Bernard Frédéric Born on November 7, 1995, Jean Étienne Arnault, also known as Frédéric Arnault (pronounced [fʁedeʁik aʁno] in French), is a French businessman and heir who has been the CEO of LVMH Watches since 2024. Former CEO of TAG Heuer, appointed in 2020.
Entrepreneur and son of luxury goods tycoon Bernard Arnault who founded LVMH. In the year 2020, he was named CEO of TAG. In April of 2023, Forbes estimated his family was worth $211 billion. On his 11th birthday, his father gave him a TAG Heuer Aquaracer watch. He graduated from École Polytechnique, one of France’s most prestigious universities.
At TAG Heuer, the CEO is Frédéric Arnault. In addition, he is a well-known figure on Instagram and other online media platforms.
The estimated total assets of Frédéric Arnault should be in the range of $200 million to $400 million. Frédéric hasn’t disclosed his primary sources of income. Nevertheless, given that he is the CEO of TAG Heuer, we may acknowledge that his overall wealth is substantial.
Thanks to his hard work, Frédéric Arnault is still able to live a life of luxury. He has branded automobiles, clothing, jewelry, estates, and many other items. There isn’t currently a Wikipedia entry for Frédéric Arnault. We’re hoping he’ll acquire one shortly.
Frédéric Arnault Biography
| Name | Frédéric Arnault |
|---|---|
| Nationality | French |
| Profession | Businessman |
| Country | France |
| Net Worth (2023) | Roughly more than $50 million |
| Age | 28 years old (2024) |
| Height | 6’ 0’’ |
| Marital Status | Unmarried |
| Parents | Bernard Arnault (dad) Hélène Mercier (mom) |
| Siblings | Alexandre Arnault and Jean Arnault |
| Educational Qualification | Graduated |
Early life
Born in Neuilly-sur-Seine, France on November 7, 1995, Arnault is the second youngest child of French-Canadian pianist Hélène Mercier, who was born in 1959, and Bernard Arnault. His younger brother, Jean Arnault (b. 1998), works at Louis Vuitton’s watch division, while his older brother, Alexandre Arnault (b. 1992), is presently the president of Tiffany & Co. in New York City. He is therefore a dual citizen of Canada and France.
Career
- When Frédéric Arnault was 25, he was named CEO of TAG Heuer, making him the second-youngest Arnault to obtain that position after his brother Alexandre. While he puts a lot of focus into connected watches, which now constitutes 15% of all sales, his main focus is e-commerce, which grew 329% in 2020.
- In 2020 Frédéric Arnault entered the spotlight after he partnered with Ryan Gosling after taking the reins of TAG Heuer. In the beginning, the partnership seemed unusual because the actor had no social media presence and had never endorsed a product before. However, Frédéric saw an opportunity and finally signed a two-year deal with Gosling after a year and a half of negotiations.
- It was also thanks to Frédéric Arnault that TAG Heuer got a key partnership with Porsche.
Frédéric Arnault’s net worth
| Frédéric Arnault | Networth |
|---|---|
| Frédéric Arnault Networth 2024 | 6.81 Million |
| Frédéric Arnault Networth 2023 | 6.13 Million |
| Frédéric Arnault Networth 2022 | 5.45 Million |
| Frédéric Arnault Networth 2021 | 4.77 Million |
| Frédéric Arnault Networth 2020 | 4.09 Million |
As of January 9, 2024, Bernard Arnault and his family’s net worth is estimated by Forbes to be USD 188.2 billion, based on the real-time billionaire’s index. With Space X CEO Elon Musk, they are now the second wealthiest billionaires.
The bulk of the wealth originates from LVMH, in which Bernard Arnault holds a 47% share. The venture capital business Aglaé Ventures, which has invested in Netflix and the parent company of TikTok, ByteDance, is led by his holding company Agache.
Although it is difficult to determine Arnault’s pay, his position, watch collection, way of life, and employment all indicate that, like his father and siblings, he is a rising star in the luxury retail industry.
Frédéric Arnault’s education and other work stints
Frédéric Arnault is the fourth child and third son of Bernard Arnault, having been born in 1995. He earned a degree in computational and applied mathematics from École Polytechnique, following in his father’s footsteps. While studying at the prestigious French university, Arnault co-founded a mobile payment business that was sold to Banque Nationale de Paris, popularly known as BNP Paribas.
Arnault interned at McKinsey & Company and Facebook’s AI New York team before joining LVMH. His business acumen has been honed by these illustrious tenure, which have enabled him to lead Tag Heuer to new heights.
Frédéric Arnault’s role in LVMH and other details about the business scion
- His role as the head of LVMH’s watch segment
Frédéric Arnault oversees the operations of three watch brands collectively as the CEO of LVMH Watches: Zenith, Hublot, and TAG Heuer.
Arnault’s ascent to lead LVMH’s watch division makes sense, considering his track record of success as CEO of Tag Heuer in rebranding the brand to appeal to young while maintaining the company’s pedigree and tradition. Hodinkee reports that Julien Tornare, the outgoing CEO of Zenith, who has served in that capacity since 2017, will take over at Tag Heuer.
Reporting positions will also alter as a result of Arnault joining the management team. The CEO of LVMH Watches & Jewelry, Stéphane Bianchi, will be receiving his reports. However, Tornare, Benoit de Clerck, the present CEO of Zenith, and Ricardo Guadalupe, the CEO of Hublot, will report to Arnault.
- Impeccable track record at Tag Heuer
Tag Heuer, guided by Frédéric Arnault, maintained its connection to its horological tradition while taking a new approach. One of the biggest houses under the LVMH umbrella, Frédéric Arnault joined the company in 2017 as head of linked technologies under then-CEO Bianchi. Though the latter’s job was to teach him to take over, disagreements over ideas frequently arose between them.
Arnault received a promotion to head of strategy and officer of digital the following year. He was the second-youngest Arnault to hold the position, behind his brother Alexandre, when he was appointed CEO of the Maison in 2020.
The youthful executive concentrated on appealing to younger people with the legacy label. Numerous wearables with sensors were unveiled, along with a range of Tag Heuer Connected watches that monitored exercise, sleep patterns, heart rate, and other health metrics. The Swiss watchmakers found that this business move was extremely successful, and it also significantly increased both their company and net worth. A Fortune study from 2022 states that connected watches account for about 15% of total sales.
As a next-gen billionaire with a passion for young connection, Arnault blended new-age technology with Swiss craftsmanship that allowed consumers to link their Connect watches with crypto wallets and show their chosen non-fungible tokens (NFTs).
In another strive to make the brand youth-friendly, Arnault roped in Canadian actor Ryan Gosling as a Tag Heuer brand ambassador in 2020. The move seemed quite peculiar at first, as the actor has no social media presence. However, it paid off when the partnership became Gosling’s first endorsement, and in 2023, Tag Heuer watches were featured in the Barbie film.
Fortune states that in the same year, Tag Heuer’s e-commerce grew by 329 per cent, and in the third quarter of 2021, LVMH earned revenues of USD 7.1 billion from its watch and jewellery sector.
Such an impeccable track record added to Frédéric Arnault’s net worth and LVMH’s soaring business, as well as propelled the Swiss label to newer heights.
Frédéric Arnault has a passion for watches
It makes sense that the head of one of the largest watch companies in the world would be an expert on timepieces.
For Arnault, it all began in 1999 when his father bought Tag Heuer. The former was only four at the time. Later, when his son turned eleven, Bernard Arnault gave him a TAG Heuer Aquaracer, which stoked his interest in clocks and the high-end Swiss company.
An indication of Arnault’s wealth and his love of watches, his Instagram feed features a dizzying array of watches he owns as well as snippets of the company’s events where he represents it.
Frédéric Arnault Car
Being the richest person in the world has its own perks. When one has insurmountable money, they are bound to have access to the most expensive, exclusive, and luxurious things. Here is the list of cars owned by Frédéric Arnault:
- Bugatti Chiron | $3.3 million
- Ferrari F12tdf | $1.5 million
- Aston Martin Lagonda Taraf | $1 million
- Rolls-Royce Phantom | $450,000
- Mercedes-Benz S-Class Pullman | $600,000
- Tesla Model S | $100,000
Frédéric Arnault Dating
Frédéric Arnault is gaining massive attention following his ongoing dating rumors with BLACKPINK Lisa
These days, French business baron Bernard Arnault’s son Frederick and Blackpink’s Lisa are being shipped by K-pop enthusiasts. Everything started when videos appeared on TikTok purporting to show that the two had recently gone to lunch in Paris. Although their romance claims have not been verified, this hasn’t stopped people from learning everything they can about Frederick. The majority are interested in Frederic’s work and how he helped keep his father’s enormous wealth.
Trivia and Facts
- Frédéric is quite active on Instagram and has a 25.5K follower count.
- Frédéric is very fond of traveling and is constantly posting pictures of him visiting different places on his Instagram.
- The businessman plays tennis and enjoys water sports.
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