Bernard Arnault, the chairman and CEO of LVMH, once famously drove a Peugeot 205 GTI, but surprisingly, he was denied entry to his own office.
This incident took place sometime in the 1990s.
The security guard on duty was unfamiliar with Arnault and refused him access, believing him to be an ordinary visitor.
While the incident seems incredibly hilarious, it’s worth considering it from the security guard’s perspective – denying access to the CEO of the luxury brand could have spelled disaster for his career.
Bernard Arnault driving Peugeot 205 GTI leads to denied entry at his own office
It seems ironic that the name synonymous with the world’s biggest fashion brands opted for the most modest hatchback available.
However, unlike his billionaire peers like Reuben Singh, who bought five Cullinans in one go, Bernard Arnault avoids any unnecessary attention.
The Peugeot 205 GTI, costing just $12,000, was ideal for the humble billionaire’s needs.
The car was far from luxury but featured comfortable seats and a spacious interior – just the way he needed.
However, this is not the first time we’ve seen billionaires choosing privacy over stardom and luxury.
Billionaires usually surprise with their humble car choice
In a similar incident, Mukesh Ambani’s son-in-law made headlines when he was spotted driving a Toyota Camry.
Similarly, Mark Zuckerberg admires a simple lifestyle, too.
In fact, he has a whole fleet of humble cars that you won’t usually expect in a billionaire’s garage.
While the incident with Bernard Arnault is amusing, it reminds us that great wealth and a simple lifestyle can go hand in hand.
You don’t need to flaunt your lavish possessions everywhere, especially in environments where you travel daily, like an office.
