The World’s Richest Man, Bernard Arnault, Owns NFTs

Arnault has exhibited a tepid attitude toward the technology in the past, despite his sons showing considerably greater interest

share

He owns 75 luxury brands including Louis Vuitton, Tiffany, and Tag Heuer, a luxury superyacht named Symphony, his own private island in the Bahamas and, uncharacteristically, a collection of NFTs.

Turns out, the world’s richest man, Bernard Arnault, has his own little nest egg of digital collectibles, despite past comments that seemed to show hesitancy regarding the technology.

In a conversation with his former advisor and chief digital officer of LVMH, Ian Rogers, the chair and CEO of the conglomerate of luxury brands revealed his own NFT collection.

Read more: NFT Investing Explained for Today’s Market

Arnault has reportedly exhibited a “tepid” attitude toward the technology in the past, despite his sons showing considerably greater interest. Alexandre Arnault once touted a jewel-laden Cryptopunk Tiffany pendant and brother Frédéric Arnault, CEO of Tag Heuer, showed off his enthusiasm for Web3 tech with NFT display functionality on the luxury watch brand. 

Arnault senior has remained relatively quiet on the topic, but in a recent Aarthi and Sriram podcast, Rogers, who has since become the chief experience officer at Ledger and is working on the soon-to-be-released Ledger Stax wallet, confides to the hosts his certainty about Arnault’s digital collection. 

The host asks, “You’re telling me Bernard Arnault has a wallet and maybe is buying some NFTs that we don’t know about?”

“There’s no question,” Rogers replies, “He has shown me, on his own volition, his OpenSea page.”

“Which means, he had to pull out his phone, find it and then take me through it. So, yes.”


Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.


Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief.


Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on Google News.


Tags

upcoming event

MON - WED, MARCH 18 - 20, 2024

Digital Asset Summit (DAS) is returning March 2024. This year’s event will be held in our nation’s capital, where industry leaders, policymakers, and institutional experts will come together to discuss the latest developments and challenges in the ever-evolving world of cryptocurrency. […]

upcoming event

MON - WED, SEPT. 11 - 13, 2023

2022 was a meme.Skeptics danced, believers believed.Eventually, newcomers turned away, drained of liquidity and hope.Now, the tide is shifting and it’s time to rebuild. Permissionless II is the brainchild of Blockworks and Bankless. It’s not just a conference, but a call […]

recent research

Cosmos Hub: ATOM Economic Zone

Research

Replicated Security, the Hub’s Validation-as-a-Service offering that went live in March, is the first step in bringing value accrual to ATOM stakers.

/

article-image

OP holders might not be feeling very optimistic with the rollup’s token unlock schedule now in effect

article-image

Two lords are pushing for the government to ensure that the Bank of England could not implement “Britcoin” without legislative backing

article-image

This is the second fee switch proposal that failed to pass a community vote

article-image

This partnership comes as Nike released its first NFT collection, Our Force 1, this month

article-image

The weaknesses of large language models like ChatGPT are “too great to use reliably for security,” OpenZeppelin’s machine learning lead says

article-image

Giddy will now enable users to spend their yield on real-world goods and services