Meet Bernard Arnault, the richest person in Europe, who's worth $80 billion and controls LVMH, the world's largest maker of luxury goods

• Bernard Arnault is the richest person in Europe, worth an estimated $80.8 billion.
• The 69-year-old French businessman is chairman and CEO of LVMH, the world's largest maker of luxury goods.
• LVMH brought in nearly $53 billion in revenue in 2018.
• Four of Arnault's five children work at LVMH brands that include Louis Vuitton, Rimowa, Berluti, and TAG Heuer. 

French businessman Bernard Arnault is the richest person in Europe. He's worth an estimated $80.8 billion, according to Bloomberg.

As the chairman and CEO of LVMH Moet Hennessy Louis Vuitton SE, known as LVMH, the world's largest maker of luxury goods, Arnault is also the richest person in the fashion industry. LVMH sells products that include Louis Vuitton handbags, Dom Perignon Champagne, TAG Heuer watches, and Rimowa luxury suitcases.

Arnault is the fourth-richest person in the world after Jeff Bezos, Bill Gates, and Warren Buffett.

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Now, four of Arnault's five children are part of the LVMH empire. His daughter, Delphine, is the executive vice president at Louis Vuitton and apparent heiress to LVMH. 

Arnault, who lives in Paris and has a vacation home on the French Riviera, attended one of the most prestigious engineering schools in France and was named CEO of luxury goods holding company, Financiere Agache, in 1984, according to Bloomberg.

Here's a look at Arnault's career, life, and family.

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Bernard Arnault is the richest person in Europe, worth an estimated $80.8 billion.

Source: Bloomberg

The 69-year-old French businessman is the chairman and CEO of LVMH Moet Hennessy Louis Vuitton SE, known as LVMH, a position he's held since 1989. LVMH is the world's largest maker of luxury goods.

Source: Bloomberg

The business is a family affair; four of Arnault's five children hold positions at LVMH brands.

Source: Bloomberg