Topline
French billionaire Bernard Arnault’s net worth rose by more than $19 billion on Wednesday as the shares of his company LVMH surged more than 14% after the luxury goods conglomerate posted a growth in sales in its earnings report for the first time this year, driven by increased Chinese demand.
LVMH Moet Hennessy Chairman and Chief Executive Officer Bernard Arnault’s net worth surged to $181.8 billion.
Getty Images
Key Facts
In early afternoon trading, the luxury conglomerate’s Paris-listed shares rose more than 14.36% to €609.20 ($708.14).
According to CNBC, LVMH is on track to post its best single-day performance in more than two decades.
The stock surge also pushes LVMH’s market cap to €304.89—making it Europe’s second most valuable company by market cap.
LVMH sales in the third quarter of 2025 rose 1% year-over-year to €18.28 billion ($21.25 billion), beating out analyst estimates, the company said in its earnings report.
The company’s “selective retailing” unit posted the strongest growth performance, rising 7%, as the LVMH-owned beauty retailer Sephora saw “sustained growth in revenue.”
The luxury conglomerate’s Wines & Spirits, Perfumes & Cosmetics and Watches & Jewelry reported year-on-year growth of 1%, 2% and 2% respectively.
Forbes Valuation
According to our estimates, LVMH CEO and Chairman Bernard Arnault’s net worth stands at $181.8 billion on Wednesday morning, up more than $19.3 billion in the past 24 hours. This places Arnault seventh on Forbes’ Real Time Billionaires list of the world’s wealthiest people, higher than any other non-American billionaires.
Source: https://www.forbes.com/sites/siladityaray/2025/10/15/bernard-arnaults-fortune-rises-by-19-billion-as-lvmh-stock-surges-after-postive-earnings/
