News | Markets | Technology | Personal Finance | Small Business | CNN.
com
Enter quotes
Search Fortune
Buy the Fortune app for iPad
Home
Fortune 500
Fortune Tech
Fortune Finance
Investing
Management and Career
Rankings
Video
My Preferences
Services
POWER 25
25 most powerful people in business
Some are empire builders. Others are hired guns. But if they truly have world-class oomph, they're on Fortune's subjective yet really quite accurate - list of the most powerful businesspeople in the world.
Power 25
5 in power positions
Who's in the right place at the right time? (More)
25 of 25
The power of Steve Jobs
The charismatic Apple founder pioneered several industries, made an unrivaled comeback, and established a powerhouse brand, placing him at the top of Fortune's 2007 Power 25 list. (More)
25. Bernard Arnault
Chairman and CEO, LVMH Arnault is best known for turning LVMH, already a luxurygoods giant when he won control in 1989, into a global empire through acquisitions, savvy marketing, and bold design. The $19 billion company, in which he's also controlling shareholder, boasts more than 60 brands, including the eponymous Louis Vuitton, as well as Marc Jacobs,DomPrignon,andbeautychainSephora. But Arnault's influence reaches far beyond couture and champagne. He's a close friend of French President Nicolas Sarkozy; a newspaper baron who's currently selling one business daily, La Tribune, and acquiring its rival, Les Echos; and a powerful arts patron: Arnault got the go-ahead last fall to build a center for LVMH's art foundation in the Bois de Boulogne. This spring Arnault, 58, who is France's richest man, turned activist shareholder when his holding company paired with private equity firm Colony Capital to buy a 9% stake in Carrefour, the world's second-largest retailer. Arnault made his mark felt fast: In August, Carrefour announced plans for a $6 billion stock buyback program. -Eugenia Levenson Tell us what you think Digg this story Email this story
The power of one
The world economy may seem vast and impersonal. But take a closer look. (More)
Special Offer:
Steve Jobs
Rupert Murdoch
Lloyd Blankfein
Eric Schmidt, Larry Page, and Sergei Brin
Warren Buffett
Rex Tillerson
Bill Gates
Jeff Immelt
Katsuaki Watanabe
A.G. Lafley
John Chambers
Li Ka-shing
Lee Scott
Lakshmi Mittal Jamie Dimon
Mark Hurd
James McNerney
Marius Kloppers
Steve Carlos Slim Schwarzman
Steve Feinberg
Indra Nooyi
Ratan Tata
Bob Iger
Bernard Arnault
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections | Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council
2011 Cable News Network. A Time Warner Company ALL RIGHTS RESERVED.
Terms
under which this service is provided to you. Privacy Policy. Ad choices
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: 2011 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM 2011 is proprietary to Dow Jones & Company, Inc Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2011. All rights reserved. Most stock quote data provided by BATS.