Bernard Arnault, the third richest person in the world, is the CEO and Chairman of Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company, which includes nearly 70 renowned fashion and cosmetics brands. Notable names in its portfolio include Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora. In January 2021, LVMH completed the acquisition of the jewelry company Tiffany & Co for $15.8 billion. His wealth amounts to $179.5 billion.