The 10 Richest People in the World
Who Are the Top 10 Richest People in the World? 1. Bernard Arnault Age: 73 Residence: Paris CEO and Chair: LVMH ( LVMUY ) Net Worth: $172.9 billion Christian Dior Ownership Stake: 97.5% ($132 billion total) Other Assets: Moelis & Company equity ($25 billion public asset) and $10.3 billion in cash 9 French national Bernard Arnault is the chair and CEO of LVMH, the world’s largest luxury goods company. LVMH brands include Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. 10 Most of Arnault's wealth comes from his massive stake in Christian Dior SE, the holding company that controls 41.2% of LVMH. His shares in Christian Dior SE, plus an additional 6.2% in LVMH, are held through his family-owned holding company, Groupe Familial Arnault. 9 Image courtesy Getty/Christophe Morin. An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, Ferret-Savinel, taking charge of the company in 1971. He converted Ferret-Sav