Person of interest: Arnault’s successor

Arnault, who co-founded LVMH 35 years ago, is 74, and he seems to have succession planning on his mind. The tycoon tweaked the structure of his holding company to the kind used by the likes of other French family-owned firms such as Hermes and Michelin, to prevent takeovers and ensure control stays within the bloodline. But the family tree isn’t so straightforward. Arnault has five children from two different marriages to choose from.


In January, Delphine Arnault, Bernard’s 47-year-old daughter and the oldest of his five children, was appointed head of Dior. Antoine Arnault, 45, is CEO of the holding company Christian Dior SE—which controls 41% of the capital and 56% of the voting rights in the LVMH group—and vice chairman of its board of directors.

Arnault’s three younger children also hold important positions in the group: 30-year-old Alexandre Arnault, 28-year-old Frederic Arnault, 24-year-old Jean Arnault oversee the jewelry brand Tiffany, the watch brand Tag Heuer, and Louis Vuitton’s watches division, respectively.


Arnault is in no rush to choose yet. Chairman since 1989, he is considering holding on to his post until his 80th birthday.

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