Nicholas Kamm/Getty Images
- Bernard Arnault is the world's richest man. He has a net worth of $221 billion, per Bloomberg.
- He controls the massive luxury conglomerate LVMH, and his children all hold roles in the business.
- On Thursday, two of his sons joined LVMH's board. Meaning that four out of five of his children now sit on the board.
No name is perhaps more synonymous with the world of luxury goods than Bernard Arnault.