Bernard Arnault, Chairman and CEO of LVMH | The Brave Ones
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- เผยแพร่เมื่อ 27 เม.ย. 2018
- The Brave Ones - In collaboration with Credit Suisse: Bernard Arnault is France’s richest man and the mastermind behind the world’s biggest luxury group, LVMH. But even he had his doubters early on.
Looking for more The Brave Ones content? Listen to our podcast where we find out more about what makes the likes of Bernard Arnault, Tina Brown and Hugh Evans brave: cnb.cx/2PksEwJ
Bernard Arnaut is a great business man. His companies are fantastic and quality. Vancouver people love them and use them. Our housing price is always quite pricey, but Canada, BC, Vancouver is a great city to live in. It is worth to strive for to make money, serve the society, and buy a property for yourself. I have wonderful parents. I dream of better lives for myself and my family. Let's not complaints, but work hard and seek for opportunities!
😅what does that mean?
@theamberheardplaylist6768 OH nevermind. I see what yur saying Miss Heard!
Every family has that one person who will break the family's financial struggle, I hope you become the one 😊
Assets that can make you rich
Bitcoin
Stocks
Real estate
@@thomasdooley3702 You're right, it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Starting early is the best way to getting ahead of build wealth, investing remains the priority
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
His laugh is so french "honh honh honh" 😂
xD indeed
Is so fucking evil, with a touch of french.
Growth for the sake of growth is the ideology of the cancer cell.
Edward Abbey
sheila he’s French
Like a dog
Dead 😂😂😂🤣
'it was a small business. Only a 1000 employees' - ok
he manages a trillion-dollar conglomarate now, so for him 1000 employees is nothing
RIGHTTTT?!!!? Like, in what world do 1,000 employees constitute "a small business"?! But it goes to show you how the ultra-rich think.
yeah hhhh
@@lordoctus its relative
@@lovergurl454 Not a Trillion dollar company but ~$390 Billion but even that a lot.
When Goldman CEO, the biggest fashion editor and one of the greatest designers take time to talk about a person, it speaks volumes
That's cause they all work for him, in one form or the other
@@alimahfooz1651 Exactly, he is not good at guessing the trend, they're accomplices who set the trend, and each gets their share of profit.
@@alimahfooz1651 jj
@jason garcia potty mouth
goldman ceo is a joker, clown. he drinks piss.
The most strategic business man in the world.
Why please explain
@Crimson King please explain me why he is good businessmen ,
He fckd lv in desire and quality, Hermes, I don't even know wtf it is. Hennessy is corny, he just milks brands out just close enough to death, but not so much that it kills them, and moves to milk the next one. A bit like Unilever for fashion. Great business and fortune tho.
@Crimson King thank you so much , internet connection was over that's why I read you message late .
One more doubt please don't you think this is the easy way to get success , even I want to do this type of activity like Jeff , Bernard , mark , Elon . What should I do
He really do look like a old baby tho lol no cap
Behind 'having fun' and the aura of his persona, let's not forget that he built his success with vision, audacity, but also that he manages his business with an exceptional rigor. I don't think one can even fathom the level of rigor that this man is expecting, day in and day out.
Dude literally backstabbed the Vuitton family what do you mean he built the company
@@diablog.9339 I mean he bought the brand that was not doing so great but had a good potential and he grew it to an international level and worldclass leader in the luxury industry. I dont' think I have 'backstabbed' anyone by saying that.
Who's here after he became the richest man in the world?
Me too
Are you going to post this under every one of his interviews?
@@pablom6708 No
@@pablom6708 😅😅
He don’t have respect for anyone
Lvmh look only for a profits
Hermes he don’t have 🤣🤣🤣🤣🤣
The key of his success. First of all he is a very high level ENGINEER (Ecole Polytechnique) with a very hard selection on mathematics not economy. Then he is like an ARCHITECT, better than a businessman with a cursus in business schools.
BUT after that he has a very good intuition, long term vision and prodigious management skills. Luxury is just for him the extension of his intellectual rigor...
@@aryannahar True it's not the only criteria.
You are forgetting that he learn the business and management principles and basics from his family. Add that to a fairly creative and technical mind and the result is usually good.
I have no comment. Picking the lessons
"I had two things when I started... A dream and 1 billion dollars."
@@icervot True, his family is already wealthy, tough many people, with tremendous inherited wealth, don't do as well. To actually get into Ecole Polytechnique, [very hard contest] you need to be a math savvy...so that earns him a lot of respect...Plus he really made interesting business decisions [very strategic] to become EUROPE's Wealthiest man.
2 things essentials in his success : the coaching his entrepreneur father gave him during all his life, even as a child + Polytechnique school training
I would also add his grandmother raising him almost full time for a few years. Macron was also almost raised by his grandmother.
Are you fucking kidding me, he bought for 1€ a french bag manufacturer called Boussac then he got millions of $ in subsidies from the french government. He owes everything to the French tax payers and yet 85% of LVMH revenues are declared in Belgium to avoid paying taxes in France. This man is a shame. He should get stripped away from his french citizenship and stop using France reputation to sell his crap.
No, the school he went through doesn't matter.
huihkjhlhlhh gigkjhkhljl,pm You have no idea what you're talking about, Polytechnique is not a lambda school, I invite you to Google it
Other thing is inheriting a multi-million dollar company.
Small business... "only 1000 peoople"
1000 is definitely considered small business, he wasn't trying to be funny
well, today LVMH is 150 000 employees,... quite a difference ! ;)
small business - second richest man
@@Elicia33 he was talking about his father's business
The fake modesty was distasteful here. Regardless, impressive work and good profile.
Goes to show you how having entrepreneurs in family generations is unbelievable for posterity. It should inspire people more to start businesses and pass them along. Because if it wasn't for Bernard's Grandfather starting the business from an idea, LVMH wouldn't have taken place. Having a father who is a successful entrepreneur puts the family miles and years down the road. Although it was just a construction company, it had a balance sheet and dynamics which could change. Pretty remarkable to be given a business at 25.
What??? It’s hand bags. And luggage.
For crying out loud!
Splurge on food
The boss of bosses... It will take us hours just to find the subsidiaries inside the lvmh group
lol
oh thank God, he's not actually carrying the Boss name
I am glad that Hermes didn’t bend for him! And that’s why they preserve the value and really stay a side from the main stream and hope they will continue to be independent!
Yes what all the other brands should’ve did
I hear “think and grow rich” in every sentence that came out his mouth.
Well this symbolizes why France has the best business schools in the world. The other lesson I will take from him : " he was looking for undervalued companies"...
Arnault is a farmer...
he is simply farming the elete with their own vanity
Bravo
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Yeah! I agree with you sir.
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@@gramswilly3735 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@@mophylarry5924 That's very correct sir!!
And that is why most of them end up losing they money to scammers.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
Learn and get the knowledge first before investing..
@@godwinmath4707 People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way.
He was the world's second richest person (as of February, 2020) before the COVID-19 pandemic.
He was the richest twice.
he’s the third richest one
He was the worlds richest person in February for a couple of days
Now he is richer...
He has gained his 2nd place again let’s see if he goes for #1
13:47 That's what makes him a good leader. Because he's giving young people a chance and bringing joy in being creative to the next generation. :D
Lmao @ Michael Burke sliding at 3:49. It’s quick but it’s funny 🤣
I love that he gives the people that has not been known yet a opportunity to work for is company
And he fired a lot of people too. He doesn't pay all of his taxes. He is a thief!
percentage of possibility of attaining any form of wealth
Fabulous. Thoroughly enjoyed this.
He is called "The Wolf in Cashmere", and now is as rich as Bill Gates.
Now 10B richer
Actually, he's believed to be closer to Buffet and is likely to surpass his wealth in a year or two. Also, I hate that fuckin' asshole !
Hwang jae Bill Gates is richer. Look it up.
@@raphaelfreeman328 buffet is where he is because he gave away 37 billion of his wealth.actually warren Buffet would have been the richest person.warren buffet is a class apart
@@lakshmimondal3808 so does other billionaires who gave their wealth away.
He said on another interview that he doesn't like the word luxury very much because it means useless (or something like that); however, he says here that LV is the number one luxury brand worldwide. I guess he realized that he needs the word luxury to succeed.
You do have to admire this man. He has been successful!
Very impressive. It seems like he is doing everything with ease.
he's the 1% rich living in France
This guy works 24/7
All the accomplishments in the world and CNBC could only give him a stool.
😂😂😂
Imagine what you'll be sitting in if CNBC interviewed YOU......
The simplicity is fashionably classy.
He probably requested for it.
According to a CNBC Official, it was his head which contributed to his success, not his ass.
Very surprisingly this hagiography doesn't describe how family relathionship brought him to buy the boussac company for almost nothing because he promised to maintain employment but ultimately destroy most of it, just to keep the valuable brand name. Also I find it very significative of our materialist society that the most succesfull buisness of our time are the luxe industry and online shopping
Luxury industry mélodie. Pas luxe industry
How sad, you the only person that made sense in the history of comments, we are living in the most materialistic era of all time.
@@Flashyfinancier tf
With 25👏 1000 ppl small business😂 very inspirational & he seems to be down to earth positive impressions 💯quite interesting brilliant ceo👍
Rest In Peace , Karl Lagerfeld 💐
Karl Lagerfeld was An arrogant and cunning person. 🤯 He really thought he was COCO CHANEL. SHAME.
They still earn money with this names who don't live ANYMORE !!! Are People stupid who buy this??
No personality. EASY MONEY.
I Like your style
It is my dream to be on the board of LVMH group. What a great man! Ive always been a fan of him.
Thoroughly enjoyed this episode
Happy you did :)
He seems like a great person! Really good series. Thanks for the good content!
@Bahi hated by unreliable, envious lefties. please, quote one example of job destruction
Une histoire de famille très belle et pas seulement de réussite : c est si rare dans une vie !!
I read in a luxury retail book that he was the first businessman acquired other brands and it became the trend in luxury world
You know if a rich and humble man is so grateful when he is just represented to sit on a stool and he doesn't even care as long as he can share his story, Godbless you.
what's the possibility of a person attaining wealth and fortunes these days?
@@angelachanelhuang1651 very high possibility
A photographer photographed me with Bernard Arnault for WWD France. I was modeling Christian Dior for the editorial and he and I were standing in front of a tall champagne tower of glasses. For the photo, someone poured the champagne so it will trickle down into the glasses. I never saw photo or story because I went back to home to America after Haute Couture season was over. I wish I could get a print of the story in WWD. The photo represented LV aquisition of DIor in approximately 1990.
Awesome, Made my day...
His ability in the construction sector helped him to create floors and layers
Great visionary ! C’est un parcours incroyable !
Une vision sur long terme.
Amazing! Well produced and the best part, no ads 😬
Just complete;y inspired by this mans vision! Unbelievable
creativity and vision are great drivers for his accomplishment and joy something Bernard Arnault clearly achieves, he is a lucky man.
The only video where Jeff doesn't laugh and we do 😂 hahaha
"Merci patron" is a french movie showing the management technics of Bernard Arnaud, that's a must watch in France.
4:18 he was a not a simple civil engineer he was a « polytechnicien » considered as one of the 400 best engineers in France
Nope, an engineer is an engineer, wherever he come from doesn't matter it's the same degree with the same courses.
@@The_Revolutionist actually no.
Engineers in France go through very tough selection. They have to study maths, physics and chemistry (ans a bit of english and literature as well) for two years before passing a huge nationwide exam. After that they are sorted into the various schools according to their results. That's why going to polytechnique is such a great deal, it really means you are among the best minds in the country (taking into account your pure capacity to solve very hard problems and understand very complex maths and physics, but also your general capacity and endurance to work very hard for 2 years in a stressful and competitive environment).
In general, not all engineering degrees are the same and a harvard graduate, although he has the same knowledge as the graduate from an average or bad university, is on average much better and smarter.
In France this elitism is pushed quite far with the engineering school and someone who went to polytechnique is on average much more intelligent and successful than someone from la Sorbonne.
On average of course.
The Supreme Archailect you don’t know how incredible Polytechnique is, it offers its students not only a scientific formation (one of the best in the world) but also a human, military and physical one. I have no regrets choosing this school over any other.
@@jephte7758 Bien joué camarades, j'espère que tu vas réussir la bas
friends of a friend
Your ability to lead and get others to perform astronomically. That’s Vision
I love the luxury items they sell from their company. No-one he is the richest man with the world's largest company.
He genuinely looks like a good guy. God bless his accomplishments!
wow u seem ignorant of the bad side of his power on the environment
What are you talking about? Literally evil smile in the tumb
@@-Ice_Cold- that's a matter of percpetion. To me, his deeds matter more than his looks.
@@nickaoke Are you another billionaire, like him? Why do you defend him? You can't afford his ga$bage
@@-Ice_Cold- I'm not definding anyone, I'm just sharing my perspective and wondering why it bothers you so much. Don't worry about my financial status.
Amazing!
That anecdote about meeting steve jobs and steve telling him “in 50 years they will still be drinking your champagne” is sooooo relatable. It reminds of the conversation i had at the Genius Bar when they refused to fix the screen on my 2 day old iPhone. Its amazing how much we all have in common with your average plutocrat.
This man earned my RESPECT!
Programs like this make me think of Dostoyevsky. Only some people are Napoleons, most are cannon fodder.
Admiravelmente competente 👏👏👏
This is the man that can teach people how to think like rich people and show it in the product. That is one of the key of his success. This man know how to deal with people with his lavish thinking personality. One of the weakness of this man is that he don't look anything beyond richness. So he had earn so much money he won't able spend in his lifetime. But he doesn't want to do anything beyond make more and more money.
This is the real
Life succession
Coincidentally Antoine Arnault's son is named Roman hahaha
Arnault is talented and smart but lets not get carried away. His father was rich as heck and funded him with tens to hundreds of millions of dollars. He bought most of these companies with that money one after another over a long period of time and of course luxury became a huge market. But lets not pretend he did it all himself. He didnt start with nothing. He was a rich boy. That how he is able to own so much of his company now. By contrast Jeff Bezos owns just 15% of Amazon. Imagine if Mark Zuckerberg never had to raise money and he owned as much of Facebook.
Arnault is thus worth more than he deserves and his standing in business history is not one of the very greatest.
You wrote absolute as perfect analysis as possible but to make a bit of correction Jeff Bezos owns more than 50% of Amazon
@@francodesus9519 Bezos has a ~12% stake in Amazon, bro. Check for updates.
And yet people hate Bezod who started with nothing
@@stefankazimirovic7957 Bezos had his parents mortgage their home to give him money to start a company. Would your parents do that? Mine would not. Bezos hired people from day 1 using his parents money to do so. His parents own a piece of Amazon that few people talk about. The hardest part of starting any company is getting started. Bezos had family help. Without his family money I wonder if Amazon might not have happened.
robert krangle You always need some help to start,even if you want to open something like a store you need money.
That's a great vid. Enjoyed watching every min of it.
you should watch elon musk instead, he is a much more inspiring speaker, like he will move you to tears, and hes also much richer and succesful then bernard arnold or whatever his name
Do you know which watch he’s wearing?
1000 people small business
its called humility...lol
On what he wanted to build, this is very small yes
One of the best CEOs in the world 😊❤️
I just want to rob the Louis Vuitton stores. This handbag doesn't come cheap
please give us a thought on purchasing the Ac Milan
When a man like him admires and expresses his good fortune to "have met Steve Jobs", that... *that* my friends is humility beyond comprehension
Not really. Steve Jobs had more creativity and Apple is worth over 6 times what LVMH group is worth
0:38 Dr. Evil
holy smokes, yes!!!
Brilliant!
This man is underrated! The king of elegance and luxury in clothing.
he sent sketch of fist vision 21:13
I thought it to be extremely creative 🤣 🤣
the dude was 100% trolling him
Congrats to him on recently becoming the richest man in the world.
He’s very competitive, that’s why he got in École Polytechnic - the 1st engineering of France.
In collaboration with credit suisse but the show has Goldman Sachs guy talking!
😂👍
WOOOOOOOOOOW ABSOLUTELY BRILLIANT THANK YOU SO MUCH FOR SHARING US 😎🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Karl: people who know him have a very different idea of him than the people who don’t know him
Me: aka rich and poor people
You can do great things with money!
You are given 10,000,000$ , what will you do?
Wrong analysis my friend!
@@pr5pr I'll buy youtube and ban you
I so enjoyed watching this video.
Ice cream : Hi....! My teacher ! Nice to see u again ！I'd like to wish u the best of luck ! !😁
Kate Von D and FENTY are in the group...wouah!!!
Kanye's hero! Haha
Iconic man. I worked for Dior crest luxury group to be a part of
His honour of Louis Vuitton luxury makes items in the world
I know one of his son Jean, I went to his place for his birthday one .. they have a sumptuous house in paris with an indoor swimming pool
is he a nice boy?
"It was a small business, just 1000 people"🤣🤣
I'm glad to know I didn't hear that alone 😅
Compared to his current business which employs 150000 people, it was small. Everything becomes small when you become big.
inspiration
He is my hero and straight Genius 🙏
Une belle réussite à la Française. Une inspiration. Tout simplement beaucoup de respect.
C'est sûr que posséder la moitié des grands médias français pour pouvoir leur faire dire ce qu'on veut inspire le respect
I love his creativity
His not even wearing a LV belt, though
LVMH isn't just LV, though
He wears mainly Dior suits
Il a la passion, l'endurance, la discipline et les objectifs de VEGETA
il paie pas d'impot
@@01BlackCrazy il à raison qui ne le ferait pas
@@mfc4987 n'importe quoi.
@@01BlackCrazy Si, et beaucoup plus que toi!!
Much thanks for posting. It is so wonderful, and obvious that these men are among the most incredibly talented, intelligent, and successful in many areas of the modern-day era. Please ask, if they also know the secret to obtain long-term happiness, true friendship, health, longevity, rejuvenation, the nature of immortality, prolong life, and enjoy the success? *** Besides the many views of modern medical sciences, whether if these men would be able to distinguish the root nature and causes of mortality problems, premature death, cancers, Alzheimer, Parkinson, arthritis, autism, heart attack, lung, prostate complication, diabetes, and others? *** Would they be much opened to learn more for themselves?
Very best wishes, altc, Paideia Academy
Anna was killing it with her out fit. She looked like art!
A real piece of Shit.
@@clincpb8903 😂😂😂
Yes, seen it at the fuel station. How are things deriving?
CNBC needs to stop selling these people as self made. A business with 1000 people handled down by a parent does not qualify anyone as self made. Why can't you just say that he is a great busines man?
Roberto Tessare 😂😂😂 I can’t lie I laughed when he said that. He said - a small business - ONLY 1000 people 😩🤣🤣🤣🤣😂😂😂😂😂😅😅😅
Don't forget he came from a very rich family and he was huge fan of luxury stuff when he was young and he decided to buy little by little every luxury company with his dady's money. the story of his succes is very different from the french media lol. By the way he is the most hated man in france...
Why does France hate? I just wondered
I know nothing about this man, but I like that the richest person in the world cares about art and fashion.
Thanks a lot 🙏
Much support from 🇿🇦 ZAR- Durban Rich Future by DSK Clothing ❤
Since the reportage (2018) he passed to 73 billions dollars of wealth to 100 billions Oo
Ahh finally on the good side of youtube :)
He is now the riches man in the world...
He knows how to create an eco system both in terms of acquisition and vision
I fucking love this man.
It's gonna be epic if he actually buy AC Milan
Do you think he can revive Milan? Is he morally correct?
@@KBJ16 His companies have abolished all their perfumes and uses those bottles to manufacture hand sanitizer, which is given free og charge to every hospital in France. Bernard Arnault has his morals in check 🙌