Bernard Arnaults Louis Vuitton, , LVMH mother of luxury brands, FACTS

, richest, forbes, trendingnow, lvmh , louisvuitton, luxurylifestyle, billonaire, bernardarnault Did you know, LVMH controls around whopping 60 subsidiaries that each manages a small number of prestigious brands, 75 in total. LVMH, which owns brands such as Louis Vuitton and Dior, is the world s largest luxury goods conglomerate, with revenue reaching about 59 billion in 2019. These include Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, Bulgari, and Tiffany Co. According to Deloitte, it takes the numberone spot, with 33 billion in luxury sales in 2020 and an net profit margin. Bernard Arnault is the world s thirdrichest person, with a net worth of 137 billion. Arnault controls the massive luxury conglomerate LVMH Moët Hennessy Louis Vuitton. In 2021, the total number of employees of the LVMH Group worldwide was 175, 647. Credits: Forbes LVMH Louis Vuitton