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Alexandre is the EVP of Tiffany & Co., Frédéric is the CEO of LVMH Watches, [55] and Jean is the Director of Watchmaking Marketing and Development at Louis Vuitton. [56] Since 2010, Arnault's daughter Delphine has been with Xavier Niel , a French billionaire businessman active in the telecommunications and technology industry.
In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the Russian invasion. [107] On 2 March 2022, LVMH Group pledged €5 million to the Red Cross to those affected by the war. [108] [109] In addition, the company closed 124 of its stores in Russia. [110]
The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris. [21] Louis Vuitton had observed that the HJ Cave Osilite [22] trunk could be easily stacked. In 1858, Vuitton introduced his flat-topped trunks with Trianon canvas, making them lightweight and airtight. [21]
LVMH is the family’s best-known business, and its sprawling luxury fashion empire owns Louis Vuitton, Christian Dior, Tag Heuer, and more. But the Arnaults’ reach goes well beyond top-end brands.
Arnault, who is chairman and chief executive of Louis Vuitton SE or LVMH , has seen more than a $7 billion loss in net worth in 2022 while LVMH stock is off roughly 6.58% during the same time ...
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Antoine Arnault (French pronunciation: [ɑ̃twan aʁno]; born 4 June 1977) is a French businessman who is the vice-chairman and CEO of Christian Dior SE.He is the second child and eldest son of billionaire Bernard Arnault, who controls LVMH Moët Hennessy Louis Vuitton.
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