How Europe's Richest Man Cornered the World's Dumbest Market скачать в хорошем качестве

How Europe's Richest Man Cornered the World's Dumbest Market

Start creating for free at https://www.odoo.com/r/YlH. Trust me, you’ll find it’s never been easier to share your passions online. ----- Sign up for my FREE newsletter! - https://www.compoundeddaily.com/ ------ #history #business #lvmh Link To Our Other Channel:    / howmoneyworks   Written By: Sam Video Created By: Svibe Multimedia Studio Editor: Cardan Media Gatherer: Andrea Rivas Footage Courtesy of: Getty Images Music Provided By: Epidemic Sound 📩 Business Inquiries ➡️ [email protected] ----- Getting rich is easy: make sure you only sell things that the super-rich buy. This strategy has worked wonders for Bernard Arnault, whose vast luxury empire has kept him in the top 10 of the Forbes rich list for 28 consecutive years. In 2024, he was crowned the richest man on the planet with a net worth of $233 billion. He’s made the number 1 spot a few times before, overtaking the likes of Bezos, Musk, and Zuckerberg. Yet he’s nowhere near a household name. Unless you’re really into luxury, of course, but even then Arnault is a man of mystery. And that’s how the 75-year old luxury kingpin likes it. Scheming in the shadows and playing boardroom executives against each other is precisely how the young engineering student ended up owning 75 brands…and counting. His portfolio includes Louis Vuitton, Hennessy, Marc Jacobs, Sephora, and Dior. Nowadays these names are huge, but there was once a time when they were suffering. Arnault’s talent is seeking out undervalued icons and rebuilding them as money-making machines, which he pits against each other to generate profits. Given how much he understands the power of brands, it makes sense that he’s carved out an image of himself as a savvy businessman, inspiring pioneer, and formidable opponent. Rivals and colleagues alike nicknamed him ‘The Terminator’ for his ability to completely eradicate anyone who stands in his way. His life is like a Hollywood movie, filled with daring business moves and commercial setbacks. If his latest ambition succeeds, he’ll not only have a virtual monopoly of the luxury sector, he’ll remain the richest person in the world for a lot longer because his top clients are everyone else on the Forbes rich list. So who exactly is Bernard Arnault? And how did he emerge from obscurity to become a multi-multi-billionaire?