Bernard Arnault’s Kids Net Worth: How Rich Are The Billionaire LVMH Founder’s Children?

Amid reports that Bernard Arnault has been auditioning his children over lunches to choose his successor, their fortune is in questions.

In 2021, shares of Bernard Arnault‘s company LVMH grew in value, making him the world’s richest person briefly, even surpassing the wealth of Jeff Bezos and Elon Musk. The executive has remained high on the list of the world’s wealthiest, and in April 2023 is again above all of the competitors in the net worth race.

He led his father’s business following his engineering education, and a few years later convinced his father to change its focus to real estate. He began acquiring luxury goods companies whose assets included Christian Dior.

In 1987, Arnault founded LVMH, the luxury company combining Louis Vuitton and Moët Hennessy. Arnault eventually ousted co-founder Henry Racamier, who had been the Louis Vuitton president. Arnault has been the chairman of the board since 1989.

Aside from his businesses and his busy schedules, he is a father of five children. In April 2023, it was reported that he often meets up with his kids to autdion them in order to choixe from them whom to be his successor. So, who are Bernard Arnault’s kids, and how rich are they?

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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Bernard Arnault has been married twice and has five children from all his marriages.

French businessman best known as the chairman and CEO of the French conglomerate LVMH, Bernard Arnault has been married twice in his whoe life and currently still with his second wife Hélène Mercier whom he married since 1991. Previously, he was married to Anne Dewavrin from 1973 to 1990.

From his marriages, he became a father to five children who some have given him grandchildren already. The names of his kids are Delphine Arnault, Antoine Arnault, Frédéric Arnault, Alexandre Arnault, and Jean Arnault.

Arnault’s grandchildren are Elisa Niel, Maxim Arnault, and Roman Arnault.

Arnault’s five children all work at LVMH. Forbes reports that in July 2022, he proposed a reorganization of his holding company Agache to give them equal stakes. This means all his children are doing well financially but how much are each worth at the moment?

Delphine Arnault – $117 million

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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The eldest of his five children, Delphine, became the head of the empire’s second-largest brand Christian Dior.

Delphine is Louis Vuitton’s deputy managing director, charged with overseeing the label’s entire product development activity.

While Delphine has not reached her father’s levels of financial freedom she still has a respectable £5 million ($6,201,000.00 United States Dollar) net worth of her own, per Daily Mail. Other site pegs her fortune at $117 million.

Antoine Arnault – $500 million

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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Her brother, Antoine, was given the responsibility of managing the holding firm which oversees the family fortune of Arnault and LVMH, according to the outlet.

Antoine is Berluti’s managing director and Loro Piana’s president, as well as being head of image and environment for the luxury giant, per Fashion Network.

Antoine, the second child of billionaire Bernard Arnault has a current net worth of $500 million.

Alexandre Arnault – $500 million

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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Alexandre, who was previously the CEO of German luggage brand Rimowa, was promoted to the position of executive director of products and communications at jewellery brand Tiffany. Alexandre Arnault is working as an executive at Tiffany.

Alexandre is currently worth around $500 million, per Celebrity Net Worth.

Frédéric Arnault – $350 million

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
Frederic Arnault holds the position of the CEO of TAG Heuer
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Frédéric Arnault, Bernard Arnault’s fourth child, previously director of strategy and digital at Swiss watch brand Tag Heuer, was promoted CEO in June 2020.

Frederic, the 4th of five kids of Bernard Arnault has an estimated net worth of $350 million.

Jean Arnault – $50 million

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
Source: GETTY IMAGES

Meanwhile, the youngest of the five children, Jean Arnault, has been handling marketing and product development for the watch department of Louis Vuitton, as a spokesman for the luxury giant’s iconic label has told FashionNetwork.com, confirming a report by US magazine WWD.

Jean Arnault holds a master’s degree in financial mathematics from MIT in Cambridge, Massachusetts, and a master’s degree in mechanical engineering from Imperial College London. Before joining Louis Vuitton, he worked as financial analyst with investment bank Morgan Stanley and did a stint with the McLaren Formula 1 team.

Jean Arnault has an estimated current net worth of $50 million.

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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World’s richest man Bernard Arnault auditions his children over lunches to choose his successor.

Bernard Arnault is said to be meeting his five children once a month over lunch and taking their auditions to decide who is capable of running his luxury empire. The lunch is organised in the private dining room of LVMH Moet Hennessy Louis Vuitton SE’s headquarters.

According to a report published by the Wall Street Journal, the luncheon goes on for 90 minutes and starts with the French billionaire reading the topics, which will be discussed during the meeting, from his iPad. During the private meeting, Arnault discusses the business strategies related to his luxury business empire with his children.

According to the Wall Street Journal, the 74-year-old billionaire then moves around the table and asks for advice on business strategies from his five adult children.

Arnault seeks the opinion of children on specific managers who have been appointed at the company or whether it is the right time for a shake-up at one of the many brands that LVMH owns, stated the report.

In this process, the children give auditions to Arnault so that he can choose who will be his successor eventually and take over the luxury empire. However, no indication has been given till now by the billionaire as to who is likely to be crowned next, as he sticks to his principle of choosing his successor on the basis of pure merit.

The Wall Street Journal’s report stated that the monthly meetings are part of the decades-long plan that aims to train his children who will eventually run the company in the event of his death.

Bernard Arnault's Kids Net Worth: How Rich Are The Billionaire LVMH Founder's Children?
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Who is Bernard Arnault and how did he become rich?

Bernard Arnault (born Bernard Jean Étienne Arnault) is a French business magnate, investor, and art collector. He is the founder, chairman, and chief executive officer of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company.

He led his father’s business following his engineering education, and a few years later convinced his father to change its focus to real estate.

Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1984. He began acquiring luxury goods companies whose assets included Christian Dior.

In 1987, Arnault founded LVMH, the luxury company combining Louis Vuitton and Moët Hennessy.

Arnault eventually ousted co-founder Henry Racamier, who had been the Louis Vuitton president. Arnault has been the chairman of the board since 1989.

Per Forbes, LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.

Arnault’s holding company Agache backs venture capital firm Aglaé Ventures, which has investments in businesses such as Netflix and TikTok parent company ByteDance.

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