Connect with us

Entrepreneur Stories

Bernard Arnault Unknown Facts

Published

on

Bernard Arnault Unknown Facts,Startup Stories,Interesting Facts You Probably Didn't Know About Bernard Arnault,Bernard Arnault Biography,Bernard Arnault Latest News,LVMH CEO Bernard Arnault,The Facts and Figures on LVMH,Bernard Arnault Becomes The Fourth Richest Man In The World

With a net worth of $ 89.7 billion as of June 2019, the luxury giant Bernard Jean Étienne Arnault is the richest man of Europe and currently the fourth richest in the world.  He chairs and runs LVMH, the world’s largest luxury goods company.

Bernard Arnault is also popularly known as the “Pope Of Fashion.”

Here are some unknown facts about him.

1) Bernard Arnault, the owner of the luxury empire LVMH, first realised the value of a brand at the age of 21 in the U.S.A., when a taxi driver he hired identified France with nothing else but Christian Dior.

2) In 2008, he expanded his empire by purchasing Princess Yachts, one of Britain’s leading motor boat companies.  He followed it up with the purchase of Royal Van Lent in the same year.

3) Bernard Arnault is not only the owner of LVMH, but also the proud owner of a private island.  His private island is called Indigo Island and is worth $ 35 million. Spread over an area of 133 acres, this island has a number of hilltop villas, beaches and tennis courts.  Arnault love tennis and is often seen playing the sport to keep himself fit. His favourite tennis player is Roger Federer.

4) Bernard Arnault married Anne Dewaverin in 1973. Their marriage lasted for seventeen years after which they went their separate ways in 1990. Arnault remarried Hélène Mercier in 1991. Arnault has 5 children from his two marriages.

5)  Arnault is a trained pianist and is known to play piano in his free time.  In fact, Arnaults’s second wife is also a Canadian concert-piano player.

6) In the year 2007, Bernard Arnault was awarded the title of Commander of the French Legion Of Honour. This award has five rankings of which Commander is the third.

7) Arnault was honoured with the title of Knight Commander of the Most Excellent Order of the British Empire in the year 2012.  He is allowed to use KBE after his initials because of this.

8) Bernard Arnault’s autobiography, titled The Creative Passion, is one among the bestselling books of France. This book highlights his personal life and his take on money and success.  

9) For charity, Arnault does not donate sums of money, instead he believes in offering people what they actually need. He is known to supply violins to talented musicians and also helps young creative minds by encouraging them to pursue their dreams.  

10) Arnault is a noted art collector and as a result, built a $ 135 million Louis Vuitton Foundation museum near Paris.  He also started the “LVMH Young Fashion Designer” as a competition for students.

With his hard work and perseverance, Arnault managed to amass a huge luxury empire with more than 70 luxury brands under LVMH.

Comment and let us know which of these facts impressed you the most.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Tesla Secures Mumbai Facility as Key Step in India Market Entry

Published

on

Tesla StartupStories

Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

Continue Reading

Entrepreneur Stories

Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

Published

on

Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

Continue Reading

Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

Published

on

Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

Continue Reading
Advertisement

Recent Posts

Advertisement