LVMH sells products that include Louis Vuitton handbags, Dom Perignon Champagne, TAG Heuer watches, and Rimowa luxury suitcases.
Arnault is the fourth-richest person in the world after Jeff Bezos, Bill Gates, and Warren Buffett.
Arnault owns a 96.5% stake in Christian Dior, which controls 41% of LVMH.
He spends most of his time in Paris, France, he prefers to spend time on his private island when he gets time from work.
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