Connect with us

Net Worth

Bernard Arnault’s Net Worth in 2020

Published

on

What is Bernard Arnault’s net worth?

Net Worth: $87 Billion
Age: 71
Born: March 5, 1949
Country of Origin: France
Source of Wealth: Entrepreneur
Last Updated: 2020

Bernard Arnault is a French businessman, who has been serving as the chief executive officer of the Louis Vuitton conglomerate since 1989. Being the principal shareholder in the fashion company he has become the wealthiest man in France and is among the richest in the world.

As of 2020, Bernard Arnault’s net worth is about $87 billion.

 

Early Life

Bernard Jean Etienne Arnault was born in Roubaix, France on March 5, 1949. His father, Jean Leon Arnault, owned and operated a civil engineering company.

Bernard went to Maxence Van Der Meersch High School in Roubaix, France and soon after that, he attended École Polytechnique. He graduated in 1971 with a degree in engineering.

 

Career

Bernard became involved in his father’s business after graduating from college, and he planned for the company to expand its horizons and become involved in other more profitable businesses.

His first action within the company was to convince his father to disband the construction division and reap the benefits. After the construction was dissolved, the family began investing in real estate and became quite successful in doing so.

Bernard was quickly moving up the ranks in the company and was the director of development in 1974, CEO in 1977 and surpassed his father by becoming president in 1979.

In 1981 the French Socialists forced the family to relocate to America and even there they continued to flourish by branch out their real estate to the US.

Arnault returned to France in 1983 and saw a golden opportunity to expand into the textile industry when the firm Boussac Saint-Frères was bankrupt. He co-operated with Antoine Bernheim, a managing partner who worked for an investment firm called Lazard Fréres to fund his purchase of Boussac.

Upon receiving the company, Arnault sold most of the shares and kept only the Christian Dior brand and the department store Le Bon Marché. By 1985 he was the CEO of Dior.

In 1987 Arnault was invited to invest in the LVMH company and eventually chose to invest in a joint share with Guinness PLC.

Throughout the next few years, he would continue to invest and gain more of the company. By 1989 he had control of 43.5% of the company’s shares and began to immediately replace the old average employees and replace them with new ones who would exceed his expectations.

On a mission to work with and grow new businesses, he continued to acquire a few other companies including ‘Guerlain,’ ‘Marc Jacobs,’ ‘Sephora’ and a few others.

As of 2020, Bernard Arnault’s net worth is $87 billion.

 

Highlights

Here are some of the best highlights of Bernard Arnault’s career:

  • Became CEO of Ferinel (1977)
  • Invested $15 million in the purchase of Boussac Saint-Frères
  • Became CEO of Dior (1985)
  • Held 43.5% of shared in LVMH (Louis Vitton Moet Hennessey, 1989)

 

Favorite Quotes from Bernard Arnault

“I think in business, you have to learn to be patient. Maybe I’m not very patient myself. But I think that I’ve learned the most is be able to wait for something and get it when it’s the right time.” – Bernard Arnault

“I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide.” – Bernard Arnault

“If you deeply appreciate and love what creative people do and how they think, which is usually in unpredictable and irrational ways, then you can start to understand them. And finally, you can see inside their minds and DNA.” – Bernard Arnault

“It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganized; the production process has to be very rational.” – Bernard Arnault

“A good product can last forever.” – Bernard Arnault

View our larger collection of the best Bernard Arnault quotes!

 

3 Rules for Success from Bernard Arnault

Now that you know all about Bernard Arnault’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Be patient

All things come to those who wait. Be patient because it will happen when the time is right.

 

2. Appreciate creativity

You must be able to appreciate and respect creativity as it is essential to the production of any idea or item. You can’t cheat your way through the creative process if you want to have a valuable and quality outcome.

 

3. The creative process is the key to success

The creative process in any product or idea is the primary source of its success. There is no way around it, and it takes time and careful, creative thinking to produce the best possible outcome.

 

Summary

Bernard Arnault is among the wealthiest men in the world, and his fashion empire has had a tremendous impact on today’s fashion industry.

By creating some of the world’s finest and most luxurious fashion products he has gained a lot of popularity and has millions of clients worldwide.

As of 2020, Bernard Arnault’s net worth is around $87 billion.

What do you think about Bernard Arnault’s net worth? Leave a comment below.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Net Worth

Lil Boosie’s Net Worth in 2020

Published

on

By

 

Introduction 

Lil Boosie or Boosie Badazz or simply Boosie is an American rapper, singer, songwriter, actor, record producer, and an executive from Louisiana.

He began rapping in the 1990s as a member of the hip hop collective Concentration Camp, eventually pursuing a solo career in 2000 with the release of his debut album Youngest of da Camp.

As of 2020, Lil Boosie’s net worth is roughly $800 Thousand dollars. 

 

Early Life 

Torrence Hatch was born on the 14th of November, 1982, in Southside Baton Rouge, Louisiana. His father was a drug addict and struggled with addiction until his death in 1997.

His mother was a schoolteacher. He has seven siblings. His parents nicknamed him Boosie and he was later called Lil Boosie. He was a good basketball player, and his mother hoped that his good sportsmanship would help him get into a good college. 

 

Career

When Boosie turned to rap, his cousin Young Bleed introduced him to rapper C-Loc. He took Boosie under him and mentored him. Boosie joined the ‘Concentration Camp’ group in 1996, at the age of 14. He was the youngest member of the group.

Besides Young Bleed and C-Loc, the group consisted of six other members. Upon joining the group, Boosie debuted on C-Loc’s fifth album, ‘It’s A Gamble’ in 2000, and contributed to Concentration Camp’s third studio album ‘Camp III: Thug Brothas’ in the same year.

In 2007, he released ‘Bad Azz Mixtapes Vol. 2’ with Webbie. Boosie released ‘Da Beginning Mixtape’, and his mixtape in 2008, ‘4th Of July Bash’. In 2009, he released his second major album ‘Superbad: The Return of Boosie Bad Azz’. In 2010, while he was in the prison for drug possession, ‘Unbreakable,’ as a Compilation CD with C-Loc was released.

As of July 2017, Boosie is trying his hand at some serious acting, and has landed a role in the indie boxing film, ‘Glass Jaw’. He plays the role of a street-savvy underground fight club operator. He already has some acting experience as he had starred in some films earlier, like ‘Gangsta Musik’, and ‘Last Dayz and Ghetto Stories: The Movie’, where he played a small-time drug dealer.

As of 2020, Lil Boosie’s net worth is $800 Thousand dollars. 

 

Highlights

Here are some of the best highlights of Lil Boosie’s career:

  • Wipe Me Down (Song, 2006) 
  • Betrayed (Song, 2010) 
  • BooPac (Album, 2017) 

 

Favorite Quotes From Lil Boosie 

“When they got to using my lyrics, I was just thinking, ‘This ain’t fair.’ I thought we had a freedom-of-speech law. Damn, Johnny Cash said he ‘shot a man down in Folsom Prison just to watch him die’ and he ain’t get in trouble. Bob Marley said he ‘shot the sheriff.’ He ain’t get indicted.” – Lil Boosie 

“Jail just made me wiser. It made me smarter. It made me wake up to a lot of stuff. And also it made me a better businessman. I had to learn about the music business. It just made me a better person as far as the way I live.” – Lil Boosie 

“I chew ’em out in front of the other brothers and sisters and they don’t like that. They don’t like to get embarrassed in front of the brothers and sisters… Other than that. If they out of line I beat they ass… And sometimes it falls back on me because I play with my kids a lot.” – Lil Boosie 

“What they having going on today is wrong… Parents going to jail for disciplining the kids? The world has changed. You can’t even whoop your child and send them back to school with a bruise.” – Lil Boosie 

 

3 Powerful Lessons From Lil Boosie  

Now that you know all about Lil Boosie’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Good Things 

If you give a good thing to the world, then over time your karma will be good, and you’ll receive good.

 

2. Watch Out 

Karma bides its time. You will always have to watch out. Karma is unforgiving and always gets payback.

 

3. Be The Bigger Person 

You cannot do harm to someone because someone has done harm to you. You will pay just like they will.

 

Summary 

Lil Boosie is a renowned American rapper. Despite all the ups and downs in his early life, he was determined to make it big because he had the hidden talent of rapping in him. 

The trendsetting rapper has collaborated with many southern hip-hop celebs like Three Six Mafia, Yung Joc, Webbie and Bun B. 

As of 2020, Lill Boosie’s net worth is estimated to be $800 Thousand dollars. 

What do you think about Lil Boosie’s net worth? Leave a comment below. 

Continue Reading

Net Worth

Lil Durk’s Net Worth in 2020

Published

on

By

 

Introduction 

Lil Durk is an American rapper, singer, and songwriter from Chicago. He is the lead member and founder of his own collective and record label, Only the Family.

As of 2020, Lil Durk’s net worth is estimated to be $3 Million dollars. 

 

Early Life 

Durk Derrick Banks was born on the 19th of October 19, 1992, in Chicago. Banks is the son of Dontay Banks and a nurse in Chicago. The name of his mother is not known. He had to shoulder responsibility at a very young age as his father was jailed when he was just 7 years old.

In an interview with a magazine, Lil Durk recalled that there was not even enough food in their home when he was young. The violent neighborhood in which he was brought up had a deep impact on Lil Durk.

 

Career

In the early years of his career, Lil Durk was associated with the Glo Gang label promoted by Chief Keef. But he was never signed into the label. Due to this reason, Lil Durk started to create his own image in the music world.

After the success of his first two singles, Lil Durk released a mixtape called ‘Life Ain’t No Joke’. This mixtape was downloaded 216,000 times on the online mixtape distribution platform DatPiff. Social media platforms played a big role in popularizing ‘Life Ain’t No Joke’.

The year 2015 marked a giant leap in his career with the release of his first album, ‘Remember My Name’. The album is full of songs based on the street violence of Chicago that he experienced in his childhood. The album was a big hit and ranked fourteen on the Billboard 200 list.

The same year, Lil Durk released his sixth mixtape called ‘300 Days, 300 Nights’. A single, ‘My Beyonce’ was released to promote this mixtape. The single featured his love interest Dej Loaf. Critics called this mixtape as a refreshing change from his earlier releases which mostly chronicled drug violence in the neighborhood where he was born. 

His second album, ‘Lil Durk 2X’ was released on July 22, 2016. A single called ‘She Just Wanna’ featuring another rapper ‘Ty Dolla Sign’ was released two months before the release of the album with the objective of creating buzz around his second album. Durk’s second label got a better response than the first one.

As of 2020, Lil Durk’s net worth is $3 Million dollars. 

 

Highlights

Here are some of the best highlights of Lil Durk’s career:

  • Bloodas (Album, 2017) 
  • No Label (Song, 2019) 

 

Favorite Quotes From Lil Durk 

“Stay working. Stay busy. It should be motivation instead of downtime because downtime is like being depressed. It shouldn’t be like that.” – Lil Durk

“I’m a good guy at the end of the day, you know what I’m saying? A lot of people will believe what they see in the media for a long time ago. I’m just growing as an artist and as a person.” – Lil Durk

“It’s important to always put your city on your back no matter who comes from there,” Durk tells me over the phone. “On your end, you just make sure you support your home. Who really supports you and loves you? That’s your hometown.” – Lil Durk 

“To better myself, in the moving situation from Chicago to Atlanta. It’s a better scene, a better vibe. I could focus. And Def Jam, it just wasn’t fitting for me. It wasn’t working for me. No big story behind it; they just didn’t fit me.” – Lil Durk 

“Yeah, it’s where I’m from. It’s important to always put your city on your back no matter who comes from there. On your end, you just make sure you support your home. Who really supports you and loves you? That’s your hometown.” – Lil Durk 

 

3 Lessons From Lil Durk 

Now that you know all about Lil Durk’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Don’t Waste Time 

Don’t waste time on revenge. The people who hurt you will eventually face their own karma.

 

2. Natural Law 

There’s a natural law of karma that vindictive people, who go out of their way to hurt others, will end up broke and alone.

 

3. Connection 

Learn to see. Realize that everything connects to everything else.

 

Summary 

Lil Durk is one of the upcoming American rappers from Chicago. He started showing interest in music from a young age and self-released his early mixtapes through his own OTF label. 

He later signed with the recording label ‘Def Jam Recordings’ and is now rated by analysts as the best rapper to be associated with the prestigious recording label. 

As of 2020, Lil Durk’s net worth is roughly $3 Million dollars. 

What do you think about Lil Durk’s net worth? Leave a comment below. 

Continue Reading

Net Worth

FaZe Rug’s Net Worth in 2020

Published

on

By

 

Introduction 

FaZe Rug is a famous YouTube vlogger from San Diego.

He first came to the notice of viewers when he uploaded some prank videos on YouTube. Soon his videos became very popular with the video titled ‘Cocaine Prank’ being viewed by almost 8.9 million viewers. 

As of 2020, FaZe Rug’s net worth is estimated to be $7 Million dollars. 

 

Early Life 

Brian Awadis was born on the 19th of November, 1996, in the city of San Diego in California. His parents are from Iraq who had earlier immigrated to the United States.

They are sometimes referred to as ‘Mama Rug’ and ‘Papa Rug’. FaZe grew up with his brother Brandon in San Diego like any normal kid and joined college after completing his school education.

 

Career

FaZe Rug shot into prominence when people started viewing his videos on pranks that he played on other people. He had always wanted to have fun as a school kid and share his experiences with others. He started recording his pranks on videos but only when he started to upload them to YouTube did he find the satisfaction of sharing them fully with others.

As he made more and more videos on pranks, ‘call-of-duty’ issues and vlogs, he found that people wanted to see more of them. So he left college in the first year and got down seriously to make videos.

His videos have become very popular because they look very realistic as he uses a lot of skills and techniques in creating them. He has more than 2.30 million followers on Twitter and 4 million followers on Instagram. 

The success of becoming a YouTube star and earning huge money at an early age of twenty years has made Faze Rug an inspiration to all youngsters who want to make it big in their life. His pranks videos are especially popular among all other videos and people love to see him get away with all his mischief.

As of 2020, FaZe Rug’s net worth is $7 Million dollars. 

 

Highlights

Here are some of the best highlights of FaZe Rug’s career:

  • 13.7 Million Subscribers (2019) 
  • Cocaine Prank (YouTube Video, 18 Million Views, 2015) 

 

Favorite Quotes From FaZe Rug 

“I feel like I don’t say this enough, but I’m so grateful for you guys. The past few months have been a little rough for me but your support genuinely gets me through it. Couldn’t have asked for a better position to be in.” – FaZe Rug 

“Yo I legit made a song as a JOKE in like 2 hours and people are really messing with it to me its funny but hey I’m glad some of you like it. It’s called “Goin’ Live” by FaZe Rug if you wanna hear it on Apple Music or Spotify” – FaZe Rug 

“I’ve been eating very unhealthy my whole LIFE. I just hired a personal trainer and I’ve never felt so motivated to change my lifestyle. Fitness & nutrition is #1 in life and I should’ve been preaching this earlier. This is a before, and I will update you throughout the journey.” – FaZe Rug 

“So I been planning this for a while, but I bought my dad a brand new Lamborghini. He didn’t want to accept it unless he and I shared it so I said yes just so he can take it.” – FaZe Rug 

 

3 Powerful Lessons From FaZe Rug 

Now that you know all about FaZe Rug’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Never Accept The Negative Words 

A lot of people will ignore positive words when they are down and accept negative words. Those people never get better.

 

2. Low Self-Esteem 

People who project negativity typically have low self-esteem. They feel bad about themselves, and their negativity is simply a reflection of those feelings.

 

3. Be Happy

Negativity is an addiction to the bleak shadow that lingers around every human form … you can transfigure negativity by turning it toward the light of your soul.

 

Summary 

FaZe Rug first came to the notice of viewers when he uploaded some prank videos on YouTube. Soon his videos became very popular with the video titled ‘Cocaine Prank’ being viewed by almost 8.9 million viewers.

As of 2020, FaZe Rug’s net worth is estimated to be $7 Million dollars.

What do you think about FaZe Rug’s net worth? Leave a comment below. 

Continue Reading

Trending