Bernard Arnault (born March 5, 1949) is a French businessman, art collector and investor, currently the richest man in France and one of the richest in the world. As of September 2021, it is the third richest country in the world with an estimated net worth of US $ 181.4 billion. LVMH Moët Hennessy Louis Vuitton has been President and CEO of the company since 1989 and is a key shareholder in the company. Born the son of a businessman, Arnold was blessed with a sharp business at a young age. After graduating from high school he enrolled in the prestigious Environmental Polytechnic and earned a degree in engineering. During his graduation, the young man joined his father's civil engineering business as an engineer and began planning for the company's growth and expansion. He persuaded his father to move to the real estate sector where his father would grow the centre of their business, and he saw significant success in the field. He eventually began to acquire other companies, becoming the owner of the prestigious Christian Dior brand and the Le Bon March department. When LVMH was formed as a result of a merger between the two companies, LVMH became the first partner by investing millions of people in the shares of the new company. Eventually, he was elected chairman of the board of directors, at which point he led a comprehensive expansion plan and transformed the company into one of the largest luxury groups in the world.