LVMH

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Title: LVMH

Essay Details:

Subject: Business

Author: Margaret M

Date: September 26, 2015

Level: University

Grade: B

Length: 7 / 1805

Essay text:

He is the 7th richest person in the world and France's richest person with an estimated net worth of $26 billion US dollars, according to a Forbes report in March 2007. Arnault is best known for turning LVMH, already a luxury-goods giant when he won control in 1989, into a global empire through acquisitions, savvy marketing, and bold design. Bernard Arnault is a native of Roubaix, and graduated with an engineering degree from the Ecole Polytechnique in 1971. In 2007, Arnault was listed among Time Magazine's 100 Most Influential People in The World. He also Said to be a skilled pianist. At 35, using a combination of family money and loans, he bought Boussac, a bankrupt French textile group that had financed Christian Dior's original fashion house in 1946...

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