CEO Today Magazine January 2020 Edition

www.ceotodaymagazine.com 2019’s Top 10 CEOs 5 23 On top of already being the richest person in France, and one of the top richest in Europe, in 2019 Arnault aided his company’s purchase of Tiffany’s & Co. and subsequently pushed LVMH’s share value beyond $458.46, making him, for a brief moment in history, the richest man in the world. Bernard Arnault received a degree in Engineering from École Polytechnique in Palaiseau in 1971. In 1979 he succeeded his father as President of his company, Férinel, then went on to acquire and become CEO of the Financière Agache. ABOUT BERNARD ARNAULT From there, he became CEO of LVMH, the world’s largest luxury- goods company, and Chairman of Christian Dior, of which he purchased all remaining shares in 2017 for $13.1 billion. Arnault has been awarded The Woodrow Wilson Award for Global Corporate Citizenship in 2011, Knight Commander of the Most Excellent Order of the British Empire in 2012, and The Museum of Modern Art’s David Rockefeller Award in 2014. Net worth: Approx. $107.7 Billion Company: LVMH Bernard Arnault Throughout 2019, Benioff was among several CEOs and wealthy businesspeople to call for increased taxes on America’s wealthiest. “Nationally, increasing taxes on high- income individuals like myself would help generate the trillions of dollars that we desperately need to improve education and health care and fight climate change”, Benioff wrote in the New York Times. Benioff also helped Salesforce grow significantly this year and was named 2nd in this year’s Harvard Business Review list thanks to several well-calculated company acquisitions (Tableau, Bonobo.ai, MapAnything, Griddable, Rebel, MuleSoft, CloudCraze and Datorama) and his outspoken contentious approach to business matters across the board and on social media. ABOUT MARC BENIOFF Benioff received a Bachelor of Science in Business Administration from the University of Southern California in 1986, where he was a member of the Tau Kappa Epsilon fraternity. Benioff sold his first application, How to Juggle, in high school before founding Liberty Software, with which he created and sold games for the Atari 8-bit computer at just 15 years old. He worked at Oracle in a variety of Executive positions for 13 years before founding Salesforce in 1999, which specialises in software as a service (SaaS). Net worth: Approx. $7 Billion Company: Salesforce Marc Benio Photo - Ecole Polytechnique Photo: TechCrunch