Bernard Arnault

Bernard Arnault
Bernard Jean Étienne Arnaultis a French business magnate, investor and art collector. He is the chairman and Chief Executive Officer of LVMH since 1989. In March 2015, Forbes estimated his wealth to be $37 billion, making him the 14th richest person in the world and the second richest in France...
NationalityFrench
ProfessionEntrepreneur
Date of Birth5 March 1949
CityRoubaix, France
CountryFrance
Bernard Arnault quotes about
luxury goods margins
Luxury goods are the only area in which it is possible to make luxury margins.
play vienna conductor
From time to time, the Vienna Philharmonic could play without a conductor because they are so good.
jobs engineering creative
When I was working in my first job engineering construction, what I liked the most was working with architects and making buildings that had this creative side coming from the architect and that were making them a big success.
thinking dna appreciate
If you deeply appreciate and love what creative people do and how they think, which is usually in unpredictable and irrational ways, then you can start to understand them. And finally, you can see inside their minds and DNA.
forever lasts products
A good product can last forever.
opposites chinese france
What we do in our group is the opposite of the bad effects of globalization. We produce in Italy and in France and we sell to China, when usually it's the opposite.
numbers buying population
China is clearly going to be the number one economic power and it is already full of potential.. with lots of population and the buying power increasing by the day. .
business creativity successful
I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.
design creative management
It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
distribution ifs
If you control your distribution, you control your image.
inspiration learning thinking
I think in business, you have to learn to be patient. Maybe I'm not very patient myself. But I think that I've learned the most is be able to wait for something and get it when it's the right time.
luxury heritage
In the luxury business, you have to build on heritage.
european growth hasty increases interest rates worries
What worries me ... (is) that they will penalize European growth through hasty increases in interest rates without any justification.
agreement extremely open serious
We will go there with an extremely open mind. If they are really serious . . . we should be able to find an agreement without too much difficulty.