Louis Vuitton decided that he wanted to become a trunk master at the ripe age of sixteen. Not only did this lead to him becoming a designer, but also an inventor, creating locks that had never been seen before. The brand continues to be best known for their bags and luggage, with travel remaining at the heart of the house alongside their RTW collections. The value of the Louis Vuitton brand is estimated at $39.3 Billion in Forbes’ 2020 most valuable brands index. It’s the highest-ranking luxury brand on their list.