He Bought Louis Vuitton and turned LVMH into an Empire

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Bernard Arnault is one of the richest men alive. Forbes has named him one of the world's 100 greatest living business minds. And considering that he oversees a portfolio of over 70 brands and nearly 3,900 retail stores, that doesn’t seem to be an understatement.
As you can guess, amassing so many companies doesn’t happen without ruffling some feathers, though. And while Arnault was once a recluse who got his start in engineering and construction, he eventually made his fortune through brutal takeovers in a bid to collect as many luxury consumer brands as possible. Curious to find out how he turned LVMH into the empire that it is today and learn some useful business strategy lessons along the way? Then don’t miss this video!
Sources
Bernard Arnault
www.businessoffashion.com/com...
historydraft.com/story/bernar...
www.forbes.com/sites/luisakro...
theconservativeincomeinvestor...
macro-ops.com/lessons-from-bu...
LVMH
www.lvmh.com
en.wikipedia.org/wiki/LVMH
www.theguardian.com/business/...
neckar.substack.com/p/the-ris...
Criticism
Louis Vuitton's TOXIC Work Environment [video]
• Louis Vuitton's *TOXIC...
“Thanks Boss / Merci patron!” [documentary]
“LVMH boss hits back at 'extreme leftists' over depiction in film” [article]
www.theguardian.com/business/...
Revealed: the Romanian site where Louis Vuitton makes its Italian shoes [article]
www.theguardian.com/business/...

Опубликовано:

10 ноя 2021

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Комментарии : 99

@NotKimiRaikkonen Год назад

People are overlooking that he grew a small family business into that $15 million he used to buy Dior... it's not like his daddy threw him $15m to keep him busy, he helped to earn it.

@mylesp89 Год назад

His dad gave him the CEO position. Ghe video said he took 15mil from the family. It didnt come from him. Not saying he did work hard & had some business sense but he could never had done this without his rich parents.

@MagicBrianTricks Год назад

@@mylesp89 OP doesn't disagree. He's just saying that they were rich because of their son

@kylesmith9466 Год назад

No, his family was already rich…obviously! They gave him $15m and he received another $45m from an already successful company. He never started off with no money…he had money. I respect a person who starts our with absolutely NO MONEY.

@NotKimiRaikkonen Год назад

@@kylesmith9466 well that wasn't an option he was given.

@LwiireLivingstone-lv8dy 8 месяцев назад

You also get it and start a luxury business 😂

@banjopiggottwright1802 6 месяцев назад

His story should be made into a movie, that was an incredible watch, well done to him.

@lisalove6327 Год назад

Master of “prefect timing”

@musaluywa978 Год назад

And he is now the richest man alive, big respect.

@patrickabas1112 Год назад

I just love these stories, soo much information in a nutshell

@Pseudonemonics 2 года назад

Excellent video! With only 4000 views? This deserves so many more. Perhaps the masses are too busy obsessing over luxury brands to notice.

@BusinessStoriesOfficial 2 года назад

Wow, thank you! To be honest, I continue because of comments like this. I'm putting lots of effort in the videos and it feels amazing that they are appreciated. ❤👌

@MegaJuniorJones 2 года назад

The video is too typical. Good graphics but it’s too good that it rubs off like any typical RU-vid video trying to grab views. The narrator voice is also too commercial.

@andaapetri604 Год назад

@nanshak5029 Год назад

Honestly… I love the details !!!

@relaxatic868 Год назад

@@MegaJuniorJones this didn't age well lol

@tycoonestate6379 2 года назад

He was underhanded to the family after they made a deal. He did not create the deal but the family did.

@riverlife2379 Год назад

Residuals is the key here! Give the customer VALUE TASTE QUALITY at a PRICE and back it up You cannot LOSE period.....That customer will always seek YOU out Why? Because OF THE EXPERIENCE OF PURCHASING THAT PRODUCT... THEY WANT MORE AND MORE... CANNOT GET ENOUGH OF THAT EXPERIENCE... jb

@adamupraisegod4869 Год назад

I have been obsessed about this man since this year, especially since last month. He is the second richest man. And he isn't slowing down. Damn is story is amazing and Corny lol. Weldone for this video I learnt more than I did from wiki

@SteveMiguel Год назад

No1 now

@gillesblanchard1699 Год назад

As Margaret Atwood said so eloquently - “You can only be jealous of someone who has something you think you ought to have yourself.”

@baw-mq4bt 2 года назад

Awesome Video by the way!

@jappiejojo777 Год назад

Such an amazing success story. Bravo! Good argument against inheritance tax: some rich sons can scale up midsize businesses into empires!

@nitinchalla782 Год назад

Wow!!! this video is as beautiful as the luxury goods featured in it. SUBSCRIBED

@khesehangchemjong7601 3 месяца назад

“Bought them all” 💯🔥🔥🔥

@jimmy2155 2 года назад

Do you have video amancio ortega zara please?

@sugebzzy2038 Год назад

This is a great video. Can you do one on David De Giglio?

@NKDV76 Год назад

God forbid he ever acquires Dunkin' donuts !

@baw-mq4bt 2 года назад

Can you do a video on Kering founder Francois Pinault? Thanks

@BusinessStoriesOfficial 2 года назад

Hi Baw, thank you so much! That's a great idea, I will write it down.

@baw-mq4bt 2 года назад

@@BusinessStoriesOfficial Thanks, there is not much info on RU-vid about him.

@kingstonstreet3726 2 года назад

I would enjoy it too

@BusinessStoriesOfficial 2 года назад

I just made a Kering video for you and uploaded it yesterday on the channel. Thanks for your suggestion and let me know what you think of it :) Cheers!

@baw-mq4bt 2 года назад

@@BusinessStoriesOfficial Awesome, can’t wait to watch it. Thanks so much

@AcesizOfficial Год назад

Legend

@IwanSurjadi Год назад

Next Rolex and Bugatti...

@TheRakanow Год назад

Rolex perhaps but Bugatti no. His market is luxery goods but consumables. The car market is whole different market relying on more rules that what other product he sells with his other companies

@worldview730 11 месяцев назад

Why is this video on speed dial ? Imagine if we talked to each other like this everyday, like vocals on crack

@LRB04 Год назад

LVMH next acquisition:Reyes-Brinson Design Group?

@meechilee9211 Год назад

You need to make more vids … I watched them all 🥴

@PNortRyan 5 дней назад

Hennessy are Irish as well originally. They eventually settled in France.

@EngineerDJ_Julius Год назад

2nd generation success story

@navajoauckland6003 Год назад

You'd think he could buy better face moisturizer or even a clay face mask LIKE PRONTO

@99yota30 Год назад

Quite brilliant. The more government hands out free money the better he does

@sakibhsubbir5465 2 года назад

Go Ahead. I'm Number 1k Subscriber 🥰

@BusinessStoriesOfficial 2 года назад

Thank you so much, your support means a lot ❤🙌

@harison7778 2 года назад

Do kering!!!

@BusinessStoriesOfficial 2 года назад

I just made a Kering video for you and uploaded it yesterday on the channel. Thanks for your suggestion and let me know what you think of it :) Cheers!

@harison7778 2 года назад

@@BusinessStoriesOfficial thank u!

@patsonlim528 Год назад

Mr Bernard Arnault is the equivalent version of Bill gates for luxury business owners to Tech business owners.

@artistsingerwriterproducer8288 Год назад

B Gates is criminal, He manipulated Computer so , that He can use Them all. After He grounded a foundation, to Day, I m a good Person. What is not Oke. !

@artistsingerwriterproducer8288 Год назад

The have Stolen all by my own created products, Projects, Scripts etc

@artistsingerwriterproducer8288 Год назад

He Played correct, fair without any crime inside?

@EngineerDJ_Julius Год назад

It's only natural that the French are on the top of fashion

@popsyturvee5112 2 года назад

At least you did well with the pronunciation. Some don’t even do the research and are very terrible.

@juvaisahmakkah620 Год назад

😇🙃 🌈rhyming words should come from your feelings. And let your mind dance the sound 🎶 then you got your own tune 🌞 I don't have a look to glance your way but I got your pure 🥰smile ✌thanks guy ..😇

@MegaJuniorJones 2 года назад

The narration voice is too stock commercial.

@fedz7 2 года назад

Hermes is next

@johnfox1991 Год назад

I wouldn't doubt it.

@TheRakanow Год назад

Hermes is already his i thought

@Fayalfadhly147 3 месяца назад

GOD FORBID

@EB-mz4nk Год назад

The only person I want to be like 🤩

@gilgamesh310 Год назад

Why?

@peimannajjari1546 Год назад

Only mistake he did was buying Hublot if he is after high quality brands

@byronguzha Год назад

Off white is next

@cgpark575 Год назад

This is like Bang Si-Hyuk of BTS HYBE soon to be story.

@Alex-io6ky Год назад

quality of Lv bags and accessories are not good quality as they used to be

@InventaChris 7 дней назад

I thought Arnault created LVMH when Moet Hennessy and Louis Vuitton merged..?

@chomihai Год назад

He bought himself in, without money he couldn’t do shit

@juvaisahmakkah620 Год назад

😇🙃some times loving words can open any SKY GATE😊...THANKS ✌😇

@gilgamesh310 Год назад

A lot of people can’t do shit without money.

@jocelynlin6044 Год назад

@@gilgamesh310 exactly， we could all literally be ceos if we had the money to hire smart people

@gilgamesh310 Год назад

@@jocelynlin6044 We'd need to have a very strong work ethic too.

@stefan5730 Год назад

Could have splashed it or become a drug addict or something like that. Instead he indebted himself and spene evrrything on a compnay that was bancrupted...

@anniemiller7729 Год назад

Hard for this type person to enter the kingdom of God.

@jupiter4419 Год назад

Sheesh

@user-fc8ht9ny9i Год назад

👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼

@Stefanhaukur1998 Год назад

👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻

@CelsiusChill Год назад

Mr burns

@desertrose7058 2 года назад

black mail.. worked for him. life is short., some legacy , not.

@trinelarson6655 Год назад

Ferrari

@TheRakanow Год назад

Car market whole different market with more rules than any other products he is in

@YasinNabi Год назад

If you want to get rich, focus on creating value to the market, then the money itself will flow in, Value itself is the symbol of money you are making, a fellow creator ~~~----

@Chairlottenburger Год назад

Super interesting, but the pronunciation of the company names is unpleasant to hear.

@MindWord4U Год назад

I know but my self just loves to spend by my honest mind and hands . I don’t care your dark world. If you don’t like. I take away what you had helped before I came for interview. I believe my own abilities to do another places for living. Don’t use that helps to do anything to my mind . Im enough old to know something move around me .I just know to do what I can be useful person for the life before I die someday in the future. Because no anyone can’t know this .

@valeriehitier9026 Год назад

Ri compris des magouilles ?!

@johanneswehrmann Год назад

Doos.

@atanaskatsarov6941 10 месяцев назад

You lost me when you said he doesn't care about closing operations just like Buffett. You clearly don't know what your talking about

@morockin3554 Год назад

how about we check pronounciation before uploading videos

@worldview730 11 месяцев назад

"He brought" More like a cut throat, back stabbing purchase at best, Greed over greed to his glory.

@basarozbent4740 Год назад

I like the video, there is a good research behind, but some aspects of editing looks unprofessional. I found the white outline of M. Arnauld's photo quite irritating and the flying images look really cheap, unlike Arnauld's empire