French businessman Alexandre Arnault serves as Tiffany & Co.’s executive vice president. Alexandre Arnault is the son of multi billionaire Bernard Arnault.
At Rimowa, Alexandre Arnault served as CEO before. It is said that Arnault was the first to identify the upscale bag company Rimowa as a possible LVMH takeover target. He led Rimowa, which is especially well-known among the famous jet-set, at the young age of 25.
As a result of partnerships with Fendi, Supreme, and Off-Virgil White’s Abloh, the brand significantly advanced LVMH’s digital strategy. In 2017 he was included to the Business of Fashion’s BoF 500 list.
Alexandre Arnault Biography
| Name | Alexandre Arnault |
|---|---|
| Profession | Businessman |
| Country | France |
| Nationality | French |
| Net Worth (2023) | Roughly more than $100 million |
| Age | 31 years old (2024) |
| Height | 6’ 4’’ |
| Marital Status | Married |
| Wife Name | Geraldine Guyot |
| Parents | Bernard Arnault (dad) Hélène Mercier (mom) |
| Siblings | Frédéric Arnault Jean Arnault. . |
| Grandparents | Jean Arnault Marie-Josèphe Savinel |
| Educational Qualification | Graduated |
Alexandre Arnault’s Net Worth
The most recent information on Alexandre Arnault’s estimated net worth, salary, income, cars, and lifestyle has been added below. Let’s see how wealthy Alexandre Arnault was in 2019 and 2020.
Renowned entrepreneur Alexandre Arnault, who is 27 years old, has a net worth of $91 million, according to Wikipedia, Forbes, IMDb, and other online sites. He earned the money being a professional Entrepreneur. His native country is France.
Career
- Alexandre is fluent in French, English, and German. He graduated from Telecom ParisTech and got a master’s in innovation from École Polytechnique. His digital experience has helped the fashion
- Conglomerate launch 24 Sevres, its e-commerce platform.
- Alexandre Arnault was appointed to lead the luxury luggage bag maker Rimowa after LVMH announced that it would acquire an 80% stake in the company in 2017. This move helped Rimowa as it was the last luxury luggage brand left on the market after Samsonite acquired Tumi. The brand influenced LVMH’s digital strategy and collaborations with Supreme, Off-White, and Fendi.
- Alexandre Arnault took over his father’s seat on the board of directors at Carrefour, the French supermarket chain. Finally, last year he became executive vice president of product and communications at Tiffany & Co.
- Alexandre started shaking things up with his contemporary and modern approach. According to the Wall Street Journal, CEO Anthony Ledru described him as 40% analysis and 60% gut feeling, a go-getter that made things happen sooner rather than later. Thanks to him, Jay-Z and Beyoncé agreed to do the “About Love” campaign for the jewelry company, which featured a Tiffany-blue Basquiat painting.
Personal Life
Alexandre Arnault married Géraldine Guyot, a young designer in 2021. The union was first celebrated in Paris and then in Venice. A grand ceremony was held and attended by Roger Federer, Pharrell Williams, the Carters, and Kanye West, who also performed.
- Height
Alexandre Arnault is 6 feet 2 inches (1.88 m) tall, he is more than six feet tall just like his father, Bernard Arnault.
- Education
Talking about formal education, In the year 2013, Alexandre Arnault got enrolled at Télécom Paris and completed his bachelor’s degree major in Ingénierie Informatique (Computer Engineering).
In the year 2016, He joined École Polytechnique where he completed a Master of Science majoring in Innovation in the year 2016.
Alexandre Arnault Wife
Who is Alexandre Arnault married to? Alexandre Arnault ks married to Géraldine Guyot, the founder of the accessories label D’Estree.
Alexandre Arnault’s Impactful Journey at LVMH and Tiffany & Co.
- Career path
Born into the wealthiest family in Europe, Alexandre Arnault pursued his father’s professional and educational paths. After completing his studies at the top engineering school in France, École Polytechnique, he worked in private equity at KKR in New York and in strategic consulting at McKinsey & Company. After joining LVMH in 2015 as an investment manager, he rose to the position of CEO of Rimowa at the age of 24, and he later played a significant part in the acquisition of Tiffany & Co.
- Impact at Tiffany & Co
Alexandre modernized Tiffany & Co.’s advertising tactics and expanded its product line to reposition the company. His term has been distinguished by creative marketing initiatives and partnerships—most notably with Beyoncé—that seek to draw in a younger, more varied clientele and harmonize the brand with contemporary ideals.
- Tiffany & Co.’s historical legacy
After being founded in 1837 as a posh shop, Tiffany & Co. has grown to become a well-known jewelry brand worldwide. Its American heritage includes providing porcelain to the White House and designing the seal for the US $1 bill. At $15.8 billion in 2021, LVMH purchased it, making it the seventh-largest luxury brand in the world.
- Succession in LVMH
Five of Bernard Arnault’s children play important roles at LVMH, including Alexandre. Being the CEO of Dior and the CEO of the family holding company, Christian Dior SE, respectively, his elder siblings Delphine Arnault and Antoine Arnault are probably the most senior members of the family and are therefore the front-runners to oversee LVMH in the future.
Alexandre Arnault’s Role in LVMH’s Legacy
In the broader context of the Arnault family and LVMH, Alexandre’s work at Tiffany & Co. shows his potential as a future leader within the company. However, there has been a lot of conjecture around succession because Alexandre and his siblings are all key positions at LVMH.
Among five children, Alexandre is the middle kid. Important members of the family are his older siblings, Antoine Arnault, CEO of Christian Dior SE, and Delphine Arnault, CEO of Dior. Regarding his younger brothers, Jean Arnault is the Director of Watches at Louis Vuitton, and Frédéric Arnault is the CEO of Tag Heuer. When Bernard Arnault decides it’s time to step down as CEO of the LVMH enterprise, Delphine and Antoine are frequently seen as the most plausible candidates due to their differences in age, seniority, and expertise.
Inside Tiffany & Co.’s remarkable brand turnaround
Before its acquisition by LVMH in 2021, the jeweler was losing its luster. Under Alexandre Arnault, it’s now one of luxury’s brightest stars.
On Fast Company’s list of the World’s 50 Most Innovative Companies of 2023, Tiffany & Co. is ranked No. 10. View the complete list of businesses that are changing cultures and industry.
Fans have been waiting for the music videos for Beyoncé’s Renaissance dance album since it was released in late July. Finally, in October, fans received something close to one: a sequence with Beyoncé dancing at a disco styled like Studio 54, glistening in a minidress covered in gems and a chain link necklace, all to the tune of “Summer Renaissance.” It wasn’t a music video, though. It was a Tiffany & Co. advertisement.
America’s most illustrious luxury brand and its most powerful celebrity have collaborated on a number of remarkably expansive advertisements over the last two years. This past fall, Beyoncé’s “Lose Yourself in Love” campaign received 690 million cumulative views on videos and 4.6 billion impressions. The singer and her husband, Jay-Z, appeared in a fall advertisement featuring a painting by Jean-Michel Basquiat and the jeweler’s well-known and contentious 128.54-carat Tiffany Diamond a year prior.
Alexandre Arnault, the 28-year-old son of Europe’s richest man, is now an executive at Tiffany & Co.
- The 28-year-old Alexandre Arnault, the former CEO of upscale luggage company Rimowa, announced on Instagram on Friday that he is now an executive at Tiffany & Co.
- As the senior vice president of product and communications for the renowned jewelry firm, he will be headquartered in New York.
- In October, Tiffany was purchased by LVMH, the largest luxury goods conglomerate in the world, for $15.8 billion. LVMH controls 74 other premium brands in addition to Rimowa.
- With a $117 billion net worth, Bernard Arnault, the father of Alexandre Arnault, is now the fourth richest person in the world and has led LVMH since 1989.
- Three more offspring of Bernard are in executive roles with LVMH companies, Berluti, Tag Heuer, and Louis Vuitton.
The son of the richest man in Europe, Alexandre Arnault, revealed on Friday that he will be joining Tiffany & Co. as an executive after serving as the CEO of luxury luggage company Rimowa for four years.
A press announcement states that 28-year-old Arnault will serve as senior vice president of product and communications for Tiffany & Co. The wealthy Bernard Arnault, Arnault’s father, is the owner of LVMH, the greatest luxury goods company in the world, and he recently acquired Tiffany & Co. In October 2020, LVMH finalized the purchase of the renowned jewelry brand for $15.8 billion, capping a months-long dispute.
On Friday, Arnault made his career announcement on Instagram, which he regularly uses to promote new Rimowa goods and personal updates like his recent engagement to Geraldine Guyot, the creator of the French accessories business D’Estrëe.
In the statement, Arnault stated, “I am now leaving the reigns of Rimowa to join Tiffany & Co in New York.” “I am honoured to have been part of the Rimowa family.”
The post included a photo carousel of “a few snapshots of our incredible ride together,” as Arnault put it, including Rimowa’s collaborations with artist Alex Israel and streetwear brand Supreme.
“No matter the distance, Rimowa will always be in my heart,” Arnault wrote.
Making improvements in Rimowa
A press announcement from the firm states that Arnault, who is leaving Rimowa as CEO after four years in that role, will continue in his role as non-executive chairman. With the help of hip labels like Supreme and Virgil Abloh’s Off-White, Arnault persuaded his father to buy Rimowa in 2016 and oversaw a contemporary revamp of the 122-year-old German luggage company. Under Arnault’s direction, Rimowa introduced numerous new goods last year, such as backpacks and sunglasses.
Speaking over the phone with Business Insider in November, Arnault stated, “Even before the pandemic, we thought that our products needed to be more part of people’s everyday lives rather than just being at the airport or in the hotel room at the destination.”
Since 1989, Bernard Arnault, his father, has served as the company’s leader. With an estimated net worth of $117 billion, Bernard is by far the richest man in Europe and the fourth richest person in the world, according to Bloomberg’s Billionaires Index. Bernard lost around $30 billion of his net worth in the first few months of the pandemic due to the closure of retail locations and the sharp decline in LVMH’s stock price. However, his empire has subsequently recovered, and as a result, his net worth has increased by $8 billion from before the pandemic.
The family runs the opulent goods empire. Three more Arnault children, besides Alexandre, are in executive positions within LVMH brands. Executive vice president of Louis Vuitton Delphine Arnault is 45 years old. In addition to serving as LVMH’s head of communications, image, and the environment, Antoine Arnault, 43, is the CEO of Berluti. Delphine and Antoine are both members of the LVMH board of directors. Additionally, Tag Heuer’s CEO, Frederic Arnault, is 26 years old. (According to Bloomberg, Bernard’s youngest son Jean is still enrolled in school.)
Hugues Bonnet-Masimbert, a former executive vice president of sales and client operations at Rimowa and a ten-year veteran of Louis Vuitton, will take over as CEO of the company.
“At my side for the past three years, Hugues has been one of the primary artisans behind this success, and I am delighted to see him promoted to this new role,” Arnault stated in a news release.
Anthony Ledru, another veteran of Louis Vuitton, will succeed Alessandro Bogliolo as CEO of Tiffany’s.
Arnault posted a picture of his Tiffany employment badge on Instagram after making his major news, indicating that Friday was his first day at Tiffany & Co. in his new hometown of New York City.
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