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GOBankingRates
GOBankingRates
Stacy Sare Cohen

Quiet Luxury Lessons From the Richest Billionaire in Fashion — and How They Build Wealth 

turk_stock_photographer / iStock.com


Often photographed in a modest navy blue suit, matching tie and crisp white shirt, you’d never guess Bernard Arnault is the world’s richest man in fashion. He doesn’t flaunt his wealth with flashy outfits, gilted watches and over-the-top branding, unlike Trump’s bold and brash personal branding strategy.

Instead, the chairman and CEO of LVMH Group — Louis Vuitton, Moët & Chandon and Hennessy — has built an empire of 70 fashion houses and brands beginning with the purchase of Christian Dior (Dior), a perfume brand worn by his mother, which he said fascinated him.

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