Shares rose as much as 0.4 percent on Tuesday to a record high of $860.
Bernard Arnault and his wife, Helene, with Frederic, Delphine, Antoine and Alexandre .
All five Arnault children now hold senior positions in the business their father cofounded 35 years ago: Alexandre Arnault is an executive at Tiffany & Co.; Frederic Arnault is chief executive of TAG Heuer; and Jean Arnault takes care of marketing and product development for Louis Vuitton’s watches division.
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