Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

34. Bernard Arnault, chairman and chief executive officer of LVMH

Bernard Arnault, chairman and chief executive officer of LVMH

Position last year: 37

When you consider that LVMH’s brand portfolio includes Louis Vuitton, Fendi, Berluti, Loewe, Celine, Christian Dior, Givenchy, Kenzo, Donna Karan and Marc Jacobs, it’s fair to say that chairman and chief executive officer Bernard Arnault has a pretty significant influence on the luxury fashion industry.

And as the largest luxury conglomerate, 2015 was a positive year for Arnault as revenues reached €16.7bn (£11.7bn) in the first half of 2015, up 19% from a year earlier. Arnault also happens to be the second richest person in France, with his overall family’s wealth reaching over $36.1bn (£23.9bn) as of October 2015, according to Forbes.

This year also saw some big moves within Arnault’s brand portfolio. Donna Karan announced she was stepping down from her eponymous brand, with the creative reigns handed over to Public School duo Dao-Yi Chow and Maxwell Osborne. October also saw the shock news that Raf Simons, the creative director for womenswear, haute couture and accessories at Christian Dior was leaving after just three and a half years. Credited for breathing new life into the storied fashion house following the scandal surrounding former creative director John Galliano, Simons’ replacement has yet to be announced.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.