Arnault is the chairman and CEO of LVMH Moet Hennessy Louis Vuitton SE, known as LVMH, the world’s largest maker of luxury goods. Chesnot/Getty Images
Arnault, 70, is the third-richest person in the world, having surpassed Warren Buffett in March 2019, Bloomberg reported.
Four of Arnault’s five children work at LVMH brands that include Louis Vuitton, Rimowa, Berluti, and TAG Heuer.
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