Europe’s richest person who is worth more than 40 Buckingham Palaces. (Image: Getty)
When someone tries to think of something ridiculously expensive in there are a few things that come to mind, but most of them are related to the .
and , the has a lot of things that are made of gold.
However, the most famous is probably in London, which is reportedly worth £3.9 billion if it were ever to be sold. Still though, that is nothing compared to the wealth of .
Bernard Arnault, has a fortune so vast it could buy more than 40 Buckingham Palaces.
The French billionaire, who heads the luxury goods giant LVMH, is worth an estimated £159 billion, according to Forbes. This means his wealth is roughly 40 times greater than the value of Buckingham Palace.
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Bernard Arnault, has a fortune so vast it could buy more than 40 Buckingham Palaces. (Image: Getty)
Arnault, 75, has spent decades building his empire. As the founder and CEO of LVMH, the world’s largest luxury goods company, he oversees iconic brands like Louis Vuitton, Dior, and Moët & Chandon.
The billionaire’s journey began in the 1980s, when he acquired Christian Dior as part of his purchase of the struggling Boussac Saint-Frères conglomerate.
Known for his sharp business instincts, Arnault earned the nickname “The Terminator” after streamlining the company, selling off non-core assets, and transforming Dior into a global powerhouse.
In 1987, Arnault also played an important role in creating LVMH by merging Louis Vuitton and Moët Hennessy.
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The French billionaire, who heads the luxury goods giant LVMH, is worth an estimated £159 billion. (Image: Getty)
Over the years, he has expanded the group through acquisitions, adding brands such as Fendi, Tiffany & Co., and Bulgari to its portfolio.
Arnault’s wealth also funds his passion for art and philanthropy. He has invested heavily in the arts, including the creation of the Fondation Louis Vuitton, a Paris museum showcasing contemporary art.
Beyond luxury goods, the Arnault family has diversified into sports. In 2024, they acquired a controlling stake in Paris FC, with a focus on sustainable development and fan engagement.
Despite controversies, including criticism over layoffs early in his career and an attempt to obtain Belgian citizenship, Arnault remains a towering figure in the business world.