One of the world’s biggest fashion and luxury lifestyle companies LVMH is owned by Bernard Arnault. He is one of the richest men in the world and his son, Frédéric Arnault, has come to the attention of many people.
He’s the former CEO of Tag Heuer and now LVMH Watches. Frédéric, along with his siblings and father, is a part of the LVMH company which is making revenue in billions. That’s why people want to know more about Frédéric Arnault net worth in 2024. In this article, I’ll discuss its details comprehensively. Let’s start.
Who is Frédéric Arnault?
Frédéric Arnault is the son of a fashion and luxury lifestyle conglomerate, Bernard Arnault. Bernard runs LVMH which is a parent company of many luxury brands including Louis Vuitton.
Frédéric joined the family business a few years ago and became the Head of Connected Technologies at TAG Heuer. Later on, in 2020, he got the position of CEO of the same brand. Arnault helped the company succeed by making some very creative business decisions. Later on, he became the CEO of LVMH Watches and is handling three major watch brands.
- Full Name: Frédéric Bernard Jean Étienne Arnault
- Nationality: France region dependent
- Profession: Businessman
- Height: 6’1” (approximately)
- Works as: The CEO of LVMH Watches
- Parents: Bernard Arnault, Helen Mercier
- Marital Status: Unmarried
- DOB: 7 November, 1995
- Age: 28
- Children: None
- Zodiac Sign: Scorpio
- Ethnicity: French
- Net worth: Combined $187.2 billion with family
Frédéric Arnault Net Worth:
Frédéric Arnault net worth is calculated along with his overall family which is around $187.2 billion according to Forbes which is $28 billion less than Jeff Bezos. The family gets its earnings mostly from its 47% stake in LVMH.
Frédéric’s father started building the company back in the 80s. Along the way, he made some very wise business decisions which helped the company become very successful. One of the most important deals he made was with Christian Dior for $15 million when his company was bankrupt. Later on, LVMH brokered a deal that merged the LV brand with Moët et Chandon along with Hennessy.
Frédéric himself helped LVMH earn a lot of money. During his professional spell at TAG Heuer, he made a deal and launched a playful Super Mario edition smartwatch. It’s a risky decision that seemed to pay off. The company’s sales were $729 million in 2022 which was more than $100 million than the previous year.
Frédéric Arnault’s Personal Life:
Frédéric keeps his personal life very private. Just like his overall net worth, there’s not much information available about him publicly. Frédéric was born on 7 November 1995. He has four other siblings who all have major roles in the family business. He attended École Poly technique and graduated in 2018 with a degree in computational and applied mathematics.
Career:
Before joining the family business, Arnault did internships in major companies including Facebook. He was promoted within the family business twice and is currently the CEO of LVMH Watches. This is a parent brand of three different companies that are:
- TAG Heuer
- Hublot
- Zenith
Relationship:
Frédéric came into the media spotlight even more after dating a K-Pop star Lisa. They started seeing each other back in 2022 and are still together. Lisa is a member of South Korea’s one of the biggest girl music groups Blackpink. This band has a lot of followers making Arnault a lot more famous in the world of showbiz.
Conclusion:
Frédéric Arnault net worth is included in his family’s net worth which is around $187.2 billion. The company runs a luxury fashion conglomerate LVMH which is a parent company of different brands. Arnault handles the watch division of the company.
He’s the CEO of three different companies including TAG Heuer. The personal life of this young businessman is hidden from the media. Still, he’s a sophisticated and talented professional. Frédéric has gained a lot of fame because of his relationship with Blackpink’s Lisa as well.
