 to become Chairman and CEO.
Does Bernard Arnault deserve the #3 spot on “Top 10 Richest People in the World 2026”?
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#3
top 3 in 2 lists
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#3.3
across 3 lists
Ranked #3 on "Top 10 Richest People in the World 2026". Cast your vote to back or challenge this spot.
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