He Bought Louis Vuitton and turned LVMH into an Empire
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- Опубліковано 10 лис 2021
- Bernard Arnault is one of the richest men alive. Forbes has named him one of the world's 100 greatest living business minds. And considering that he oversees a portfolio of over 70 brands and nearly 3,900 retail stores, that doesn’t seem to be an understatement.
As you can guess, amassing so many companies doesn’t happen without ruffling some feathers, though. And while Arnault was once a recluse who got his start in engineering and construction, he eventually made his fortune through brutal takeovers in a bid to collect as many luxury consumer brands as possible. Curious to find out how he turned LVMH into the empire that it is today and learn some useful business strategy lessons along the way? Then don’t miss this video!
Sources
Bernard Arnault
www.businessoffashion.com/com...
historydraft.com/story/bernar...
www.forbes.com/sites/luisakro...
theconservativeincomeinvestor...
macro-ops.com/lessons-from-bu...
LVMH
www.lvmh.com
en.wikipedia.org/wiki/LVMH
www.theguardian.com/business/...
neckar.substack.com/p/the-ris...
Criticism
Louis Vuitton's TOXIC Work Environment [video]
• Louis Vuitton's *TOXIC...
“Thanks Boss / Merci patron!” [documentary]
“LVMH boss hits back at 'extreme leftists' over depiction in film” [article]
www.theguardian.com/business/...
Revealed: the Romanian site where Louis Vuitton makes its Italian shoes [article]
www.theguardian.com/business/...
His story should be made into a movie, that was an incredible watch, well done to him.
People are overlooking that he grew a small family business into that $15 million he used to buy Dior... it's not like his daddy threw him $15m to keep him busy, he helped to earn it.
His dad gave him the CEO position. Ghe video said he took 15mil from the family. It didnt come from him. Not saying he did work hard & had some business sense but he could never had done this without his rich parents.
@@mylesp89 OP doesn't disagree. He's just saying that they were rich because of their son
No, his family was already rich…obviously! They gave him $15m and he received another $45m from an already successful company. He never started off with no money…he had money. I respect a person who starts our with absolutely NO MONEY.
@@kylesmith9466 well that wasn't an option he was given.
You also get it and start a luxury business 😂
And he is now the richest man alive, big respect.
I just love these stories, soo much information in a nutshell
Excellent video! With only 4000 views? This deserves so many more. Perhaps the masses are too busy obsessing over luxury brands to notice.
Wow, thank you! To be honest, I continue because of comments like this. I'm putting lots of effort in the videos and it feels amazing that they are appreciated. ❤👌
The video is too typical. Good graphics but it’s too good that it rubs off like any typical UA-cam video trying to grab views. The narrator voice is also too commercial.
Uk
Honestly… I love the details !!!
@@MegaJuniorJones this didn't age well lol
Master of “prefect timing”
He was underhanded to the family after they made a deal.
He did not create the deal but the family did.
Residuals is the key here!
Give the customer VALUE TASTE
QUALITY at a PRICE and back it up
You cannot LOSE period.....That customer will always seek YOU out
Why? Because OF THE EXPERIENCE
OF PURCHASING THAT PRODUCT...
THEY WANT MORE AND MORE...
CANNOT GET ENOUGH OF THAT EXPERIENCE...
jb
Such an amazing success story. Bravo!
Good argument against inheritance tax: some rich sons can scale up midsize businesses into empires!
I have been obsessed about this man since this year, especially since last month. He is the second richest man. And he isn't slowing down. Damn is story is amazing and Corny lol. Weldone for this video I learnt more than I did from wiki
No1 now
Wow!!! this video is as beautiful as the luxury goods featured in it. SUBSCRIBED
Awesome Video by the way!
As Margaret Atwood said so eloquently - “You can only be jealous of someone who has something you think you ought to have yourself.”
This is a great video. Can you do one on David De Giglio?
God forbid he ever acquires Dunkin' donuts !
“Bought them all”
💯🔥🔥🔥
Can you do a video on Kering founder Francois Pinault? Thanks
Hi Baw, thank you so much! That's a great idea, I will write it down.
@@BusinessStoriesOfficial Thanks, there is not much info on UA-cam about him.
I would enjoy it too
I just made a Kering video for you and uploaded it yesterday on the channel. Thanks for your suggestion and let me know what you think of it :) Cheers!
@@BusinessStoriesOfficial Awesome, can’t wait to watch it. Thanks so much
Do you have video amancio ortega zara please?
Legend
Why is this video on speed dial ? Imagine if we talked to each other like this everyday, like vocals on crack
LVMH next acquisition:Reyes-Brinson Design Group?
Next Rolex and Bugatti...
Rolex perhaps but Bugatti no. His market is luxery goods but consumables. The car market is whole different market relying on more rules that what other product he sells with his other companies
You need to make more vids … I watched them all 🥴
Quite brilliant. The more government hands out free money the better he does
Hennessy are Irish as well originally. They eventually settled in France.
You'd think he could buy better face moisturizer or even a clay face mask
LIKE PRONTO
2nd generation success story
Go Ahead. I'm Number 1k Subscriber 🥰
Thank you so much, your support means a lot ❤🙌
At least you did well with the pronunciation. Some don’t even do the research and are very terrible.
😇🙃 🌈rhyming words should come from your feelings. And let your mind dance the sound 🎶 then you got your own tune 🌞 I don't have a look to glance your way but I got your pure 🥰smile ✌thanks guy ..😇
Do kering!!!
I just made a Kering video for you and uploaded it yesterday on the channel. Thanks for your suggestion and let me know what you think of it :) Cheers!
@@BusinessStoriesOfficial thank u!
It's only natural that the French are on the top of fashion
He Played correct, fair without any crime inside?
The narration voice is too stock commercial.
Hermes is next
I wouldn't doubt it.
Hermes is already his i thought
GOD FORBID
Mr Bernard Arnault is the equivalent version of Bill gates for luxury business owners to Tech business owners.
B Gates is criminal, He manipulated Computer so , that He can use Them all.
After He grounded a foundation, to Day, I m a good Person.
What is not Oke. !
The have Stolen all by my own created products, Projects, Scripts etc
Only mistake he did was buying Hublot if he is after high quality brands
quality of Lv bags and accessories are not good quality as they used to be
Are there any Louis Vuitton descendants left? His great- grandsons fumbled this one big time.
The only person I want to be like 🤩
Why?
Hi berenend this is rose
This is like Bang Si-Hyuk of BTS HYBE soon to be story.
👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼
👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻
He bought himself in, without money he couldn’t do shit
😇🙃some times loving words can open any SKY GATE😊...THANKS ✌😇
A lot of people can’t do shit without money.
@@gilgamesh310 exactly， we could all literally be ceos if we had the money to hire smart people
@@jocelynlin6044 We'd need to have a very strong work ethic too.
Could have splashed it or become a drug addict or something like that. Instead he indebted himself and spene evrrything on a compnay that was bancrupted...
Off white is next
I thought Arnault created LVMH when Moet Hennessy and Louis Vuitton merged..?
Sheesh
I love you
I know but my self just loves to spend by my honest mind and hands . I don’t care your dark world. If you don’t like. I take away what you had helped before I came for interview. I believe my own abilities to do another places for living. Don’t use that helps to do anything to my mind . Im enough old to know something move around me .I just know to do what I can be useful person for the life before I die someday in the future. Because no anyone can’t know this .
black mail.. worked for him. life is short., some legacy , not.
Hard for this type person to enter the kingdom of God.
I proud if you
Super interesting, but the pronunciation of the company names is unpleasant to hear.
If you want to get rich, focus on creating value to the market, then the money itself will flow in, Value itself is the symbol of money you are making, a fellow creator ~~~----
Ferrari
Car market whole different market with more rules than any other products he is in
Mr burns
😂😂😂
You lost me when you said he doesn't care about closing operations just like Buffett.
You clearly don't know what your talking about
Doos.
Ri compris des magouilles ?!
"He brought" More like a cut throat, back stabbing purchase at best, Greed over greed to his glory.
I like the video, there is a good research behind, but some aspects of editing looks unprofessional. I found the white outline of M. Arnauld's photo quite irritating and the flying images look really cheap, unlike Arnauld's empire
how about we check pronounciation before uploading videos