Inside A Day In The Life Of A Billionaire

have you ever imagined what it's like to be a billionaire let's step into Bernard arno's shoes CEO of muet and C Louis Vuitton commonly referred to as lvmh or Louis Vuitton this is how his typical day is spent a typical day Bernard Arno has been the CEO of the luxury conglomerate lvmh since 1989 he starts his day early waking up at 6:30 a.m. m in his sprawling 17th century Mansion just outside of Paris after a light breakfast accompanied by classical music are no spend an hour reading the news and sending off taxs to family members and brand managers by 8:00 he's settled in at his Paris office on Avenue Montana where he'll remain until 900 in the evening with only occasional short breaks at the office are no review sales reports meets with creative directors and analyzes the latest fashion in beauty trends though he delegates much of the day-to-day management to his Executives he still keeps a close eye on each Brand's performance during his short breaks he unwinds by playing the piano on Saturdays Arno visits lvmh retail stores to check in with employees and customers he believes in maintaining a visible presence and in personally inspecting each detail of his luxury Brands a sprawling Empire Arno built his Empire through his series of shrewd Investments beginning in 1984 when he used his personal wealth to purchase the distressed company vak sfair this acquisition brought fashion house Christian Dior into his portfolio setting the stage for the creation of his luxury conglomerate Louis Vuitton he spent the late 1980s buying up shares of lvmh eventually Ting the chairman and installing himself at the helm under arno's leadership lvma acquired such prestigious Brands as xoni Seline Sephora and Fendi the company Now controls over 75 Brands including champagne maker Don Peron luxury watchmaker T Huer and iconic Cosmetics retailer Sephora recent acquisitions include a $15.8 billion purchase of jewelry icon Tiffany and Company in 2021 lvmh generated over $ 55 billion in Revenue in 2021 cementing its status as the world's largest luxury goods firm a family Empire work May consume arno's days but his family is never far from his thoughts or his side he has five children all deeply involved in running the lvmh brands his daughter deline oversees the flagship Louis Vuitton and Son Antoine manages berluti and Lana even his youngest son Jean just 23 years old works in the watch division of Louis Vuitton Arno enjoys weekend getaways with his wife at their vacation home in glamorous srop family yacht trips aboard his 135 million euro luxury vessel Symphony are another favorite activity the Finer Things in life Arno also takes pride in his worldclass modern art collection decorated with works by pasat warhole Picasso and other icons and of course his closet overflow with Dior and Von barel and accessories the best of everything is always at his fingertips but Simple Pleasures also Delight are no a piano recital an afternoon with his wife or a chat with an employee can make his day as much as the flashiest sports car or yacht at age 73 the billionaire shows no signs of slowing down he still maintains an intense schedule of meetings and events that would exhaust someone half his age though he could comfortably retire at any time it seems arno's greatest luxury is the thrill of the chase identifying new markets and seizing new opportunities to grow his unrivaled Empire of luxury

Channel: TheRichest

Views: 14,270

Keywords: therichest, richest, rich, billionairs staff, travel, day in the life, Moët Hennessy Louis Vuitton, Bernard Arnault, louis V

Id: 4jYPzAdi1PA

Length: 4min 13sec (253 seconds)

Published: Tue Jan 23 2024