New Delhi: Mukesh Ambani, the chairman of Reliance Industries and India’s richest man, is known for his massive wealth and influence. But interestingly, a person renting space in one of Ambani’s properties is even wealthier than him! This individual is none other than Bernard Arnault, the CEO and Chairman of LVMH Moët Hennessy Louis Vuitton (LVMH). Who Is Bernard Arnault?Bernard Arnault is a global icon in the luxury goods industry and consistently ranks among the top five richest people in the world.
According to Forbes’ latest report, Arnault and his family have a staggering net worth of $168.8 billion. This makes him far wealthier than Mukesh Ambani, whose net worth stands at $94.
9 billion. Arnault’s business empire, LVMH, owns some of the world’s most prestigious luxury brands, including Louis Vuitton, Tiffany & Co., Dior, Givenchy, TAG Heuer, and Bulgari.
How Did Arnault Become Mukesh Ambani’s Tenant?Although Arnault isn’t a direct tenant of Ambani, his flagship brand Louis Vuitton has leased a large retail space in the Jio World Plaza. This high-end mall, owned by Mukesh Ambani’s Reliance Group, is located in Mumbai’s posh Bandra-Kurla Complex (BKC). Also Read: World’s Highest-Paid Employee: Meet The Indian CEO Earning Rs 48 Crore Per Day – Not Pichai Or Nadella, He Is.
.. Louis Vuitton occupies 7,465 square feet in the mall and pays a hefty monthly rent of Rs 40.
5 lakh or $48,600, according to reports. Jio World PlazaJio World Plaza is rapidly em.
