All Bernard Arnault articles
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News briefs
Bernard Arnault to reinforce control over LVMH parent company
The French businessman Bernard Arnault plans to transform Financière Agache, a family holding company which controls the French luxury goods conglomerate LVMH, into a limited partnership. The move will enable the businessman and his five children to maintain control over the group. “The LVMH group is a family-based group whose ...
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Article
Bernard Arnault becomes world’s 3rd richest man
With a family fortune of $92.0 billion, Bernard Arnault , who runs and controls the French luxury goods conglomerate LVMH , has become the world’s third-richest man, overtaking the legendary investor Warren Buffet , according to the latest ranking of the world’s billionaires compiled by Forbes . Evidently, LVMH ...