Who will lead the LVMH luxury empire?

Children of Bernard Arnault, Chairman and CEO of the LVMH group.

2024-04-18    

Arnault père can head LVMH for another five years. In 2022 shareholders, who credited the then-73-year-old with minting their fortunes as well as his own (see chart), happily amended the company’s by-laws to raise the mandatory retirement age for the CEO from 75 to 80. The wolf in cashmere, as the billionaire is known thanks to his killer dealmaking instincts, is showing no signs of letting up. But the boardroom reshuffle and other recent job moves suggest the succession plans for his lupine litter are well under way.

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