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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.
As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46] As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48]
The French book Louis Vuitton, A French Saga, authored by French journalist Stephanie Bonvicini and published by Paris-based Editions Fayard, [26] tells how members of the Vuitton family actively aided the Vichy government led by Marshal Philippe Pétain and increased their wealth from their business affairs with the Germans. The family set up ...
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 ...
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.
As luxury brands brace for a deficit in craftspeople, LVMH is expanding its training programs into the U.S.
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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