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.
@@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.
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
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...
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.
@@anna_inu 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
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.
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.
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!
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"...
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.
@@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.
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..
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!
@@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
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
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.
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.
@@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.
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.
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.
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.
@@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.
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?
I love how they talk about the “brilliant” side of his story but not his sneaky side! He stolen LV (Louis Vuitton) from the family. By offering a better deal. The LV family was at a very vulnerable position when their father died. He knew that and took advantage…. How you all think the fashion group starts with LV?? Have you all did your research of how LVMH came to be? BA said: “I love to win!” Even if he buys out the less rich fashion houses….
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!
@@-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.
He started as a millionaire thanks to his father, bought Dior/LV from the French government for nothing due to his "special" relationship with the French finance minister at the time, promised publicly to keep jobs which he did not do (he fired thousands of workers and got rid of most of the companies), and then aggressively bought some other companies with sneaky & shady ways (like his takeover on Hermès). He's certainly an absolute apex predator when it comes to business, but he also incarnates everything that is wrong in modern days capitalism, and despite being filthy rich he is massively avoiding taxes and even tried to get the belgium citizenship to avoid paying some. Oh, and he also controls a lot of the press and is the one who put Macron as president. So yeah, this is just fucked up capitalistic propaganda (nice praise, Lloyd Blankfein) - there's nothing "brave" about him,
I agree with you and the quality of the products has gone down. People are really stupid buying this stuff. I have several old Louis Vuitton items and it’s still beautiful, I don’t think they can say the same about what they buy today.
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.
Simply because this gentleman is (very) wealthy, successful, pro business and working worldwide. If you succeed in France, do avoid to show off. France has a very strong leftist background ....
Well, do you know that some (minority) students are now blocking exams in France.... just so to celebrate May 1968.... Don't they have greater ambition in life than just demonstrating, shouting and pretending to be revolutionaries with 1000€ worth iphones ?
This gentleman ruined art in my country as he ruined life of dozen workers. His profits are made by exploiting people. PS : I support my comrades blocking exams to protest agaisn't privatization of schools
Outrageous wealth is generally despised in France... For France thinkers has stand for humane values, way before the concept of left and right... Michel de Montaigne a well-known French thinkers of the XVI century once had this sentence that summer it all: "Le profit de l'un est le dommage de l'autre" ( One's profit is other's loss)... So generally in French outrageous wealth is despised, yes. But if you follow Montaigne's rationale it's pretty logical... And good luck to argue that it's a bad thing, or even that it's sad thing.
The Louis Vuitton family hates him, and so does the Hermes family. The way Arnault took over those companies (Hermes is still family owned, however LVMH has a large stake in the company) was considered hostile. His conglomerate, LVMH, has targeted family-owned luxury brands and has added them to his portfolio for years. A great business man! Not always revered as such depending on whose perspective.
@@rahhuuuu2321The problem is he diluted his brand status. High net worth individuals are not buying his brands as most of their sales come from their ready to wear lineup. Most of their customers are middle class women across the board.
@@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 🙌
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...
The French have a history of tolerating the rich only when they themselves have enough to eat. Now many people struggle to afford the basic necessities while others are just plain filthy rich. The same in the US under Trump.
@phil phil intéressant comme pensée. Elle a plus sa place dans un asile que dans le débat public cela étant dit. LVMH l'année dernière c'est 1.2 Milliards € d'impots sur l'IS et 13.5k emplois crées dont une participation non négligeable dans les zones difficiles. Alors à moins que vous ayez des arguments, merci de ne pas venir déverser sans raison votre haine de jaloux hypocrite. Ce n'est pas avec une mentalité aussi pitoyable que les choses vont s'arranger pour vous
I find it interesting the people who make a habit of hiding behind dark glasses. Arnault isn’t but Wintour and Lagerfeld are never seen in public without their dark glasses.
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
WOOOOOOOOOOW ABSOLUTELY BRILLIANT THANK YOU SO MUCH FOR SHARING US 😎🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Un vrai capitaliste dans le sens noble du terme qui a beaucoup apporte a la France.Pas reconnu a sa juste valeur malheureusement. Chapeau bas a ce flambeau de l excellence francaise.
C'est clair, il a beaucoup apporté, il ne paye aucun impot en France, il manipule les politiques à son avantage, il a mis des milliers de personnes au chômage dans le nord de la France après qu'il est délocalisé en Europe de l'est mais oui ! UN HEROOOOOO ! qu'on lui fasse une statue en plein Paris nom de dieu !
@@ichita38 Tiens donc ! Enfin un peu de lucidité ! Je désespérais à force de voir les commentaires de Q.I de pelle vanter les mérites de Bernard Arnault. C'est sûr, il ne se vante pas du fait d'avoir nui à beaucoup pour arriver là où il en est aujourd'hui... Mais bon, avec un peu de bon sens, on n'a pas besoin qu'il nous le dise...
Un vrai con puant. Un humain dangereux. Une merde incommensurable. On ne devrait pas juger la valeur/qualité d une personne en fonction de comment il exploite une idéologie toxique comme le capitalisme. Mais plutôt pour ce qu'il apporte au monde, et pas juste a une élite corrompue. Ils devraient tous s intéresser au potlatch pour changer, c est autrement plus noble. C est la vraie classe
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
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
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I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
Now is the best time to purchase and invest in Bitcoin stop procrastinating
I'm new to this Bitcoin trading, how do I get started with the help of a professional?
'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.
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.
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
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."
@@anna_inu 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.
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 🤣🤣🤣🤣🤣
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 😂😂😂🤣
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.
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
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.
Arnault is a farmer...
he is simply farming the elete with their own vanity
Bravo
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
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
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"...
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.
I hear “think and grow rich” in every sentence that came out his mouth.
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!
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
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
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
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.
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
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
Very impressive. It seems like he is doing everything with ease.
he's the 1% rich living in France
This guy works 24/7
It is my dream to be on the board of LVMH group. What a great man! Ive always been a fan of him.
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.
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
"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
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.
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.
With 25👏 1000 ppl small business😂 very inspirational & he seems to be down to earth positive impressions 💯quite interesting brilliant ceo👍
Congrats to him on recently becoming the richest man in the world.
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.
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 😩🤣🤣🤣🤣😂😂😂😂😂😅😅😅
I read in a luxury retail book that he was the first businessman acquired other brands and it became the trend in luxury world
This man earned my RESPECT!
This man is underrated! The king of elegance and luxury in clothing.
Lmao @ Michael Burke sliding at 3:49. It’s quick but it’s funny 🤣
Fabulous. Thoroughly enjoyed this.
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
1000 people small business
its called humility...lol
On what he wanted to build, this is very small yes
Programs like this make me think of Dostoyevsky. Only some people are Napoleons, most are cannon fodder.
Thoroughly enjoyed this episode
Happy you did :)
I love how they talk about the “brilliant” side of his story but not his sneaky side! He stolen LV (Louis Vuitton) from the family. By offering a better deal. The LV family was at a very vulnerable position when their father died. He knew that and took advantage…. How you all think the fashion group starts with LV?? Have you all did your research of how LVMH came to be? BA said: “I love to win!” Even if he buys out the less rich fashion houses….
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
This is the real
Life succession
Coincidentally Antoine Arnault's son is named Roman hahaha
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!
With this mentality Success is inevitable!!!!
He must be such a brave guy. His life has been such an ordeal. I feel for this elitist billionaire.
never seen this courage since Joan of Arc
Jealous much ?
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.
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
One of the best CEOs in the world 😊❤️
I just want to rob the Louis Vuitton stores. This handbag doesn't come cheap
I love the luxury items they sell from their company. No-one he is the richest man with the world's largest company.
Your ability to lead and get others to perform astronomically. That’s Vision
Kanye's hero! Haha
I know nothing about this man, but I like that the richest person in the world cares about art and fashion.
He started as a millionaire thanks to his father, bought Dior/LV from the French government for nothing due to his "special" relationship with the French finance minister at the time, promised publicly to keep jobs which he did not do (he fired thousands of workers and got rid of most of the companies), and then aggressively bought some other companies with sneaky & shady ways (like his takeover on Hermès). He's certainly an absolute apex predator when it comes to business, but he also incarnates everything that is wrong in modern days capitalism, and despite being filthy rich he is massively avoiding taxes and even tried to get the belgium citizenship to avoid paying some. Oh, and he also controls a lot of the press and is the one who put Macron as president. So yeah, this is just fucked up capitalistic propaganda (nice praise, Lloyd Blankfein) - there's nothing "brave" about him,
He made 40 thousand jobs after instead of 10 thousand
He is the greatest businessman in Europe and one the saviours of France economic
Why are you jealous mate, go work harder!
If its so easy, why not you accomplish hundredth of his success?
@@saitamanation2147 Yes it's jealousy, he needs to work harder. 😆
I agree with you and the quality of the products has gone down. People are really stupid buying this stuff. I have several old Louis Vuitton items and it’s still beautiful, I don’t think they can say the same about what they buy today.
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.
He’s very competitive, that’s why he got in École Polytechnic - the 1st engineering of France.
Bernard Arnault's MIND-BLOWING Quotes Will Change Your Life Forever!
Sadly, this successful entrepreneur is despised by many in France...
Simply because this gentleman is (very) wealthy, successful, pro business and working worldwide. If you succeed in France, do avoid to show off. France has a very strong leftist background ....
Well, do you know that some (minority) students are now blocking exams in France.... just so to celebrate May 1968.... Don't they have greater ambition in life than just demonstrating, shouting and pretending to be revolutionaries with 1000€ worth iphones ?
same as germany
This gentleman ruined art in my country as he ruined life of dozen workers. His profits are made by exploiting people.
PS : I support my comrades blocking exams to protest agaisn't privatization of schools
Outrageous wealth is generally despised in France... For France thinkers has stand for humane values, way before the concept of left and right... Michel de Montaigne a well-known French thinkers of the XVI century once had this sentence that summer it all: "Le profit de l'un est le dommage de l'autre" ( One's profit is other's loss)... So generally in French outrageous wealth is despised, yes. But if you follow Montaigne's rationale it's pretty logical... And good luck to argue that it's a bad thing, or even that it's sad thing.
the most epic thumbnail on the internet !
His not even wearing a LV belt, though
LVMH isn't just LV, though
He wears mainly Dior suits
In collaboration with credit suisse but the show has Goldman Sachs guy talking!
😂👍
Amazing! Well produced and the best part, no ads 😬
Bernard has an extremely amazing brain. He also loves his family.
Une histoire de famille très belle et pas seulement de réussite : c est si rare dans une vie !!
Iconic man. I worked for Dior crest luxury group to be a part of
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!!
He said "It was a small business only 1000 people" I think that his way of thinking big brought hm to the top
The Louis Vuitton family hates him, and so does the Hermes family. The way Arnault took over those companies (Hermes is still family owned, however LVMH has a large stake in the company) was considered hostile. His conglomerate, LVMH, has targeted family-owned luxury brands and has added them to his portfolio for years. A great business man! Not always revered as such depending on whose perspective.
I dnt blame them he’s a snake basically stole LV
That’s what business is lmao they are getting mad at the most normal thing.
@@rahhuuuu2321The problem is he diluted his brand status. High net worth individuals are not buying his brands as most of their sales come from their ready to wear lineup. Most of their customers are middle class women across the board.
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
One the smartest businessman but not a kind hearted man.
Kate Von D and FENTY are in the group...wouah!!!
Thanks a lot 🙏
Much support from 🇿🇦 ZAR- Durban Rich Future by DSK Clothing ❤
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
"It was a small business, only 1000 people...." Bernard Arnault
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?
The only video where Jeff doesn't laugh and we do 😂 hahaha
Since the reportage (2018) he passed to 73 billions dollars of wealth to 100 billions Oo
Anna was killing it with her out fit. She looked like art!
A real piece of Shit.
@@clincpb8903 😂😂😂
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 🙌
He is now the riches man in the world...
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
His honour of Louis Vuitton luxury makes items in the world
Just complete;y inspired by this mans vision! Unbelievable
he sent sketch of fist vision 21:13
I thought it to be extremely creative 🤣 🤣
the dude was 100% trolling him
Here in France, a lot of people hate him. Unbelievable how people hate rich and successful people in this country
I don't like him because he's corrupting politicians, not because he's rich. I don't care about how much you earn if don't interfere with politics.
Yes it's mostly from leftist people
The French have a history of tolerating the rich only when they themselves have enough to eat. Now many people struggle to afford the basic necessities while others are just plain filthy rich. The same in the US under Trump.
@phil phil intéressant comme pensée. Elle a plus sa place dans un asile que dans le débat public cela étant dit. LVMH l'année dernière c'est 1.2 Milliards € d'impots sur l'IS et 13.5k emplois crées dont une participation non négligeable dans les zones difficiles. Alors à moins que vous ayez des arguments, merci de ne pas venir déverser sans raison votre haine de jaloux hypocrite. Ce n'est pas avec une mentalité aussi pitoyable que les choses vont s'arranger pour vous
@@user-ym9sx6jt8m je suis d'accord avec vous.
creativity and vision are great drivers for his accomplishment and joy something Bernard Arnault clearly achieves, he is a lucky man.
Ahh finally on the good side of youtube :)
Im Here Man
I find it interesting the people who make a habit of hiding behind dark glasses. Arnault isn’t but Wintour and Lagerfeld are never seen in public without their dark glasses.
completely created from the beginning
Both have wonky like eyes, imagine though if Bezos always wore sunglasses lol
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
I fucking love this man.
WOOOOOOOOOOW ABSOLUTELY BRILLIANT THANK YOU SO MUCH FOR SHARING US 😎🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
0:38 Dr. Evil
holy smokes, yes!!!
$100 billion man but seems very humble
Because he is french 😂
@@nicoark136 french is not that humble. whatchu talking abt
Un vrai capitaliste dans le sens noble du terme qui a beaucoup apporte a la France.Pas reconnu a sa juste valeur malheureusement.
Chapeau bas a ce flambeau de l excellence francaise.
C'est clair, il a beaucoup apporté, il ne paye aucun impot en France, il manipule les politiques à son avantage, il a mis des milliers de personnes au chômage dans le nord de la France après qu'il est délocalisé en Europe de l'est mais oui ! UN HEROOOOOO ! qu'on lui fasse une statue en plein Paris nom de dieu !
@@ichita38 Tiens donc ! Enfin un peu de lucidité ! Je désespérais à force de voir les commentaires de Q.I de pelle vanter les mérites de Bernard Arnault. C'est sûr, il ne se vante pas du fait d'avoir nui à beaucoup pour arriver là où il en est aujourd'hui... Mais bon, avec un peu de bon sens, on n'a pas besoin qu'il nous le dise...
Un vrai con puant. Un humain dangereux. Une merde incommensurable.
On ne devrait pas juger la valeur/qualité d une personne en fonction de comment il exploite une idéologie toxique comme le capitalisme. Mais plutôt pour ce qu'il apporte au monde, et pas juste a une élite corrompue.
Ils devraient tous s intéresser au potlatch pour changer, c est autrement plus noble. C est la vraie classe
@@patienceisalpha quel lavage de cerveau? c'est la vérité.
This man would gifted his company high quality product to any of his relative without spending any penny because he would get it for free.