Alex Brendemühl

Bernard Arnault Net Worth and Salary: Bernard Arnault is a French billionaire who has a net worth of $179 billion dollars. His net worth makes him one of the richest people in the world behind people like Jeff Bezos and Bill Gates. He is the chairman and chief executive of the world’s largest luxury goods company, LVMH. Early Life: Bernard Jean Étienne Arnault was born on March 5, 1949, in Roubaix, France. His father, Jean Léon Arnault, was a manufacturer and a graduate of École Centrale Paris. His mother, Marie-Josèphe Savinel, was the daughter of Étienne Savinel, who owned the civil engineering company Ferret-Savinel. In 1950, Savinel passed on the management of Ferret-Savinel to his son-in-law Jean Léon Arnault (Bernard’s father), and later gave him ownership of the company as well. Bernard graduated from France’s top engineering school, the École Polytechnique, in 1971. Career: Following his graduation in 1971, Arnault began working at his father’s company, Ferret-Savinel (which was previously owned by his maternal grandfather). He became the company’s president in 1978, and continued in that position until 1984. While with Ferret-Savinel, he helped steer the company away from construction and increasingly focused on real estate, which would turn out to be a successful business move. Then, in 1984, he acquired the luxury goods company Financiere Agache, with the help of Antoine Bernheim. He became CEO of Financiere Agache, and then also took over the textile company Boussac Saint-Freres. Boussac owned many brands and stores, including the luxury brand Christian Dior and the department store Le Bon Marche, and Arnault sold all the Boussac asset’s except those two. In 1987 LVMH, a collective of luxury companies that includes Christian Dior was started, and Arnault found himself more successful than ever thanks to his shrewd business sense. The conglomerate was originally formed when the luxury fashion house Louis Vuitton merged with Moët Henessy in 1987. In July 1988, he contributed $1.5 billion and formed a holding company with Guinness to capture 24% of LVMH’s shares. Rumors began circulating that the Louis Vuitton group was going to try to buy up LVMH stock to form a “blocking minority”, so to preemptively counter them Arnault spent another $600 million on 13.5% of LVMH shares. This move made him the largest LVMH shareholder. He wasn’t done though, and in January 1989 he spent even more money, this time $500 million, to buy more shares. By then, he controlled a total of 43.5% of LVMH’s shares, as well as 35% of its voting rights. Using his control, he blocked the dismantlement of the LVMH group, and has since led the conglomerate through a transformation that has positioned it as one of the largest leading luxury groups around the world. Under Arnault, LVMH underwent massive growth. In eleven years, not only did sales and profit rise by a factor of 5, the company’s market value also multiplied by 15. Although the conglomerate owns a large number of brands (75 total as of June 2020), Arnault has continued to promote an approach that decentralizes the brands, which helps them to be viewed as independent brands and firms with their own histories and stories. Some of the other brands under LVMH include Céline (acquired in 1988); Berluti (in 1993); Kenzo (in 1993); Guerlain (in 1994); Loewe (in 1996); Marc Jacobs (in 1997); Sephora (in 1997); Thomas Pink (in 1999); Emilio Pucci (in 2000); and Fendi (in 2001). Other Investments: Besides LVMH, Arnault has his fingers in a lot of other pies. Between 1998 and 2001, through his holding company Europatweb he invested in several web companies, including Boo.com, Libertysurg, and Zebank. Through his investment firm Groupe Arnault he invested in Netflix in 1999. It was announced in 2007 that Arnault, along with the California property firm Colony Capital, owns 10.69% of Carrefour. Carrefour is France’s largest supermarket retailer, and the second-largest food distributor in the world. Additionally, he has involved himself in the yacht business. In 2008, he spent €253 million euros to buy Princess Yachts. Then, he gained control of Royal van Lent for nearly the same amount of money. Art Collection: Arnault isn’t just all business, though – he is known for his keen interest in art collecting for instance. Through LVMH, Arnault has sponsored artistic exhibitions in France featuring such globally renowned artists as abstract painter Pablo Picasso and Pop Art pioneer Andy Warhol. Personal Life: In 1973, Arnault married Anne Dewavrin; they separated in 1990. Together, they share two children. In 1990, he married Canadian concert pianist Hélène Mercier. They have three children together. In 2019, following the devastating fire that damaged the historic Notre-Dame Cathedral in Paris, France, Arnault and his family pledged €200 million euros to help with repair and restoration efforts. Bernard Arnault Net Worth Details: Arnault made most of his fortune from Christian Dior, which his family holds a 73 percent stake in. Christian Dior is a 41 percent owner in the world’s largest luxury goods company, LVMH, which the Arnault family owns a 5.7 percent direct stake in. He also owns 8.4 percent of Hermes and shares in Carrefour. In 2009 he sold his stake in the winery Cheval Blanc to LVMH for 238 million euros. LVMH had revenue of $41.6 billion in 2016. In June of 2019 Bernard Arnault’s net worth topped $100 billion for the first time. At that point he was the third-richest person on the planet. In July 2019, his net worth topped $108 billion which placed him as the second-richest person on the planet, roughly $400 million ahead of Bill Gates. From January to December 2019, Bernard Arnault’s net worth increased by $36 billion.

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Rhett McLaughlin net worth: Rhett McLaughlin is an American YouTube personality, comedian, and actor who has a net worth of $20 million. He is best known for being a founder of the YouTube partnership Rhett and Link. Along with Link Neal the duo hosts a number of YouTube shows, most notably Good Mythical Morning. They are among the most-popular and highest-paid YouTubers in the world. In 2020 alone they earned a combined $20 million.Their business, Mythical Entertainment Co., employs 100 people. They operate a fan club where fans pay $10-20 per month to access exclusive content.Early Life: Rhett McLaughlin was born in Macon, Georgia in October 1977. He met Link Neal, his collaborator on the Rhett & Link YouTube channel, on the first day of first grade at Buies Creek Elementary School in 1984. His family had just recently moved to Buies Creek, North Carolina from Macon, Georgia. Many years later, they wrote a song and made a documentary about their meeting called “Looking for Ms. Locklear.” The two boys were required to stay in during recess as a punishment because both of them had written swear words on their desks. They bonded over this and drew mythical creatures such as unicorns, hence the name of their YouTube show “Good Mythical Morning.”When Rhett and Link were 14, they wrote a screenplay called “Gutless Wonders” and started making a film based on it. They only shot a couple of scenes and never finished the film. The screenplay was read, years later, during a number of episodes of “Good Mythical Morning.” In high school, Rhett and Link shot a 25-minute parody of the story of Oedipus Rex. Rhett was Oedipus, and Link was his father’s servant. Also in high school, the friends were members of a punk rock band called The Wax Paper Dogz.Rhett holds the record at his old high school for most 3-pointers scored in a single basketball season, 77, at Harnett Central High School to this day.Rhett started college at North Carolina State University in 1996. Link was his roommate in college. Rhett studied civil engineering and graduated magna cum laude in December 2000. Rhett worked at Black & Veatch for a while after college before quitting to pursue their YouTube channel full time.YouTube Career: Not long after graduating from college, Rhett and Link quit their jobs as engineers to focus on their YouTube channel. Today,  at 42 and 41 respectively, this comedy duo are the OG YouTube stars. They host the popular daily show Good Mythical Morning, on which they eat things like Cheetos flavored Pop-Tarts. They have four channels, a podcast, and two books.Their first viral video was “Wolfpack or Tarheels?” uploaded on Rhett’s personal YouTube channel in 2006 (no longer active) of his 3-year-old son Locke McLaughlin crying over the loss of the NC State Wolfpack and their rivalry with the North Carolina Tar Heels. YouTube wanted to feature this video on the home page but the duo asked to have one of their songs featured instead as they wanted to be known by their comedic work and not a viral video. After the video was removed for unknown reasons, the duo uploaded it to their channel, Rhett & Link.Rhett and Link joined YouTube on September 18, 2008. As of January 2020, their channel Good Mythical Morning has over 6 billion views and more than 16 million subscribers. They describe their channel: “Welcome to Good Mythical Morning with Rhett & Link! Tune in every Monday-Friday to watch us eat truly unbelievable things, explore surprising new products and trends, compete in original games with celebrity guests, implement serious experiments in hilarious ways, and more.”After being featured on YouTube’s homepage and the subsequent release of “The Facebook Song” (their most viewed video for several years), Rhett & Link established a presence on the web. In September 2012 Rhett & Link uploaded a video of them singing “All Night Long” by Lionel Richie, recording over 11 hours of footage starting at 7:25 pm ET on the Santa Monica Pier and ending the all-night recording at 6:30 am on Mt. Wilson.The most-watched videos on the Good Mythical Morning channel as of early 2020 are “Eating a Scorpion – Bug War Challenge” with over 27 million views, “Amazing Game Show Cheaters,” also with over 27 million views and “World’s Hottest Pepper Challenge – Carolina Reaper” with over 26 million views. As of June 2019, the most-watched videos on their channel are “My OCD (Song)” with more than 49 million views, followed by “Epic Rap Battle: Nerd vs. Geek” with over 44 million views, and “I’m On Vacation (Song)” with over 29 million views.The duo had a television show, “Rhett & Link: Commercial Kings,” which aired on the Independent Film Channel. The show chronicled the quest of Rhett & Link as they traveled the country making local commercials for small businesses. The ten-part docu-comedy is based on their successful web series I Love Local Commercials.Rhett and Link won a Shorty Award in 2016 for Best Web Series for Good Mythical Morning.On February 22, 2019, it was revealed that Rhett and Link had acquired the Smosh brand (Smosh, Smosh Games, Smosh Pit & ElSmosh) after the channel’s former parent company, Defy Media, had gone into liquidation.  Ian Hecox, the co-founder of Smosh, explained that under the Mythical Entertainment banner, the channel would have full creative freedom and launch its own podcast, known as the SmoshCast. They reportedly paid $10 million to acquire SMOSH.Personal Life: Rhett married Jesse Lane (now McLaughlin) on March 29, 2001. The couple has two sons, Locke and Shepherd, and lives in Los Angeles.As a child, Rhett suffered from feveral seizures. His sons inherited the same trait.Rhett and Link gave the commencement speech at their old high school in 2012 with Link Neal, where they performed a song and had the valedictorian smash a Charmander piñata.Salary Highlights: In 2019, Rhett and Link earned a combined $18 million from their various endeavors. That was enough to make them the fourth-highest YouTubers in the world for the year. In 2020 they earned $20 million.Real Estate: In 2015, Rhett and his wife bought a 3,214 square foot house in the Los Angeles suburb of La Crescenta for $1.425 million. The home is a modern traditional style house built in 1978 with dark hardwood flooring, a sunken family room, a formal dining room, a kitchen with granite countertops, a large outdoor basketball court and a swimming pool and spa.